EV Industry
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Chinese EV startup Niutron's first model launched with prices starting at $39,170
The Niutron NV is available in all-electric and extended-range versions, with deliveries set to begin in December.
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Deutsche Bank on China EV sales: Sept marks a transitional month
"Fab 5 China EV sales came in mixed during September as product transitions and the supply chain hurt delivery volume," Edison Yu's team said.
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Xiaomi-backed startup unveils electric sports car priced under $42,000
The electric sports car, called SC01, will be available for official orders starting in the third quarter of 2023, with deliveries beginning in the fourth quarter of next year.
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Central China's Henan aims to have charging stations in all highway service areas by year-end
Henan is the third largest province in China by population, with 98.83 million people at the end of 2021.
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China's retail sales of NEVs expected to be record 580,000 in Sept, CPCA estimates show
At retail, China's NEV penetration rate reached a record 29.7 percent in September.
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Evergrande starts mass production of Hengchi 5, pushing ahead with more models
Hengchi 6 will be mass-produced in the first half of next year and Hengchi 7 in the second half of next year, Evergrande NEV said.
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Under-the-radar startup quietly becomes one of the strongest players in China's self-driving space
Startup Haomo's self-driving technology has earned two Chinese models five-star safety ratings from Euro NCAP.
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China sees record NEV sales of 666,000 in Aug, CAAM data show
The penetration of NEVs in China reached a record 27.9 percent in August, up 3.4 percentage points from 24.5 percent in July.
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China's wholesale sales of passenger NEVs hit record 632,000 units in Aug, CPCA data show
In terms of wholesale sales, China's new energy passenger vehicle penetration rate reached a record 30.1 percent in August, the first time it exceeded 30 percent.
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Nio Capital leads latest funding round in US-based suspension startup ClearMotion
The financing will be used to support the 2024 debut of ClearMotion's fully active suspension CM1, which eliminates the sway in the car that disrupts the ride.
