Industry News
Shanghai gives local EV industry another policy push, lists goals for next five years
Shanghai, the city where Tesla's Gigafactory in China is located, is further increasing its support for new energy vehicles.
China's Hainan province requires new and replacement govt cars and buses can only be NEVs
China's southernmost province of Hainan requires that new and replacement official cars and buses can only be new energy vehicles and proposes to add 25,000 new energy vehicles in the province in 2021.
Nio Capital invests in firm that provides self-driving solutions for mining vehicles
Nio Capital is a private equity investment institution with RMB 10 billion funds under management.
Tesla's US rival Lucid Motors says exploring possibility of building plant in China
Tesla's biggest US rival, Lucid Motors, said it is now considering the possibility of building a factory in China, the Shenzhen-based Securities Times reported Wednesday.
China's power battery output up 317.2% year on year in January
China's power battery production in January 2021 totaled 12.0GWh, up 317.2% year-on-year and down 20.4% from the previous month, according to a latest report.
Huawei's new patent allows two EVs to charge each other
Huawei disclosed a patent for "electric vehicles and methods for charging between electric vehicles" on February 23, according to data provider Qichacha.
EV sales in China to grow by over 50% in 2021, says Canalys
A total of 1.9 million electric vehicles will be sold in China in 2021, an increase of 51 percent, accounting for 9 percent of total vehicle sales in China, data analysis firm Canalys said in a report published on February 22.
SAIC to hold developer conference in April, aims to build software ecosystem for cars
Chinese auto company SAIC announced on February 22 that it will hold a developer conference in April to invite car users and developers to build a smart car ecosystem on the SOA platform.
Xiaomi has over 800 auto patent applications
Rumors about Chinese smartphone giant Xiaomi's decision to build cars have attracted widespread attention recently. And in fact, Xiaomi already has a large number of car-related patents.
After Great Wall Motor, SAIC reportedly invests in auto chip firm Horizon Robotics
After Great Wall Motor, another local Chinese automotive giant SAIC Group has recently finalized a strategic partnership agreement with smart chip company Horizon Robotics.
