Industry News
Chinese firm releases a car that costs more than Nio ES8, will the market buy it?
The HiPhi X, the first product of Shanghai-based Human Horizons' luxury smart electric car brand HiPhi, was recently launched, with a four-seat founder edition priced at RMB 800,000 ($117,800) and a six-seat founder edition priced at RMB 680,000, much higher than the RMB 468,000 price tag of the new Nio ES8.
Former Huawei VP and Niu founder chooses extended-range electric vehicle for his new venture
Li Yinan, founder and former CEO of Niu Technologies, a China-based, US-listed maker of electric scooters, has now quietly entered the new energy vehicle industry after being out of the public eye in China for a long time.
GAC New Energy unveils new drive unit that allows cars to accelerate from 0-100 km in less than 2 seconds
On September 26, GAC New Energy unveiled its dual motor two speed four in one integrated drive unit for the first time at the Beijing auto show, which allows the vehicle to accelerate from 0-100km in less than two seconds.
Will overseas markets become new battleground for Chinese electric car makers?
On September 24, the first orders for Xpeng Motors in Europe were ready for export, with 100 Xpeng G3i's awaiting shipment from the port of Xinsha, Guangzhou. The first delivery of Xpeng G3i to Norwegian owners is expected to be completed in November.
New vs used car - buying advice and tips
In an effort to help, this blog post is going to go over some buying advice and tips in the argument of whether you should go with a new car or a used car.
Another Chinese EV maker to follow Li Auto in launching extended-range model
After Li Auto, another Chinese new energy vehicle startup is testing the waters of extended-range electric vehicles.
Geely unveils SEA architecture for EVs and new concept car with range of over 700 km
Geely Automobile Group on September 23 announced the Sustainable Experience Architecture (SEA) for pure electric vehicles. At the same time, the Lynk&Co ZERO concept, the first all-electric luxury coupe based on this architecture, made its public debut, and it will go on sale in mass production in 2021.
Tesla opens Chengdu-Lhasa charging route, allowing Chinese car owners to drive into Lhasa
Tesla said today that it has officially opened the Chengdu-Lhasa charging route with the opening of Tesla charging stations along China's National Highway 318, a route of approximately 2011 kilometers with two Supercharger stations and 11 destination stations, one for every 154 kilometers.
Nio's local rival WM Motor reportedly closes 10 billion yuan new financing round
Chinese EV maker WM Motor has completed its 10 billion RMB Series D round of financing, which was co-led by Shanghai State-owned Assets Investment Platform and Shanghai Automotive Industry Corporation (SAIC), with Baidu and SIG participating in the round, according to 36kr.com.
Why did GAC Nio set up a $1 billion fund?
About a month after announcing that it would focus on the "AI OS + eco-services" model instead of making money from selling cars, GAC Nio's brand new business model has seen new progress.