Industry News
China's 2021 new energy vehicle subsidies to fall by 20 percent
China's new energy vehicle subsidies in 2021 will be backed down by 20% compared to 2020, four ministries, including China's Ministry of Finance, said in a document released today.
GAC Nio apologizes for Bitcoin statement
Hours after releasing a statement Thursday afternoon Beijing time that it will be the first car company in China to accept Bitcoin payments, GAC Nio has apologized for it.
GAC Nio says it becomes first automaker in China to accept payments in Bitcoin, then deletes post
GAC Nioannounced on Weibo today that it will accept Bitcoin payments for car purchases, the first of its kind in China.
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.