Industry News
Baidu-backed Jiyue names 2nd model Jiyue 07, releases official images
The Jiyue 07 is another 7-series model for the Chinese EV market. Jiyue just launched its first model, the Jiyue 01, on October 27.
Changan, Ganfeng plan to set up JV to develop solid-state batteries
Changan and Ganfeng will set up a joint venture based on equal shareholding to accelerate solid-state battery development and manufacturing.
Arcfox, Deepal get permit to test vehicles with L3 autonomous driving systems in China
Automakers including BMW, Mercedes-Benz, and IM Motors have announced that they are authorized to conduct L3 autonomous driving tests after China announced new regulations last month.
CPCA expects China's NEV retail sales at 940,000 in Dec, up 11.8% from Nov
China's NEV penetration at retail is expected to be around 41.4 percent in December, up from 40.4 percent in November.
Toyota recalls 25,815 bZ3 EVs in China due to inaccurate remaining power estimate
Some vehicles' dashboards may show a higher remaining battery charge than actual, and in extreme cases, the vehicle can lose power before the charging warning light comes on.
Chery's Exeed brand launches 1st electric sedan with CLTC range of up to 905 km
The Exeed Sterra ES is set to intensify competition in China's electric sedan sector and could also put Xiaomi, which is about to launch its first model, under more pressure.
China NEV retail sales at 365,000 in Dec 1-17, up 4% from same period last month
China's retail penetration of NEVs was 38.7 percent in the December 1-17 period, and 35.3 percent year-to-date.
IM Motors gets permit to test L3 self-driving vehicles in Shanghai
IM Motors is applying to the Chinese industry regulator for L3 product entry, with its models expected to be among the first to begin L3 self-driving pilots.
Mercedes-Benz gets L3 self-driving test permit in Beijing
Last week BMW said it was licensed to test vehicles with L3 self-driving features in Shanghai.
Changan's EV unit Avatr plans to list in HK in 2025, report says
Avatr closed a RMB 3 billion Series B financing round in August, bringing its post-investment valuation to nearly RMB 20 billion.