Industry News

This Chinese city aims to be first to rely primarily on wind power

The city's goal is to become an "international wind power city" and a world-renowned base for the offshore wind power chain by 2025.

Evergrande aims to transform from real estate developer to NEV maker in 10 years

Evergrande Auto's shares traded in Hong Kong are up nearly 15 percent at press time.

Volkswagen ID.3 goes on sale in China, prices start at around $25,000

The launch of the ID.3 is expected to further boost the performance of VW's ID. lineup, which saw 10,126 deliveries in China in September.

WM Motor unveils M7 sedan with three LiDARs and controversial look

Its bold design with three LiDARs may be a compromise for high performance, and it's unclear whether Chinese consumers will pay for it.

China begins using air compression to store energy and generate electricity during peak hours

The system can generate up to 40,000 kilowatt-hours of electricity per day, which is equivalent to the usage of 3,000 households in a day.

New materials developed by Chinese team promises to dramatically reduce cost of fuel cells

In achieving the same level of fuel cell performance, the team uses only one-tenth of the expensive platinum.

Mercedes-Benz EQA, EQB open for pre-order in China, prices start at around $58,000

The Mercedes-Benz EQC registered 3,472 units in China from January to July, compared to 49,155 units for the Nio in the same period.

Bosch China exec visits Jidu, possibly for talks on 2023 chip capacity bookings, report says

Bosch China President Chen Yudong said earlier this month that shortages of automotive chips will become the norm, the problem is just the extent.

SAIC-VW ID.4 X and ID.6 X get limited-time price cuts

All SAIC-VW's ID.4 X models have been reduced in price by RMB 24,000 ($3,750), and the ID.6 models have been reduced by RMB 31,000.

Volkswagen ID.3 will be officially launched in China on Oct 22

Volkswagen's ID. series saw 10,126 deliveries in China in September, and the launch of the ID.3 is expected to further boost that performance.
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