EV Industry
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Defunct Rise Education reborn as EV charging company
Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of NewLink, another Bain-backed Chinese company.
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Further Reading: How does Shanghai's auto market fare after life returns to normal from Covid?
Nio's ET7 seems to be continuing to draw Shanghai customers to its stores, while WM Motor, Volkswagen, Toyota, GM, and GAC Aion are seeing fewer visitors in their stores.
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China's NEV sales up 49.6% in May from April, CAAM data show
China's auto industry as a whole still reported lower sales in May compared to a year ago, despite an improvement from April.
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China's wholesale sales of passenger NEVs up 49.8% in May from April, CPCA data show
China's NEV industry has been hit by the current epidemic, but the year-on-year improvement has exceeded expectations, the CPCA said.
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Jidu's first production vehicle will be SUV to compete with Tesla Model Y
Jidu's first production model is positioned as a mid-size SUV that will be a generation ahead of Tesla in terms of intelligence, according to its CEO.
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Jidu unveils ROBO-01, a robot car concept with futuristic design
Jidu unveiled the ROBO-01 in Baidu's metauniverse platform XiRang, featuring ultra-high specs and a futuristic design.
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Lynk & Co unveils Lynk E-Motive hybrid technology and The Next Day concept car
Lynk & Co plans to launch four hybrid models this year and three more within two years.
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Qiantu's two-seat compact car, K20, starts pre-sale with prices starting at around $13,070
The Qiantu K20 can accelerate from 0 to 100 kilometers per hour in as little as 4.7 seconds and offers frameless doors and a variety of color options to appeal to younger consumers.
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Chinese heavy truck maker with over 70 years of history ditches ICEs for NEVs
Although not many people in China know about Changzheng Auto, it is the second company after BYD to officially announce a full shift to NEVs.
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China to end probe of Didi, report says
Chinese regulators plan to allow Didi, Kanzhun, Full Truck Alliance's mobile apps back into the domestic app stores, which could happen as early as this week, according to the Wall Street Journal.









