Industry News

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).

US has fallen behind China, Europe in EV production, report says

Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.

Beijing's new rules, set to take effect on July 1, expected to improve EV charging experience

Charging spaces being taken up by fuel vehicles is a problem that bothers many EV owners. With a new regulation coming into effect in Beijing, this problem is expected to be alleviated in the city.
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