Industry News

Analysts call Nio-backed Uxin China's 'Carvana' in the making

The investment in Uxin will further improve Nio's position in the car trading scenario, and together with Nio Capital, it will bridge the company's possibilities for cooperation with Nio, bringing more imagination to Uxin's development.

Chery's legendary model to get an EV version, possibly competing with Mini EV

As a model released about a decade ago, Chery's QQ is seen as China's first model aimed at young people. With a price tag of less than RMB 50,000 ($7,720), it became popular and has become a legend over the years.

GAC's SUV with Horizon Robotics chip launched

Horizon Robotics' newest Journey 3 chip is equipped in the 2021 Li ONE model, with more applications expected in the future.

Evergrande Auto breaks ground on new $773 million production site

The overall project is expected to be completed in 2024 and will be used for the production of models including sedans and coupes.

China has built 118 hydrogen refueling stations

By the end of 2020, China had built 118 hydrogen refueling stations in total, with 167 under construction or planned, according to a recently released report.

Auto chip supply expected to improve significantly from July, China's auto association says

In terms of auto production, the improvement in chip supply should be evident in August, the CPCA said, adding that the chip problem should be largely resolved by September as more capacity is released.

Chinese analysts give their 10 predictions for smart car industry

The rapid growth of the new energy vehicle industry has put China on the edge of a new technological revolution. What does this mean for investors? What trends are coming?

Dongfeng Motor's premium EV brand Voyah's first production vehicle rolls off line

Its competitors include the Li ONE, Nio ES6, and Tesla Model Y.

Chairman of China's largest automaker expects chip shortage to ease in July

Chip shortage is a key factor limiting the capacity of global car companies, but the situation is not far from improving.

Chinese charging pile operator Teld secures $44 million investment

Teld was priced at RMB 14.6 yuan per share, valuing the company at approximately RMB 13.6 billion after the investment.
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