EV Industry

Holders of Didi's US shares will be able to swap their Hong Kong shares on a 1:1 basis, the Financial Times quoted a big Didi investor as saying.

Officials from China's NDRC recently surveyed the implementation of the Smart Vehicle Innovation and Development Strategy, an ambitious plan released two years ago.

Previously China provided subsidies for up to 2 million NEVs per year.

China's December new energy passenger vehicle sales set another record, with many consumers buying such models before subsidies are reduced.

For the full year 2021, Geely sold 1,328,029 all vehicles, just 87 percent of its target sales of 1.53 million vehicles.

From January-November 2021, China exported about 100,000 NEVs to Belgium.

Jidu says its first model is expected to be available in 2023 and will be an L4 self-driving capable robot car.

Standard Robots was founded in 2016 and focuses on autonomous mobile robot manufacturing and flexible logistics solutions.

Former Nio executive Zhang Yang has started as CEO of Aiways, and his experience at Nio is expected to help turn around the company's current weak performance.

For the full year 2021, WM Motor delivered 44,157 vehicles, close to the last three years combined.