Industry News
Faraday Future says one version of FF 91 has sold out of all available capacity
The FF 91 Futurist Alliance was sold out on July 25 after it began accepting pre-orders last week, according to information on Faraday Future's (FF) website.
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Chinese auto chip maker SemiDrive raises $154 million in Series B funding
SemiDrive develops high-performance automotive-grade chips covering smart cockpits, central gateways, autonomous driving, and highly reliable MCUs. It closed an RMB 500 million Ser
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Chinese AI firm SenseTime says it has solved nighttime smart driving challenges
Chinese AI company SenseTime recently said that its smart car solution brand SenseAuto has solved the challenges facing smart driving at night, "making the night less dark."
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China to see non-fossil energy generation capacity exceed coal power for first time this year
By the end of the year, China's installed power generation capacity will be 2.37 billion kilowatts, up 7.7 percent year-over-year, the report said.
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GAC Toyota's NEV project with annual capacity of 200,000 units goes into operation
The first phase of GAC Toyota's new energy vehicle capacity expansion project went into operation Sunday, with an expected annual capacity of 200,000 units, the company said.
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China's 'dual credit' policy, what you need to know
The unit price of new energy credits in China has risen from RMB 300-500 initially to RMB 2,500-3,000, according to a previous research report by Industrial Securities.
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These are the most popular EV models in Beijing in H1
Tesla is the most popular EV brand among Beijing residents, followed by BYD, BJEV, and Nio, according to insurance registration data from January to June.
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China's hottest-selling EV coming to Spain with doubled price tag
China's hottest-selling EV, the Wuling Hongguang Mini EV, is coming to Spain for about 9,000 euros ($10,590), according to Entrepreneur.com. The model starts at RMB 28,800 ($4,450)
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Toyota recalls over 200,000 vehicles in China for non-compliant adaptive cruise control system
They involve 116,551 Corolla vehicles produced by Tianjin FAW Toyota from August 2019 to July 2021 and 109,034 Levin vehicles produced by GAC Toyota from May 2019 to July 2021.
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Volkswagen expects its EV sales in China to soar in H2
Volkswagen expects its ID series of electric cars to see a sales surge in China in the second half of this year, Reuters reported on Thursday, citing Volkswagen Group CEO Herbert D
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