Industry News

China gives battery swap new policy boost, with more pilot projects expected in H2

China will start a nationwide pilot program for the application of the battery swap model in the second half of the year, with cities being asked to complete work plans by the end of May.

Chinese home appliance giant Midea unveils multiple core components for EVs

Unlike technology companies including Xiaomi, Baidu and Qihoo 360, Midea particularly emphasized that it is not directly involved in building cars, but focuses on providing components for car companies.

CICC: Software profits, service revenues to become new valuation anchors for auto industry

CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to move to a "channel fee" profit model.

Changan's premium brand with Huawei, CATL said to be unveiled this month

Chongqing-based Changan Automobile, in partnership with Huawei and CATL, will launch its premium new energy brand as soon as this month, yicai.com reported Wednesday.

Shanghai's NEV sales surged 3.5 times in past six months

A new traffic rule announced six months ago has boosted new energy vehicle (NEV) sales in Shanghai significantly.

Lifan, once on verge of bankruptcy, sees first battery swap-enabled MPV roll off line

Now the company has been reborn after a restructuring and has announced the launch of its first battery swap-enabled mass-produced model.

Sinopec builds China's first 'carbon-neutral' gas station

Chinese oil giant Sinopec Group has completed China's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon emissions.

GAC Aion, Tsinghua University sign deal to jointly study battery safety

Early last month, GAC unveiled its latest battery technology at its Tech Day event, allowing for an energy density of over 280Wh/Kg and a range of over 1,000km.

GAC Aion, Didi sign deal to jointly build driverless model

The two will work together to develop a new driverless new energy model that can be put into scale application from the basic dimensions of wire-controlled chassis, autonomous driving sensors, and system integration.

Chinese home appliance giant Midea to unveil NEV products on May 18

The electric vehicle sector in China is no doubt getting more interesting by the day.
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