Industry News
Chip shortage's impact on China's auto industry expected to last until next spring
The impact of the chip shortage on China's auto industry will continue into next spring due to the Covid-19 outbreak in Malaysia, China Securities Journal said on August 20, citing industry sources.
China issues regulations on auto data security, to take effect Oct 1
After a public comment period that began in mid-May, China on Friday officially released regulations on automotive data security management, which will come into effect on October 1.
Nio Capital-backed digital energy solutions provider NewLink closes $300 million in new financing
Nio Capital, the venture capital business of Nio, first invested in NewLink in 2019 and has participated in a total of three of its financings.
Great Wall Motor sold 2,932 units in Russia in July, up 60% year-over-year
Great Wall Motor's sales in Russia from January to July reached 19,167 units, up 126 percent year-over-year.
Geely discloses patent for autonomous driving controls
"The invention provides a safe and comfortable method of parking for autonomous driving control," the patent abstract states.
Toyota said to cut its global car production plan in September by 40%
Toyota originally aimed to build fewer than 900,000 vehicles in September, a figure that has been reduced to 500,000.
China to create more convenience for NEVs in charging and use
Chinese cities are encouraged to create more convenience for new energy vehicles in scenarios including charging, traffic access, and parking, said Gao Feng, a spokesman for the Ministry of Commerce, on Thursday.
Tencent's new patent can identify license plate numbers and establish communication
Tencent has disclosed a patent involving vehicle communication that is expected to facilitate contact between unfamiliar car owners.
LiDAR supplier RoboSense says it has begun deliveries to customer in North America
The RS-LiDAR-M1 is the world's first mass-produced solid-state LiDAR, the company said, adding that it has now completed more than a dozen deliveries.
Great Wall Motor acquires Daimler's plant in Brazil
The plant delivery is expected to be completed by the end of 2021, and it will have an annual capacity of 100,000 vehicles after the renovation.