EV Industry

A government document has issued measures to address issues that many EV users are currently complaining about, including a focus on "zombie charging piles".

The Black Cat and White Cat models are causing Ora huge losses, with the Black Cat losing more than 10,000 yuan ($1,580) for each unit sold.

The model is aimed at the mobility market and was jointly developed by Livan and Geely's ride-hailing subsidiary Cao Cao Mobility.

Jidu and ZF have signed a strategic agreement to jointly develop smart chassis, which is seen as the hardware foundation for advanced autonomous driving technology.

Lotus is considering taking its lifestyle business public within two years to help fund a major international expansion and investment in electric vehicles, the Financial Times reported.

January sales of pure electric passenger cars were 335,000 units, up 127.3 percent year-on-year, while sales of plug-in hybrids were 85,000 units, up 198.3 percent year-on-year.

The project will have an annual production capacity of 60 million sets and an estimated annual output of RMB 40 billion.

Binli, founded by former Volkswagen China executive vice president Weiming Soh, recently received a strategic investment from Wuhan-based Changjiang Capital, according to local media.

Reduced purchase subsidies for NEVs in China and a shortage of parts supply are putting more pressure on lower-priced models.

This was down 18.5 percent from December, which the CPCA said was consistent with the characteristics of the same month last year.