Industry News
China's top real estate developer aims to produce 5 million cars a year by 2035
Evergrande NewEnergy is developing 14 models, and has set up 10 intelligent manufacturing bases around the world.
Analysts comment on China's new-energy vehicle sales in November: Growth has been like fire
Sales of Xpeng, Li Auto, BYD Han, and Great Wall Motor's Ora EV increased 39%, 26%, 34%, and 43%, respectively, compared with October, and Nio's performance in November was relatively stable.
CAAM says chip shortages real, but not that serious
The CAAM believes that due to the shortage of chip supply, the production of some companies may be greatly affected in the first quarter of next year.
WM Motor's third smart electric SUV unveiled with L4 autopilot for specific scenarios
WM Motor's third all-new intelligent electric SUV was unveiled at Baidu's Apollo 2020 eco-conference on December 8.
Memory module maker Adata launches its first electric tricycle with range of 100 km
The tricycle can reach speeds of up to 80 kilometers per hour and has a range of 100 kilometers on a full charge.
Geely's Nov vehicle sales up 5% year-on-year, Lynk & Co vehicle sales up 61% to all-time high
Chinese automaker Geely said today that it's total vehicle sales in November 2020 we're 150,500 units, an increase of about 5 percent over the same period last year and about 7 percent over the previous month.
Chinese version of 'Rolls-Royce' Hongqi launches all-electric SUV, prices start at about $78k
The new car is equipped with an L3 autopilot system and steering system, supports L4 automatic parking, and is equipped with facial recognition technology.
China's best-selling EV annual sales expected to exceed 100,000 units
The Hongguang MINI EV, a pure electric vehicle of SAIC-GM-Wuling, was only launched in July this year.
Alibaba-backed AutoX becomes China's first to begin testing RoboTaxi without security officer
Alibaba-backed AutoX officially unveiled its RoboTaxis on December 3, the first Chinese company to begin such testing with no safety officer in the car and no remote control.
IDC expects China to sell 1.16 million new energy vehicles in 2020
China's new energy vehicle market is poised for strong growth over the next five years, with a compound annual growth rate (CAGR) of 36.1 percent from 2020 to 2025, driven by a number of factors including policy drivers, according to market research firm IDC.