EV Industry

As domestic companies gradually increase the production of chips, I believe the shortage of automotive chips in the industry at present did not cause too big a shortage impact, the future impact will also gradually dissolve, Cui said.

Tencent News said ZTE's goal of getting involved in the automotive field is quite similar to Huawei's, namely to be a tier-one supplier to car companies, the report said.

In the field of intelligent transportation in China, Baidu's Apollo, released in 2017, is a pioneer and is conducting open-road driverless tests in Beijing, Changsha, and California.

ZTE's involvement in the automotive sector is quite similar to Huawei's goal of being a tier-one supplier to car companies.

Tencent on March 2 disclosed a patent titled "a self-driving control method and device" that enables a controlled self-driving vehicle to find an opportunity to safely change lanes and perform the lane change.

The company has been named as JIDU Auto (集度汽车), with a registered capital of RMB 2 billion, according to corporate information provider Qichacha.

The WulingHongguang Mini EV, the top-selling electric car in China, was also the world's monthly electric car sales leader in January.

Chinese EV maker WM Motor's electric SUV with 5G connectivity, the WM W6, began accepting pre-orders on March 1 and will be delivered in April of this year.

China has ranked first in the world in new energy vehicle production and sales for six consecutive years, with cumulative sales of 5.5 million units, Chinese officials said today.

Chinese automaker Geely is aiming to launch a flying car in the Chinese market by 2024, built by its subsidiary Aerofugia and German company Volocopter, according to Jing Chao, CEO of Aerofugia.