Industry News

'Douyin Car' proves to be for car information, not for building cars

ByteDance, the owner of TikTok and its Chinese version Douyin, recently launched a logo called "Douyin Car" that sparked rumors that it might be involved in building cars.

World's second largest hydro plant starts generating power in Southwest China

It has a total installed capacity of 16 million kilowatts, second only to Three Gorges' 22.5 million kilowatts.

Dongfeng Motor turns its premium EV brand Voyah into separate company

Dongfeng Motor is the latest in a long line of traditional Chinese car companies to set up a separate company to run their electric vehicle business.

Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears

Good news for the global automotive industry hit by a global chip shortage.

Chinese self-driving startup Pony.ai mulls US IPO

"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.

Geely drops plan to list on A-share STAR market

Geely said Friday it withdrew plans to list on China's Nasdaq-style sci-tech innovation board, also known as the STAR market, becoming the latest car company to do so after WM Motor.

Faraday Future to trade on Nasdaq on July 21

FF is an electric car company founded by Jia Yueting, an entrepreneur who filed for bankruptcy in the US in October 2019 after accumulating billions of dollars in personal debt.

Smart's first electric SUV completes engineering tests in China

The new vehicle will be based on Geely's SEA architecture, the same as the Zeekr 001.

Over 195 million cars worldwide have BlackBerry QNX software

Huawei launched HarmonyOS 2 earlier this month, which can be used not only for smartphones but also for cars. In analysts' eyes, it brings a new option to the current in-car OS market.

Pony.ai denies joining car-making bandwagon

News of Chinese self-driving company Pony.ai joining the car-making bandwagon first broke half a month ago, and the company has not explicitly denied it until today.
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