Industry News

Ora's first SUV appears on regulatory list

Ora, the new energy vehicle brand of Great Wall Motors, was previously best known for its compact model Good Cat. Now its first SUV appears to be just around the corner from its official debut.

Chinese AI firm SenseTime launches new brand to provide smart car solutions

Chinese AI company SenseTime unveiled its smart car solutions brand SenseAuto at the recent 2021 World Artificial Intelligence Conference.

Cambricon says it's designing smart driving chip with over 200 TOPS of computing power

While China's new energy vehicle industry is growing rapidly, local automotive chip design companies are also on the rise.

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.
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