Industry News

After Nio EP9, China's hottest-selling EV to land in racing game

Bringing their models to games is an occasion for car companies to expand user awareness. After Nio, another Chinese company has done so. ...

After BYD, another Chinese company to mass produce automotive IGBTs

As a key component of new energy vehicles, IGBT is regarded as the core technology peak due to its difficult technology and large investment. Now, after BYD, another Chinese compan ...

Volkswagen to stop fuel car production in Europe by 2035 at latest, but a little later in China

Volkswagen will stop producing fuel-fired vehicles "a little later" in the United States and China, and even longer in South Africa and Africa. ...

Deutsche Bank raises NEV sales forecast for China by 2025

The team raises their 2025E NEV forecast from 6.6m to 8.3m units, representing about 35% penetration. ...

Chinese power battery maker to build new factory in France

Chinese power battery maker Envision AESC will build a power battery factory in France with a total investment that may reach $2.9 billion, Bloomberg reported recently. ...

Great Wall Motor's premium EV brand to launch first product in 2022, targeting luxury segment

Great Wall Motor will launch the first product of the company's premium EV brand Saloon in 2022, positioning it as a luxury smart battery electric vehicle. ...

'Douyin Car' proves to be for car information, not for building cars

ByteDance, the owner of TikTok and its Chinese version Douyin, recently launched a logo called "Douyin Car" that sparked rumors that it might be involved in building cars. ...

World's second largest hydro plant starts generating power in Southwest China

It has a total installed capacity of 16 million kilowatts, second only to Three Gorges' 22.5 million kilowatts. ...

Dongfeng Motor turns its premium EV brand Voyah into separate company

Dongfeng Motor is the latest in a long line of traditional Chinese car companies to set up a separate company to run their electric vehicle business. ...

Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears

Good news for the global automotive industry hit by a global chip shortage. ...
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