Industry News

Geely signs deal with battery swap station operator to tap commercial vehicle market

Chinese auto giant Geely has signed an agreement with clean energy service provider GCL Energy Technology Co to cooperate in the commercial vehicle market using the battery swap model.

China's new energy vehicle ownership exceeds 6 million

The number of newly registered new energy vehicles in the first half of the year was a record high of 1.103 million, an increase of 774,000 units or 234.92 percent compared with the same period last year.

Geely sold 7,515 NEVs in June, down 14% from a year earlier

Geely's all vehicle sales totaled 100,163 units in June, down about 9 percent from a year ago and up about 4 percent from May.

User frustrated by lagging VW ID.4 X car interface

A video circulated on Weibo on Tuesday shows a user complaining that the SAIC Volkswagen ID.4 X car system is stuck in the startup screen and the vehicle cannot perform any operation, even the air conditioning cannot be turned on.

Horizon Robotics' AI chip with up to 128 TOPS computing power gets key certification

Horizon Robotics has received SGS-TÜV ISO 26262 ASIL-B Ready functional safety product certification for its Journey 5 chip with up to 128 tera operations per second (TOPS) of AI computing power, paving the way for mass production.

OTA upgrade lets Polestar 2 users use smartphones as car keys

Polestar said Tuesday that Polestar 2 users can use their smartphones as car keys as an alternative to traditional keys.

GAC Aion sold 10,403 units in June, up 190 percent year-on-year

This is the second consecutive month that the brand has sold more than 10,000 units per month, and its May sales exceeded this threshold for the first time, increasing 154 percent year-on-year to 10,395 units.

Newspaper focuses on why legacy car makers lag behind in EV market

What traditional car companies hate about themselves is that they seem to understand why the new car makers are winning, but they just can't do it right.

WM Motor, once seen as one of the most promising EV makers in China, lags behind its local peers

WM Motor has not announced any single month sales so far this year, in contrast to its peers including Nio.

China's June auto sales forecast at 1.926 million units, down 16% from a year earlier

It is worth noting that the electric car companies that have now announced their June sales are all performing strongly.
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