Industry News
Xpeng-backed LiDAR maker Zvision closes Series C funding round
Zvision closes tens of millions of dollars in Series C funding, raising nearly $100 million this year.
Mercedes-Benz slashes EQ series prices in China by up to $33,740
Despite the steep price cuts, industry watchers remain pessimistic about the performance of the Mercedes-Benz EQ series in China.
Oct sales of major EV makers: Deliveries vs insurance registrations
Nio vehicles had 9,806 insurance registrations and 10,059 deliveries in October.
BMW to invest $1.4 billion to expand its power battery base in Shenyang
The project is another major investment by BMW Brilliance after the total investment of RMB 15 billion in the Lydia plant.
Jinko Solar says over 50% of its electricity comes from clean energy at 14 sites worldwide
Jinko Solar has achieved 100 percent green power in production at three of its sites.
2022 Beijing auto show officially canceled
The 2022 Beijing auto show was scheduled to take place from April 21 to April 30, but was postponed in early April.
China NEV sales reach record 714,000 units in Oct, CAAM data show
China's auto industry is currently maintaining momentum in production and wholesale sales, but growth in the consumer market has been slightly sluggish, the CAAM said.
Geely's Radar brand officially launches RD6 electric pickup truck
The RD6 starts at about $24,700, and Radar says the model will disrupt traditional pickup scenarios.
Audi's 1st charging stations in China to come online within this year
The first Audi charging stations in Beijing, Shanghai, Guangzhou and Shenzhen will soon be in operation.
CITIC Securities expects China to sell 9 million NEVs next year, sees limited impact of subsidy withdrawal
For most of the best-selling electric vehicle models, the amount of subsidies as a percentage of the selling price is only 4-11 percent this year, CITIC Securities said.