Industry News
Honda to form new JV in China for more efficient battery supply from CATL
The new joint venture will handle battery procurement for Honda's two joint ventures in China, instead of the two companies buying batteries from CATL separately as they did before.
Jidu to unveil limited edition of its first model in Oct
Jidu plans to launch a limited edition of its first model in partnership with the Chinese Lunar Exploration Program, with a limited number of 1,000 units and exclusive rights for owners.
China’s 25% NEV penetration target could be reached three years earlier than planned
China's goal is to have 25 percent penetration of NEVs by 2025, but it now appears that target could be reached this year, according to a top government official.
China’s Aug wholesale sales of passenger NEVs expected to be record 625,000, CPCA estimates show
Despite China's policy of halving purchase taxes on mainstream ICEvehicles, the momentum driving growth in the NEV market is strong, the CPCA said.
China FAW said to use self-driving chips from local maker Cambricon
Cambricon's first self-driving chip has been taped out and is expected to be in mass production later this year, according to local media.
Voyah sells 2,429 vehicles in Aug, up 35% from July
The average selling price for the Voyah brand has exceeded RMB 370,000 ($53,630).
Ford offers Mustang Mach-E owners free Qualcomm 8155 chip upgrades in China, but there’s a catch
Owners need to refer at least 5 friends to sign up as members on the Ford Mustang Mach-E app and refer 1 friend to complete their first test drive.
Sinopec builds supercharging station capable of charging 24 EVs simultaneously
When the second phase of the site is completed, the number of charging spaces will be doubled to 48, and there will be a battery swap station.
Hongguang Mini EV convertible version to go on sale in China on Sept 1
The model comes in blue, green and black and the first open sales will be on a first-come, first-served basis.
Chengdu auto show ends early due to local Covid controls
The Chengdu auto show, scheduled to last 10 days, has been halted after four days due to local Covid control policies.
