Industry News
FAW-Volkswagen reportedly plans to cut production by 30% in Q2 as chip shortage affects 29 models
FAW-Volkswagen had planned to produce about 610,000 vehicles in the second quarter of this year, but due to chip shortages, it is expected to produce only 400,000 vehicles, a cut of about 30 percent, yicai.com reported Monday.
Changan's premium EV brand's first model will be midsize SUV with Huawei Inside
Changan said that it plans to launch five models based on the CHN architecture over the next five years, the first of which, codenamed E11, will feature the Huawei Inside smart car solution.
Aiways launches new company in Shanghai with $233 million registered capital
Aiways currently offers models including the U5, U6 and U7 ion, with the U6 featuring a high energy density CTP battery with a range of 650km.
Chinese EV startup Aiways starts trial operation of its first swap station for cab market
Aiways announced Friday that its first battery swap station and Aiways U5 battery swap-enabled model are in trial operation.
Geely steps up its presence in auto chips with new joint venture through subsidiary
The global chip shortage has opened up opportunities for Chinese companies, as more and more local companies are stepping up their chip investments.
GAC Aion's pinprick test results show high safety of its batteries
GAC Aion became the second new energy vehicle brand after BYD to let lithium iron phosphate batteries pass the pinprick test without catching fire.
BP says its joint venture with DiDi has achieved carbon neutrality in its charging business
BP's announcement comes just a day after another oil giant, Sinopec Group, announced the completion of China's first "carbon-neutral" gas station.
Analyst upgrades Changan rating after joint venture's new name drops 'Nio'
Changan, which trades in Shenzhen, is up more than 40 percent so far this month.
Baidu Apollo, Hesai Photonics Technology collaborate on custom LiDAR
Baidu Apollo and Hesai Photonics Technology signed a strategic cooperation deal, under which the latter will customize LiDAR for Apollo's fifth-generation sharing Robotaxi.
Legacy automaker Changan's chairman says 90% of new car makers will perish
In the future, 80 percent of local brands and 90 percent of new car makers in China will die, said Zhu Huarong, chairman of legacy carmaker Changan Automobile.
