Industry News
Shanghai contributed 34% of China's EV exports in H1
Shanghai exported 60,000 EVs in the first half of the year, an increase of 752.9 percent year-over-year, accounting for 34.3 percent of China's total, according to Shanghai Customs.
EV vs. fuel car, which is safer in flood?
Nio will do inspections of all vehicles damaged in the flood in Henan and then give a repair strategy, "Even the most serious scrapping can possibly be solved by replacing the battery."
Flood-hit Zhengzhou encourages damaged car owners to buy NEVs with subsidies
The city of Zhengzhou in central China, which was recently hit by heavy rains and floods, has introduced a policy to encourage the purchase of new energy vehicles (NEVs).
Mini EV's new challenger launched, priced from RMB 39,800
Chinese EV maker Letin's electric mini car "Letin Mango" Hunan TV co-branded model was launched on Friday, with a price range of RMB 39,800 ($6,165) to RMB 54,900.
2022 Porsche Taycan launched in China, priced from about $138,000
The base model is priced at RMB 888,000, the 4S version at RMB 1,158,000, the Turbo version at RMB 1,508,000 and the Turbo S version at RMB 1,808,000.
One of China's highest-level meetings calls for support to speed up development of NEVs
The Political Bureau of the Communist Party of China Central Committee said at a meeting on Friday that the country should tap the potential of the domestic market and support the accelerated development of new energy vehicles, according to Xinhua.
China's new power pricing mechanism expected to give energy storage industry boost
"The economic modeling of investments in energy storage projects is expected to be validated, and demand for customer-side energy storage is expected to grow at a high rate."
Electric scooter maker Yadea joins forces with partners including Alipay to promote battery swap-enabled models
Unlike the passenger car segment, the battery swap model is seeing more players in the electric scooter segment.
Horizon Robotics launches Journey 5 chip with 128 TOPS of AI computing power
If car companies use multiple chips to build autonomous driving domain controllers, they can reach a maximum of 1,024 TOPS, which can support L4 autonomous driving, the company said.
Who are the battery suppliers of the major Chinese new car makers?
In terms of low-cost lithium iron phosphate batteries, Gotion Hi-Tech is likely to be chosen by Nio, a study said.