Industry News

China's state media says smart EV industry seeing explosive growth

The People's Daily said that at this year's Shanghai auto show, for the first time, smart electric cars are no longer just a concept, but perceptible mass-produced products.

Polestar to use blockchain technology to trace origin of raw materials

Polestar entered into a strategic partnership with blockchain technology company Circulor on May 11, aiming to use blockchain technology to trace the origin of raw materials.

China's new energy passenger vehicle sales stand at 163,000 units in April,down 12% from March

Wholesale sales of new energy passenger vehicles stood at 184,000 units in April, down 8.7 percent from March and up 214.2 percent year-on-year.

Chinese EV model priced at up to $124,500 starts deliveries

The HiPhi X starting at RMB 570,000 for the six-seat version and up to RMB 800,000 ($124,500) for the four-seat version.

Pony.ai launches all-in-one autonomous driving system with Luminar LiDAR

This is Luminar's first strategic partnership with an autonomous driving company in China.

Geely sells 3,787 NEVs in April, down 33% from March

Geely's sales of all cars in April were 100,331 units, down 5 percent from a year ago and up 0.3 percent from March.

JD.com, Enovate Motors sign deal to jointly build customized vehicles

With the rapid development of China's new energy vehicle market, none of the tech giants seems to want to lag behind, with the e-commerce platform JD.com becoming the latest.

Baidu Apollo names new exec to accelerate commercialization of driverless cabs

Starting May 2, Apollo driverless Robotaxi officially opened for regular commercial operation, and the public can begin experiencing the world's first fully driverless cab service.

China's April auto sales forecast at 2.17 million units, down 13.9% from March

In April, China's auto industry sales were forecast at 2.173 million units, down 13.9 percent from March and up 5 percent from a year earlier, the China Association of Automobile Manufacturers said.

Ford China's Mustang Mach-E project leader has reportedly offered to leave, may join Xiaomi

There have been rumors that Zhu Jiang, the head of Ford China's Mustang Mach-E program and a former Nio vice president, may leave the company, and now the news seems closer to confirmation.
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