Industry News

Geely sells 5,657 NEVs in March, up 123% from February

Geely's sales of all vehicles reached 100,029 units in March, up about 37 percent from a year ago and about 30 percent from February.

Auto expert now expects chip shortages to take nine months to a year to ease

From traditional car companies like Volkswagen to emerging car companies like Nio, all are facing the impact of chip shortages this year. Now it seems that the supply and demand imbalance may last longer than originally expected.

SAIC reportedly cutting production by 200,000 vehicles due to chip shortage

The figure is equivalent to 3.6 percent of the company's sales of 5.6 million vehicles last year and 3.2 percent of this year's sales target of 6.17 million vehicles.

Analysts say China's smart car industry's 'Warring States Era' has just begun

With the addition of technology companies, the "Warring States Era" of China's industry has begun, the analysts said.

Another Chinese tech giant gets in! Didi has reportedly launched car-building project

For Chinese tech giants, there seems to be no one who doesn't want to enter the car-building arena, lured by the huge popularity of car-making newcomers, including Nio.

China registers 9.66 million new motor vehicles in Q1, record high for the same period

As of March 2021, China had 378 million motor vehicles, including 287 million cars.

If you think Nio is good at user operations, then take a look at its Chinese peer

IM Motors Tuesday unveiled details of its user operation program, which combines initial coin offering (ICO), cryptocurrency mining, and user relationship maintenance.

Dongfeng Motor's first model with battery swap support expected to go into mass production in June

Dongfeng Motor recently said that its first battery swappable model, the Aeolus E70, will go into mass production in June.

Chinese weblebrity builds electric car that looks like spaceship and can go sideways with his bare hands

Geng has been bringing joy to his fans with his useless inventions. His own story is also a story of a poor man's comeback.

Hongguang Mini EV Macaron, the upgraded version of China's hottest-selling EV, boasts an average of one vehicle off production line every 2 minutes

In January, 36,762 units of the Hongguang Mini EV were sold, making it the world's top monthly electric vehicle seller.
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