Industry News
Jidu aims to be capable of delivering 800,000 robot cars by 2028, says its self-driving tech ahead of Tesla
Jidu will soon announce a limited version of its first production robot car, which will be available for pre-order and is expected to be delivered in the second half of 2023.
SAIC-GM-Wuling’s NEV sales exceed 1 million units
SAIC-GM-Wuling has become the second local automaker after BYD to see sales of NEVs reach 1 million units.
Mercedes-Benz to recall 11,908 vehicles in China, including 660 EQS EVs
The Mercedes-Benz EQS was officially launched in China earlier this year and currently has a price range of RMB 107,4600 ($159,250) to RMB 1,513,600.
Avatr partners with BP to build fast charging network in China
Avatr and BP plan to build more than 100 high-voltage fast-charging stations in 19 cities across China by the end of 2023, with the first stations to be built in several first-tier cities as soon as this year.
Geely’s EV brand Geometry stops taking orders for EX3 due to lack of battery, chip supply
The Geometry EX3 becomes the latest model targeting the low-end market to stop taking orders, as the impact of rising raw materials continues.
New Mercedes-Benz service requiring subscription sparks widespread discussion
Some Mercedes-Benz owners say the expiration date of services including remotely turning on the air conditioning is approaching and they need to pay for a subscription to continue using them.
Great Wall Motor to bring its Ora-branded EVs to Hong Kong and Macau
Ora's right-hand drive models will be the first to enter the Hong Kong and Macau markets, and will also enter the UK, Australia, South Africa and Malaysia in the future.
IM Motors closes Series A financing as cumulative deliveries reach 1,051
This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44).
Jidu said to be seeking $400 million in financing at valuation of about $3.5 billion
The financing would be the latest round for Jidu since late January and could mark the introduction of additional backers besides Baidu and Geely, a Bloomberg report said.
Chongqing Sokon officially renamed as Seres Group, reports 13,291 NEV sales in July
This is up 316.78 percent from 3,189 units in the same month last year and up 7.03 percent from June.
