Industry News
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.
Guangdong offers subsidies of up to $1,550 to encourage local residents to buy new cars
In an effort to boost local car consumption southern China's Guangdong province has launched a new incentive.
Evergrande Auto unveils automated parking system
Automated parking, an important feature of smart cars, is important to every electric vehicle (EV) company. The EV company owned by China's largest real estate developer Evergrande Group has become the latest car company to release such a system.
Chery to release production version of its concept electric SUV in September
The Big Ant X will have a starting price of around RMB 160,000 ($24,750).