EV Industry

Haier's plans to build cars are now in the planning stages, and it will adopt a contract manufacturing model, according to local media.

Jidu will soon announce a limited version of its first production robot car, which will be available for pre-order and is expected to be delivered in the second half of 2023.

The financing would be the latest round for Jidu since late January and could mark the introduction of additional backers besides Baidu and Geely, a Bloomberg report said.

The price of the Smart #1 will be raised by RMB 5,800 ($860) for its highest-priced version before deliveries in China begin in September.

By comparison, the US and Europe contributed 11 percent and 26 percent of global new energy vehicle sales, respectively, in the first half of the year.

China's policy of exempting NEVs from purchase taxes has been extended several times over the years.

Nio ES8 ranked No. 1 in the luxury pure electric market, Li ONE ranked No. 1 in the mainstream plug-in hybrid market, and Xpeng P7 ranked No. 1 in the mid-size pure electric sedan market.

Shanghai is accelerating the full electrification of public sector vehicles and encouraging the private sector to buy electric passenger cars, according to a carbon peak implementation plan.

Lenovo CEO had said that the company will not build cars, but will put limited resources and efforts on the already clear track, which is the intelligent transformation.

CIX Technology, a startup building computer CPUs based on the ARM architecture, has become the first Chinese company to join the Windows on Arm Group.