Industry News

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.

WM Motor's SUV W6 gets first OTA update

WM Motor's SUV W6 has received its first OTA update to support 11 popular vehicle remote control functions.

Expert says EVs actually causing increased carbon emissions, here's why

In the public perception, electric vehicles (EVs) do not use fossil fuels, so they will be more low-carbon and environmentally friendly than conventional vehicles. But in one expert's opinion, that's not the case at this stage.

Carmakers earn 4.37 million positive points in 2020 under China's dual credit policy

Automakers in China have 4.37 million positive points and 1.07 million negative points for new energy vehicles in 2020 under the dual credit policy.
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