Industry News

MARVEL R, SAIC's electric SUV with 5G connectivity, to be launched on Feb 7

MARVEL R has the necessary qualifications for commercial use of 5G technology and becomes a real 5G smart car that can be driven on the road.

Chinese ministry urges addressing shortened electric vehicle range in winter

China's Ministry of Industry and Information Technology (MIIT) has urged vehicle and battery manufacturers to research to improve the driving performance of electric vehicles in cold weather in order to improve user experience.

Chinese city Zhuhai reportedly invests $300 million in Faraday Future

Chinese state-owned capital from the city of Zhuhai has invested RMB 2 billion($300 million) in Faraday Future's (FF) latest funding round, Sina Tech reported Wednesday, adding that the investors could also bring policy support to the company.

Chinese e-bike maker soars 350 percent on NASDAQ debut

Chinese e-bike maker EZGO Technologies jumped 352.75 percent on its first day of trading on the NASDAQ on Tuesday, triggering three meltdowns.

Will OPPO be next tech giant to enter car-making industry?

OPPO has applied for car-related patents including "collision avoidance alert", "vehicle control", "vehicle positioning" and "distance measurement method", indicating that it may also be entering the car sector.

WM Motor's W6 to start pre-sale in March

WM Motor, Nio's local rival, will open the pre-sale of its recently announced mid-sized all-electric SUV WM W6 in March 2021.

Faraday Future said to file for US listing in two weeks at earliest

Geely Holding plans to invest $30-40 million in FF, to be announced next week at the earliest.

China's electric vehicles increase prices across the board, according to CCTV

Among them, two-wheeled vehicles, three-wheeled vehicles, and four-wheeled vehicles have all seen price increases ranging from a few dozen to a few hundred yuan, with four-wheeled vehicles' price increase being the largest.

New car with Huawei DriveONE electric drive system launched, boasting an NEDC range of over 1,000km

Chinese new energy vehicle brand SERES launched the SERES SF5 Free Expedition version at its launch event on January 25, which is said to be the world's first mass-produced electric vehicle with a range of more than 1,000 km using extended range technology.

GAC Nio CEO Liao Bing says he has formally resigned

Liao Bing, the CEO of GAC Nio, a joint venture between GAC Group and Nio, announced on Weibo today that he has officially resigned as CEO of GAC Nio and all executive positions in its subsidiaries and branches.
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