Industry News
Behind auto chip shortage: Some dealers multiply offers by 10 times
The reason for the rise in auto chip prices is speculation by dealers on the one hand, and automakers spending high prices to buy chips in bulk for fear of discontinuing production
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How do Nio, Xpeng, and Li Auto's Q2 results compare?
With Li Auto releasing its second-quarter earnings on Monday, the US-listed Chinese EV trio - Nio, Xpeng Motors, and Li Auto - have all reported results for the quarter.
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Baojun KiWi EV goes on sale starting at $10,800
The company said orders for the KiWi EV have surpassed 6,000 units in the 20 days since pre-orders for the car began on August 11.
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Jidu finishes wind tunnel tests of first model's clay mockup
The full design of Baidu's first model has been finalized and is undergoing engineering development and design optimization.
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Geely's Lotus forms new firm in China and secures Nio Capital investment
Lotus announced Nio Capital, the venture capital arm of Nio, as its investor, without disclosing the exact amount of investment or the valuation.
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GAC Aion to bring in strategic investors, consider IPO
GAC Aion will increase its share capital and introduce strategic investors and actively seek to go public at an appropriate time, GAC Group said.
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Beijing Benz recalls 796 EQC electric SUVs in China
Beijing Benz is recalling these China-built EQC vehicles with production dates between June 12, 2019 and June 18, 2020, starting August 30, 2021.
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Audi said to offer over 60% discount for big customers when selling Q2L e-tron
At a time when China's electric vehicle industry is growing rapidly, foreign brands, with the exception of Tesla, seem to be lagging behind across the board, especially Audi.
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Volkswagen starts accepting pre-orders for its popular model ID.3 in China
The ID.3, the Golf's electric counterpart, is one of the top-selling electric cars in Europe.
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GAC Aion unveils super-fast charging technology that can go from 0 to 80% in 8 minutes
On the company's A480 supercharger, vehicles can be charged at a high rate of 6C, adding 200 kilometers of range in five minutes and charging from 0 to 80 percent in eight minutes.
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