Industry News

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.

China's vehicle sales in December expected to grow 7.9 percent year-on-year

The recent automotive chip supply shortage has brought less impact on sales, and the impact on the production side is not expected to be transmitted to the sales side in a short time.

Rolls-Royce responds to Pinduoduo merchant's subsidy of RMB 1.22 million to sell its cars

Rolls-Royce said it had noticed the news and that the act was the personal behavior of Pinduoduo platform and the merchant, not related to the Rolls-Royce car brand.

IM Motors, SAIC's high-end EV brand, to begin accepting pre-orders next year with world's first 11kW wireless charging technology

IM Motors' 115kWh capacity battery pack has the world's highest energy density, exceeding current industry leaders by 30-40 percent.

Changan plans to launch 25 smart new energy vehicles by 2025

Changan Automobile will follow the guidelines of the Shangri-La Project and plans to launch a total of 25 smart new energy vehicles by 2025, the company said today during an exchange with investors.

Pinduoduo merchant sells Rolls-Royce with a discount of RMB 1.22 million

So far, more than 100,000 users have expressed their "desire to buy" the car.

GAC's graphene battery, with charging speed comparable to refueling, to be tested at year-end

It can achieve a charging speed comparable to refueling, with an 8-minute 80% charge and a 10-minute charge to achieve a range of 200-300 kilometers.

China's new energy vehicle sales expected to grow 40% to 1.8 million units next year

The subsidy policy for new energy vehicles in China will be completely withdrawn in 2-3 years.
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