Industry News
China and France to mutually recognize driving licenses of each other's residents
Under the agreement, residents of one country with a driving license can drive directly in the other country's territory or receive a license without taking a test.
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PV installations in China expected to explode with 25 provinces submitting pilot programs
Since China launched a new round of pilot policies to support the photovoltaic (PV) sector on June 20, 25 provinces have submitted proposals.
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China's crowded EV making sector has a new player
With the launch of two electric vehicles, SiTech, also known as Xinte Auto, the electric vehicle brand that once partnered with FAW, is making a comeback.
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BAIC BluePark sold 3,491 units in July, up 74% year-over-year
Its cumulative sales from January to July were 10,450 units, down 37.46 percent from 16,709 units in the same period last year.
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Chongqing Sokon delivered 3,189 NEVs in July, up 113% from a year ago
Chongqing Sokon delivered 3,189 new energy vehicles in July, up 113.45 percent from the same month last year, according to data released by the company Thursday.
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BMW Brilliance sees its 100,000th power battery roll off line
The high-voltage power battery will be used in the pure electric BMW iX3.
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China's used car transactions up 46% year-over-year in first seven months
In July, China traded 1.459 million used vehicles, up 15.7 percent year-over-year.
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Chinese EV startup Aiways said to be considering US IPO as soon as this year
Aiways is working with underwriters to prepare for the IPO, which could raise about $300 million.
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China steps up regulation of smart car industry
As the smart car industry grows rapidly, China is also accelerating its regulatory policies.
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Pony.ai reportedly puts on hold plans for US IPO
Pony.ai, a Chinese self-driving startup backed by Nio and Toyota Motor, has put on hold plans to go public in the United States through a merger with a blank check company, Reuters
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