Industry News

BMW plans to install 360,000 charging piles in China by year-end

For reference, Tesla currently has more than 6,300 Superchargers in China and more than 25,000 Superchargers worldwide. ...

Qualcomm-backed self-driving startup ZongmuTech closes new $190 million funding round, considers A-share listing

This is one of the first investments made by a Xiaomi-backed fund in the smart vehicle industry chain since the smartphone giant officially announced its entry into the car-making ...

Chinese MCU maker Runjet raises prices by 5%-20%

In the midst of a global chip shortage, the price of MCU (microcontroller unit), an important component in automobiles, continues to rise. ...

Nio's OEM JAC launches battery swap-enabled models for cab market

For the cab market, models that support battery swap are popular because they are more convenient to replenish energy. Now, JAC has launched new models that meet this need. ...

Jidu Auto, Baidu's car-making arm, will price its first model at over $31,400

The company's first car will be unveiled at the 2022 Beijing auto show. Optimistically, reservations could be made available within the next year. ...

Auto chip shortage expected to ease as Renesas plant set to return to full capacity by mid-June

Renesas holds nearly one-third of the global market share for automotive microcontroller chips, and the March fire hit global automotive production hard. ...

GAC reportedly invests in ride-hailing giant Didi's self-driving business

Didi Chuxing's self-driving business is close to finalizing a new round of funding of more than $300 million, with GAC Group investing $200 million, LatePost reported Monday. ...

Allowing couples to have three children seen as good for China's 7-seat car market

"This policy is a major boon to the car market and will help the 7-seater market grow." ...

Geely reportedly partners with appliance giant Haier to sell its high-end EVs in latter's stores

Haier and Geely are in talks to make the Zeekr 001, the first model of the latter's premium electric car brand Zeekr, available in Haier's retail stores. ...

GAC Aion says it has achieved mass production of its concept car with 'world's lowest wind resistance'

GAC Aion said that its concept car ENO.146 has a wind resistance coefficient of 0.146 cd, the lowest in the world. ...
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