Industry News

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.

Why do Chinese EV companies making Norway their first stop in overseas markets?

Norway, with a land area of less than 400,000 square kilometers, is becoming a new battleground for Chinese EV companies.

China's economic planner issues draft guidance to promote charging, battery swap infrastructure

China continues to provide policy support for the new energy vehicle industry, as a new document aimed at boosting the construction of charging and battery swap infrastructure was drafted.
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