Industry News

Ford's electric Mustang Mach-E engineering test vehicle rolls off assembly line at China plant

The car's rollout at the factory means it will soon begin mass production and go on sale, competing with the Tesla Model Y and Nio ES6.

Geely announces new firm to focus on forward-looking EV technologies

Geely plans to inject RMB 2 billion ($307 million) into the new company, with Geely Auto holding 51% and Geely Holding Group holding 49%.

ID.4 CROZZ, a major player in China's EV market from Volkswagen, begins deliveries

The ID.4 CROZZ is based on VW's MEB platform and is considered the first truly market-competitive all-electric vehicle for a joint venture brand in China.

SAIC R brand announces LiDAR-equipped electric SUV concept

SAIC's R brand unveiled its LiDAR-equipped electric SUV concept and corresponding technology brand, RTECH, on March 18.

Former Uber China exec joins Baidu's car-making arm

Luo was the general manager of Uber China's southern region and was responsible for building Uber's Chinese business.

Geely, South Korea's SK Group to establish $300 million auto investment fund

SK Group, the third-largest South Korean consortium, said in a statement that the fund will invest in promising companies in areas including self-driving technology, new energy vehicles, and car networking.

Hongqi expected to unveil hybrid supercar priced over $1.5 million in April

Since its founding in 1958, Hongqi cars have long been used as parade cars for major celebrations in China and are one of China's premium automotive brands.

Geely reportedly to build new plant in Guangzhou

Whether Geely's construction of a new plant in Guangzhou is related to its high-end smart electric vehicle project is unknown for now, but the series of signs suggests that Geely is clearly picking up the pace in the smart new energy vehicle sector.

Despite not having delivered a single vehicle, Evergrande Auto has become China's third largest publicly traded car firm behind BYD and Nio

The investor frenzy over China's new energy vehicle industry is far from over, and Evergrande Auto is a good example.

Faraday Future appoints China region CEO, paving way for FF 91 to arrive in China

FF said it is moving full steam ahead with preparations for the landing of its China business and delivery of the FF 91.
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