Industry News
China Passenger Car Association expects auto chip shortage to ease gradually
The China Passenger Car Association (CPCA) said the shortage of automotive chips is due to a shortage of supply and a large increase in demand caused by the impact of the COVID-19 pandemic on the distributed global supply chain, and expects the problem to gradually ease.
SAIC's NEV sales reach 58,000 units in January, up 446.6 percent YoY
SAIC Motor said on February 8 that it became the top seller of new energy vehicles (NEV) in China in January with 58,000 energy vehicles sold in that month, up 446.6 percent year-on-year.
SAIC launches MARVEL R, first electric vehicle with 5G connectivity
The "R" brand, a high-end electric vehicle marque of SAIC, unveiled its 5G intelligent pure electric SUV MARVEL R on February 7, which is the world's first electric vehicle with 5G connectivity.
Chinese power battery maker Svolt Energy to mass produce first cobalt-free batteries
Svolt Energy, a battery maker owned by Chinese automaker Great Wall Motors, announced that the material of cobalt-free cathode, the core material required for cobalt-free batteries, began to be produced in volume at its Changzhou materials plant.
Hongguang Mini EV sells 36,762 units in January
China's most popular electric car, the Hongguang Mini EV, sold a whopping 36,762 units in January 2021, ranking monthly sales No. 1 in China for five consecutive months.
Ford terminates agreement to build new energy joint venture with Zotye
Ford China has terminated its agreement with Chinese automaker Zotye to build a new energy joint venture, as it cannot be continued after significant changes in China's pure electric vehicle industry and related policies.
ARK's Cathie Wood says Baidu to build China's most promising EV company
Nio is a company that is replacing charging with battery swap, and it could win the day, she said.
Huawei registers car-related trademarks
Chinese tech giant Huawei registered two driving-related trademarks - MATEDRIVE and MATEAUTO on January 28, both classified as scientific instruments and transportation tools, according to data provider Qichacha.
Evergrande starts winter testing of its vehicles in -35°C environment
Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, started winter testing of its first production vehicle, the Hengchi 1, in the cold environment of northern China's Inner Mongolia.
Former CEO of GAC Nio creates new NEV brand
Liao Bing, founder and former CEO of Chinese automaker GAC Nio, has launched a new new energy vehicle brand, "Ziyou Auto", which literally means "Free Auto".