Industry News
Cadillac Lyriq available for pre-order in China, priced from about $68,940
The first available version of the Cadillac Lyriq in China is a single-motor, rear-wheel-drive, long-range one that is expected to be delivered in mid-2022.
Wuling's new minicar Nano EV goes on sale, prices start at around $7,800
The Nano EV is powered by an electric motor with a maximum power of 24 kW and a peak torque of 85 Nm. It has a combined range of 305km.
Lucid Motors plans to build plant in China by 'mid-decade,' CEO says
Lucid Motors plans to build factories outside the United States, including in China, the world's largest automotive market.
Is battery swap model less sustainable than supercharging? This team of analysts thinks the opposite
CICC believes that public charging facilities will be difficult to sustain in terms of location and economics. From the perspective of battery standardization, the battery swap model will be further promoted.
Chinese EV startup Aiways enters Spanish, Portuguese markets
Aiways plans to release a new model in Europe every year, and its U6 SUV will be available in Europe in 2022.
Geely's Lotus, self-driving unicorn Momenta set up joint venture
The company is the first joint venture between a carmaker and an autonomous driving firm in China, and will be a supplier of autonomous driving solutions to Lotus.
Former Nio, Ford exec Zhu Jiang joins Baidu's car-making arm Jidu
Zhu joined Nio in 2017 as vice president of user development. He joined Ford China on June 1, 2020 and get the Mustang Mach-E launched in China.
Faraday Future delays Q3 earnings report amid internal review of short-seller allegations
Faraday Future has formed a special committee to review allegations of inaccurate disclosures.
Further Reading: The Avatr confusion
Avatr brought a lot of empty and confusing statements to the launch of its first model, revealing its essential lack of confidence.
Avatr's first model unveiled, to be delivered in Q3 next year
Avatr 11 will be officially launched in the second quarter of next year, with mass production and first deliveries in the third quarter.