Industry News
Former Didi exec joins GAC to lead businesses including autonomous driving
Chen has more than 20 years of experience in artificial intelligence research and applications and big data analytics.
Not all battery swap-enabled models are successful, this automaker had zero car sales in June
The success of Nio's battery swap-enabled models does not mean the same for all companies selling such models.
SAIC aims to sell 550,000 units in overseas markets this year
SAIC Motor aims to sell 550,000 units in overseas markets this year and the target is 1.5 million units by 2025.
Uxin closes $100 million financing deal, Nio's William Li joins board
Under the deal, Uxin has issued a total of 29,129,040,416 shares of senior convertible preferred stock for an aggregate amount of $100 million.
China sees 9,435 power battery recycling-related company registrations in H1, 26 times as many as a year ago
With the rapid development of China's new energy vehicle industry, power battery recycling is starting to become a big business with a rapid increase in participants.
Hongguang Mini EV sales at 22,905 units in June, down 23% from May
After its record sales in March, the performance of China's hottest-selling electric car is starting to weaken.
China's new energy firms scrambling to raise capital to expand capacity
The huge market demand generated by China's new energy industry chain has led to a large number of companies actively raising capital to expand their production capacity.
Beijing bans illegal electric tricycles and four-wheelers, gives 2.5-year transition period
These vehicles are also widely known as "老头乐" (Old Man's Joy) in China, and they often weave in and out of ordinary vehicles and drive illegally on bike paths, posing many safety hazards.
BAIC Blue Park June sales at 1,585 units, down 47% from a year ago
BAIC Blue Park had a glorious past. It was the number one pure electric vehicle seller in China for seven consecutive years from 2013-2019.
Jidu, Baidu's car-making arm, has poached former Nio veteran engineer
Chinese tech giants jumping on the car-building bandwagon are grasping for talent, and they're setting their sights on people who once had experience working at China's leading car-making newcomers, including Nio.
