EV Industry

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CnEVPost is closely following the EV industry in China, and here you can see what's happening in the industry on a daily basis.
  • Faraday Future to source LiDARs from Nio supplier Innovusion

    Faraday Future has selected Nio supplier Innovusion's Falcon LiDAR to power the FF 91's autonomous driving system.

  • Chinese EV startup Niutron to refund all consumers in major setback to its car-making efforts

    Niutron's first model, the Niutron NV, went on sale only on October 8 and had received 24,376 orders.

  • WM Motor plans backdoor listing in HK to solve financial woes, report says

    WM Motor plans a backdoor listing through a reverse takeover of Apollo Future Mobility Group, which is already listed in Hong Kong, according to local media.

  • China's Nov wholesale sales of passenger NEVs hit record 732,000, CPCA estimates show

    Demand in China's NEV market has held steady amid high international oil prices, the CPCA said.

  • Evergrande NEV reportedly halts mass production of its only model due to lack of orders

    Evergrande NEV has suspended mass production of its sole model, the Hengchi 5, due to a lack of sufficient new orders, according to Reuters.

  • Evergrande's EV brand Hengchi begins layoffs and salary cuts to cope with financial difficulties

    Hengchi's previous staffing structure was based on the company's need to develop nine models simultaneously, according to local media.

  • Thai EV firm reportedly plans to buy 150,000 EVs from Chinese startup Aiways

    This is the biggest partnership so far reached by a new Chinese car maker overseas, local media said.

  • Chinese auto chip maker SemiDrive closes $140 million Series B+ financing

    SemiDrive currently has four series of products with an annual output of one million chips.

  • China Nov retail sales of NEVs expected to be 600,000 units, CPCA says

    In terms of retail sales, the penetration rate of NEVs in China is expected to be about 32.3 percent in November. This is a new historical record.

  • Financially troubled WM Motor sees about half of its Shanghai stores close, report says

    The number of WM Motor stores in Shanghai has been reduced from about 20 to about 12, and most of the stores in the city's shopping malls have closed, according to local media.