Industry News
Smart raises price of Smart #1 before it’s even delivered in China
The price of the Smart #1 will be raised by RMB 5,800 ($860) for its highest-priced version before deliveries in China begin in September.
China accounts for 59% of global NEV sales in H1
By comparison, the US and Europe contributed 11 percent and 26 percent of global new energy vehicle sales, respectively, in the first half of the year.
China to extend purchase tax exemption for NEVs, says top govt meeting
China's policy of exempting NEVs from purchase taxes has been extended several times over the years.
GAC Aion enters robotaxi space, releases first road test video
GAC Aion said the Aion LX L4 Robotaxi, equipped with six LiDARs, has undergone more than 400 days of real-life complex road testing and virtual simulation tests.
Dongfeng confirms new brand to focus on luxury new energy off-road vehicles
The brand will have an industrial park with a planned capacity of 100,000 vehicles and is scheduled to go into production in 2023.
Local brands lead across the board in NEV consumer appeal in China
Nio ES8 ranked No. 1 in the luxury pure electric market, Li ONE ranked No. 1 in the mainstream plug-in hybrid market, and Xpeng P7 ranked No. 1 in the mid-size pure electric sedan market.
Shanghai aims to see over 50% of vehicle sales be purely electric by 2025
Shanghai is accelerating the full electrification of public sector vehicles and encouraging the private sector to buy electric passenger cars, according to a carbon peak implementation plan.
Lenovo hiring auto talents to build capabilities in smart cockpit, autonomous driving
Lenovo CEO had said that the company will not build cars, but will put limited resources and efforts on the already clear track, which is the intelligent transformation.
BMW i3 electric sedan catches fire on test drive in central China
The BMW i3, an all-electric version of the classic BMW 3 Series, was officially launched in China on March 31 to target the market where the Tesla Model 3 is located.
Nio Capital’s portfolio firm CIX Technology joins Linaro’s Windows on Arm Group
CIX Technology, a startup building computer CPUs based on the ARM architecture, has become the first Chinese company to join the Windows on Arm Group.
