Industry News
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.
Chery sold 7,226 NEVs in June, up 158% from a year earlier
Chinese automaker Chery sold 7,226 new energy vehicles in June, up 158.1 percent year-on-year, according to data released by the company on Monday.
VW ID.6 CROZZ starts accepting pre-orders in China, price from about $37,000
As China's new energy vehicle market is growing rapidly, traditional car giant Volkswagen is underperforming. Now the company has added a new member to its lineup in hopes of gaining more market share.
China achieves experimental power generation from dry thermal rock
China successfully achieved a dry-thermal-rock test power generation in the Matouying, Tangshan, Hebei dry-thermal-rock exploration area, the latest development in the country's clean-energy development.
Chinese EV makers speed up hoarding war chests
Nio CEO William Li was recently quoted by Securities Daily as saying that the real competition in the smart electric vehicle industry has not yet begun, and there is still a need to raise enough capital to lay the groundwork for future competition.
Nio Day 2021 will be held in one of these three cities
Nio announced on Saturday that Hefei, Suzhou and Xi'an have been nominated by the Nio Day 2021 organizing committee as candidates to host the event.
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.