EV Industry

Apple supplier Foxconn expects to unveil 2-3 new vehicles built on its own EV platform - dubbed the MIH – at the end of this year, marking significant progress for the electronics giant on its path into the automotive sector.

Xiaomi has made a round of structural changes to its technology system ahead of the Chinese New Year holiday, possibly to pave the way for its entry into the car-making industry, according to the latest report.

There were 78,600 newly registered new energy-related companies in China throughout 2020, up 70.8% year-on-year, according to data provider Qichacha.

Chinese smartphone giant Xiaomi has decided it will build its own cars and sees it as a strategic decision, Chinese media outlet LatePost said, citing multiple sources.

Geely plans to set up a new company to explore a new approach to product planning, marketing, and sales of electric vehicles (EV), a radical departure from the industry practice of marketing and selling electric vehicles alongside conventional cars, Reuters said on February 19, citing sources.

Xia Yiping served as Mobike's chief technology officer until Mobike was acquired by Meituan in 2018.

Chinese technology giant Huawei disclosed a patent for "a powertrain and electric vehicle" on February 12, according to data provider Qichacha.

The model will soon finish durability tests in the harsh cold and other environments and move on to the next phase of work.

Baidu hopes to bring advanced smart driving technology to the market in a timely manner by building its own cars, said Robin Li, CEO of the Chinese search engine giant.

Baidu CEO Robin Li didn't give any more details, but he said they will try to launch a new electric car model within three years.