Industry News
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.
Changan launches Shenlan SL03, another Tesla Model 3 competitor
The Changan Shenlan SL03 is expected to be a hot seller in China's mainstream NEV market, with steady-state monthly sales expected to top 15,000 units, analysts say.
Mercedes-Benz EQE starts pre-sales in China with slightly higher prices than Nio ET7
The Mercedes-Benz EQE will be another option in China's luxury electric sedan market besides the Nio ET7 and IM Motors L7.
Beijing to transform city's major gas stations into charging and battery swap stations
Beijing aims to have 700,000 charging piles and 310 battery swap stations by 2025 in the city.
China's July retail sales of NEVs expected to be around 450,000 units, CPCA says
EV makers including Nio, Tesla and GAC Aion have further increased capacity and are expected to see increased production in the second half of the year, the CPCA said.
SAIC expects deliveries of its premium EV brand IM Motors to exceed 1,000 units by end of July
The IM Motors L7 is positioned similarly to the Nio ET7, and SAIC says the sedan will have stronger deliveries in August.
Audi Q4 e-tron officially launched in China to take on Tesla Model Y, Nio ES6
The Audi Q4 e-tron is priced in China in the range of RMB 299,900 ($44,330) - RMB 377,100 and will compete with models including the Tesla Model Y and Nio ES6.
Didi fined $1.2 billion as cybersecurity case comes to end
Didi had a total of 16 violations and also engaged in data processing activities that seriously affected China's national security, according to an announcement.
NEVs account for 45.1% of new vehicles registered in Shanghai in H1
As a comparison, China's NEV penetration rate was 24 percent in the first half of the year.
Sinopec's first swap station for heavy trucks goes into operation
Sinopec aims to reach 5,000 charging and battery swap stations by 2025.
