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Analyst says China's new energy vehicle industry is like real estate on the eve of the 2000s price explosion

He believes that the industry is exploding, and investors who focus too much on short-term prices will lose long-term growth dividends.

CICC says 2021 will be first year of mass production of LiDAR in China

CICC believes that Huawei's LiDAR has excellent performance and will be equipped on models available in 2021, opening the first year of mass production.

World's first electric car with 5G capability faces chip shortage

There is currently a shortage of Huawei chips, and only 200 of the latest generation 5G vehicle modules (Baron 5000 chips) have all been provided to GAC AION.

GAC AION V, world's first car equipped with 5G chip, rolls off production line

The AION V has the world's first 5G and V2X in-vehicle intelligent communication system and is equipped with the world's first automotive-grade 5G module MH5000 - based on Huawei's new-generation Baron 5000 5G chip.

Citroën Ami, a small electric car with a range of 70km, appears in China

The car is designed for short-distance urban commuting or rental car use and is equipped with a 6kW motor and 5.5kWh battery pack, with a top speed of 45km/h and a maximum range of 70km.

WM Motor CEO says 2021 is the year of real explosion of new energy vehicles in China

Shen believes that new energy vehicles in 2021 will see substantial improvements in vehicle range, intelligent cockpits, software services, and OTA capabilities.

VOYAH unveils a Li ONE competitor with a range of up to 860 km

It's positioned as a medium to large-sized intelligent electric SUV, which will offer both pure electric and extended-range power options with a maximum range of 860 kilometers.

VW adjusts global production plans for Q1 due to semiconductor shortage

Automobile markets have now recovered significantly and the industry faces a shortage of the electronic components required.

GAC Group to provide RMB 15 million loan to GAC Nio

GAC Nio has lowered its sales target to 5,000 units this year, but even so, by the end of September this year, the cumulative sales of the HYCAN 007 were only 562 units.

Baidu allegedly may cooperate with WM Motor to build cars

Baidu may join forces with WM Motor to build a car and that the two sides are currently discussing possible models of cooperation.
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