EV Industry
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Local brands lead across the board in NEV consumer appeal in China
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.
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Shanghai aims to see over 50% of vehicle sales be purely electric by 2025
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.
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Lenovo hiring auto talents to build capabilities in smart cockpit, autonomous driving
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.
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Nio Capital's portfolio firm CIX Technology joins Linaro's Windows on Arm Group
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.
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Beijing to transform city's major gas stations into charging and battery swap stations
Beijing aims to have 700,000 charging piles and 310 battery swap stations by 2025 in the city.
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China's July retail sales of NEVs expected to be around 450,000 units, CPCA says
EV makers including Nio, Tesla and GAC Aion have further increased capacity and are expected to see increased production in the second half of the year, the CPCA said.
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Didi fined $1.2 billion as cybersecurity case comes to end
Didi had a total of 16 violations and also engaged in data processing activities that seriously affected China's national security, according to an announcement.
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NEVs account for 45.1% of new vehicles registered in Shanghai in H1
As a comparison, China's NEV penetration rate was 24 percent in the first half of the year.
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Sinopec's first swap station for heavy trucks goes into operation
Sinopec aims to reach 5,000 charging and battery swap stations by 2025.
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China's NEV industry currently immune to inflation, analysts say
High oil prices are helping NEVs replace ICE vehicles, and the latter have more raw material costs including copper and aluminum.









