Industry News
Brand that showcased Huawei's self-driving capabilities sees its first Supercharger station go into operation
Arcfox, the BAIC-owned EV brand that recently showcased Huawei's amazing autonomous driving capabilities, saw its first exclusive Supercharger station go into operation in Beijing.
Jidu Auto, Baidu's car-making arm, plans to invest about $8 billion in smart cars over next five years
Jidu Auto CEO Xia Yiping said the company's products are planned in "series" with a new car launched every 1-1.5 years. "Based on such a speed and investment, it is expected to invest 50 billion yuan in the next five years."
China's hydrogen fuel cell vehicle ownership exceeds 7,000
The cumulative number of hydrogen fuel cell vehicles in China has exceeded 7,000, Chinese official media the People's Daily said on April 21.
Niu Technologies founder reportedly jumps on carmaking bandwagon
Li Yinan is building a car, but just hasn't declared it because he's keeping a low profile, the report said.
CICC says more phone makers joining auto chain is irreversible trend
In today's China, whether to jump on the car-making bandwagon seems to be a choice every powerful tech company has to make.
SAIC-GM-Wuling to be first car company to use DJI's smart driving solution
SAIC-GM-Wuling announced on April 19 that Chinese drone company DJI's smart driving solutions will be used in BAOJUN models, which will start mass production within the year.
Great Wall Motor's EV brand Ora unveils Lightning Cat for about $30,000
Ora, Great Wall Motor's EV brand, unveiled the Lightning Cat, a supercar priced under RMB 200,000 ($30,783), on April 19.
China's best-selling EV appears to have a strong competitor
Its pre-sale price starts at RMB 29,800 ($4,588), not far off the Wuling Hongguang Mini EV's starting price of RMB 28,800.
GAC plans to have 20% of car sales be new energy vehicles by 2025
GAC also plans to make its own brand of new energy vehicles account for more than 36 percent of all sales and hybrid vehicles account for more than 15 percent by 2025.
IM Motors names first offerings of its L7 model 'Angel Investment Edition,' priced at about $62,800
IM Motors, a SAIC-Alibaba partnership, has announced the first offerings of its L7, the "Angel Investment Edition," and a pre-sale price of RMB 408,800 ($62,821).