Industry News

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China's economic planner issues draft guidance to promote charging, battery swap infrastructure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

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.
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