Industry News
Great Wall Motor reports strong H1 performance, shares rise by daily cap of 10%
For the first half of 2021, Great Wall Motor reported revenue of RMB 62.159 billion ($9.6 billion), up 73 percent year-over-year, according to figures the company announced on July 20.
SAIC plans to invest about $310 million in fuel cell heavy truck sector
SAIC Motor, China's largest local automaker, announced on July 20 that it has signed an agreement with Inner Mongolia's Ordos municipal government to invest 2 billion yuan ($308 million) to build a fuel cell heavy truck chain there between 2021 and 2025.
China's Hebei Province plans to have 100 hydrogen refueling stations by 2025
Hebei plans to build 25 hydrogen refueling stations by 2022, and the demonstration operation scale of fuel cell buses and logistics vehicles will reach 1,000 vehicles.
Evergrande Auto falls over 10% as concerns mount over its parent company's financial situation
The company's stock has fallen about 80 percent since the Shanghai auto show on April 19.
Smartphone maker Meizu applies for driving status detection patent
Chinese smartphone maker Meizu recently disclosed a patent related to driver driving status detection with an application date of April 2021.
SAIC says it has invested nearly $9.3 billion in new energy R&D in past five years
SAIC Motor said it has invested nearly RMB 60 billion ($9.26 billion) in new energy research and development in the past five years, thus building up a technological advantage in the new energy and smart networked field.
China's most popular navigation app offers new feature to improve experience for NEV owners
These features include finding and navigating to charging stations, charging route planning, long-distance service area charging alerts, and scanning QR codes for charging.
Self-driving firm WeRide speeds up presence in freight sector with new acquisition
Chinese self-driving mobility company WeRide has acquired self-driving freight startup MoonX for an undisclosed amount, according to an announcement from WeRide on Tuesday.
VW starts delivery of ID.6 CROZZ in China
FAW-Volkswagen began deliveries in China on July 18 of the ID.6 CROZZ, a mid-size all-electric SUV built on the MEB modular platform.
Chinese self-driving truck firm TuSimple reportedly launches project to build vehicles
TuSimple recently launched its vehicle-building project Turing Auto and established two subsidiaries for this purpose, according to local media outlet Auto-Bit.
