Industry News

Sales of NEVs and hybrids in China expected to grow over 15 times by 2035, report says

Wood Mackenzie expects new energy vehicles and hybrids to dominate new car sales in China through 2035.

Xiaomi's Lei Jun, Nio's William Li, Xpeng's He Xiaopeng show up at rare gathering

Given that Xiaomi just announced its entry into the car-making industry three days ago, this gathering of the leaders of China's most prominent new energy vehicle companies has quickly generated widespread interest among Chinese Internet users.

Chinese firm's next-gen power battery seeks to challenge energy density bottleneck

Farasis Energy said it has developed and validated a next-generation electric vehicle battery with an energy density of 330Wh/kg, marking a challenge to the industry's widely held belief that lithium batteries have an energy density bottleneck upper limit of 350Wh/kg.

Beijing's new rules prohibiting fuel vehicles from occupying charging spaces take effect April 1

Self-service charging stations should use technologies that include intelligent, integrated charging and parking to address the problem of non-charging vehicles and completed charging vehicles occupying charging spaces.

Bitauto, founded by Nio's William Li, says it's going to start building cars, is this April Fool's stunt?

Bitauto, founded by William Li of Nio, said on Thursday that it will build a data-driven intelligent new energy car, and the new car launch will be broadcast live at 19:30 Beijing time on Thursday.

Chinese car makers cut production by 5% to 8% in Jan-Feb due to chip shortages

Chinese vehicle manufacturers cut production by 5 to 8 percent in the first two months of the year due to chip shortages, a Chinese official said recently.

Huawei says it has built over 30 smart car parts

Huawei has built more than 30 intelligent car components that will soon be available, the company said in its annual report released on March 31.

Xiaomi poaching talent for EV unit, once contacted a former Nio exec

A previously departed Nio executive said he was approached by the Xiaomi team after the Chinese Lunar New Year this year to talk about building cars and asked for recommendations.

Geely, Baidu-backed firm to launch 7nm auto chips next year

Siengine Technology, a joint venture between ECARX and ARM China, will start supplying new chip products by the end of next year or early 2023, with TSMC in charge of chip manufacturing.

Chip shortage has led to 1.157 million vehicle production cuts worldwide

The global auto production cut is expected to be more than 2 million vehicles in 2021.
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