Industry News
Chinese power battery maker to build new factory in France
Chinese power battery maker Envision AESC will build a power battery factory in France with a total investment that may reach $2.9 billion, Bloomberg reported recently.
Great Wall Motor's premium EV brand to launch first product in 2022, targeting luxury segment
Great Wall Motor will launch the first product of the company's premium EV brand Saloon in 2022, positioning it as a luxury smart battery electric vehicle.
'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.
