Industry News
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.
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.