Industry News

Audi to stop making fuel cars by 2033, but not in China

Audi believes there is still demand for fuel vehicles in China, and it is possible that Audi will use locally produced fuel models to supply the local market after 2033.

Global NEV sales expected to grow 49% to 4.35 million units this year

The CPCA forecast that China's new energy passenger car sales will reach 2.4 million units this year.

Xpeng design director reportedly joins Pony.ai for vehicle design

Pony.ai has reportedly jumped on the car-building bandwagon, and the design director of Xpeng Motors appears to be the first major executive it has poached.

Global EV sales to overtake fuel vehicles by 2033, says Ernst & Young

The global dominance of electric vehicles will arrive in 2033, five years earlier than previously expected, according to a new study by Ernst & Young.

Analyst says China's new energy vehicle penetration set to exceed expectations

New energy vehicles have been one of the most discussed topics in China over the past year, and in the view of analysts, their replacement of traditional fuel vehicles is proceeding at a high rate.

Hongqi S9, which accelerates from 0-100 km in 1.9 seconds, starts pre-sale

Its performance is more powerful than Tesla's Model S Plaid, which has just begun deliveries, with a 0-100km/h acceleration time of 2.1 seconds and a top speed of 322km/h.

Great Wall Motor's premium EV brand Saloon reportedly moving from Shanghai to Beijing

Saloon is relocating its team from Shanghai to Beijing to shorten the distance between the team and Baoding, where Great Wall Motor is headquartered.

China's major new car makers' Jan-May deliveries already close to full year 2020

After shaking off the effects of last year's Covid-19, deliveries by China's major new car makers have all come to normal levels, putting them close to last year's full-year deliveries for the first five months.

China auto industry expects chip shortage to ease in H2, CICC says

CICC is bullish on the whole industry chain boom and recommends focusing on Nio and Li Auto.

TSMC said to prioritize auto chips, Apple orders

TSMC will prioritize its capacity allocation to automotive chips and Apple orders for the third quarter of this year, followed by chip orders for personal computers, servers, and networking equipment, DigiTimes said.
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