Industry News

Driverless technology expected to save Didi 100 billion yuan a year in driver costs

5G will bring important changes to travel, and Didi Chuxing could save more than 100 billion yuan a year with automated driving, according to Yang Minghui, President of CITIC Securities, China’s biggest broker. 

China's biggest property developer launches six cars

China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, today unveiled its first batch of six vehicles in Shanghai and Guangzhou at the same time.

Chinese auto maker GAC says its technology allows EVs to exceed 1,000 km range

Chinese automobile maker GAC Group said today it has achieved an energy density of 275 watt-hours per kilogram of square hard-shell cells using a new silicon anode material technology, enabling electric vehicles equipped with such batteries to have a range of more than 1,000 kilometers.

China's biggest property developer is getting serious about making new energy cars

Evergrande Health announced today that it intends to change the company's name to "China Evergrande NewEnergy Vehicle Group Limited" in light of the fact that new energy vehicles have become the group's most important business.

Nio's local rival WM Motor is said to consider Shanghai IPO

Chinese EV maker WM Motor is considering an IPO at Shagnhai's Star Market as soon as this year, aiming for a post-IPO valuation of more than $4.3 billion, according to Bloomberg.

China has 558,000 public charging stations, most in the world

By the end of June 2020, China had a total of 558,000 public charging stations, ranking first in the world, according to data released today by the National Energy Administration.

China's saw 20,000 new energy vehicle-related company registrations in Q2

Domestic and foreign car companies, including BYD, Volkswagen, Toyota and others, have been building new energy vehicle projects in China. So how many new energy car companies are there in China?

Here are the fallen Chinese auto startups

2014 is known as the first year of the birth of the new power to build cars, according to public statistics, the most new cars were registered during the period of new power to build cars More than 100, at the same time, related spare parts market has also sprung up.

China's connected car market will explode in 4-5 years, Deloitte says

China's connected car market is expected to explode in 4-5 years as Chinese willingness to pay for connected car features increases, Deloitte said in a report The middle claims.

China's ride-hailing giant Didi Chuxing tests driverless taxis in Shanghai

China's ride-hailing giant Didi Chuxing began piloting driverless taxis in Shanghai today, making such service available to the public for the first time.
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