Industry News

Southwest China's Chengdu requires new vehicles used for ride-hailing to be NEVs

Chengdu, famous for being the home of China's panda breeding program, recently issued new regulations on the ride-hailing industry, requiring new vehicles used for ride-hailing to ...

S&P expects China's new energy vehicle sales to continue to rise

In the next year or two, China's new energy vehicle market will likely remain dominated by local brands, considering that nine of the top 10 electric vehicle companies are currentl ...

China's Ministry of Commerce suggests local NEV firms to increase exports to Russia

China's Ministry of Commerce has recommended that local new energy vehicle (NEV) companies increase their exports, marketing and promotion to Russia to expand their market sha ...

China's first superconducting cable completed in Shenzhen

China's first 10-kilovolt, 400-meter triple-phase co-axial high-temperature AC superconducting cable was laid in Shenzhen, southern China, on July 28, SZnews.com reported on Wednes ...

Dongfeng Motor's premium EV brand Voyah says its first model received 3,689 orders in 43 days on sale

Voyah is on track to become the fastest EV brand to reach 10,000 sales, the company said. ...

Chery sold 7,255 NEVs in July, up 107% year-over-year

From January to July, Chery sold a total of 47,656 new energy vehicles, up 212.5 percent year-over-year. ...

Analysts say automaker valuations have broken through old framework and expected to keep going higher

China's new energy vehicle stocks surged on Wednesday, with an ETF tracking the sector up more than 5 percent at press time and BYD up nearly 8 percent to top RMB 300 for the first ...

Jidu execs visit CATL, sparking speculation of partnership

A team of executives from Baidu's car-making business Jidu Auto visited power battery giant CATL on Tuesday to discuss a partnership that goes beyond the power battery business, Pi ...

China's July auto sales estimate at 1.82 million units, down 9.7% from June

China's July auto sales are estimated at 1.82 million units, down 9.7 percent from June and 13.8 percent from a year ago, data released Wednesday by the China Association of Automo ...

Arcfox delivered 525 units in July, up 90 percent from June

In late May, the Arcfox α-S's production-line verification vehicle officially rolled off the production line, with small-volume deliveries scheduled for the fourth quarter of this ...
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