EV Industry

China's vehicle ownership reached 297 million by the end of September and is expected to exceed 300 million by the end of the year, a CAAM official said.

Yunkuaichong closed the Series B3 funding round, two months after Series B2 funding from Nio Capital.

Geely's premium EV brand Zeekr is already using such technology in its first model, the Zeekr 001.

The waiting time for Li Auto consumers has now been reduced to a month to a month and a half from at least two months previously, according to China Securities Journal.

Lucid Motors plans to build factories outside the United States, including in China, the world's largest automotive market.

CICC believes that public charging facilities will be difficult to sustain in terms of location and economics. From the perspective of battery standardization, the battery swap model will be further promoted.

Aiways plans to release a new model in Europe every year, and its U6 SUV will be available in Europe in 2022.

The company is the first joint venture between a carmaker and an autonomous driving firm in China, and will be a supplier of autonomous driving solutions to Lotus.

Faraday Future has formed a special committee to review allegations of inaccurate disclosures.

Tesla added 10 new Supercharger stations, including 66 supercharging piles, in China this week.