EV Industry

China's Ministry of Commerce said it is working with relevant departments to carry out activities to bring NEVs to rural areas.

The MIIT will work with relevant departments to accelerate coordination and promote the high-quality development of new energy vehicles.

The MIIT on Thursday issued a notice on strengthening cybersecurity and data security for connected vehicles, saying the safety and security systems for such models urgently need to be improved.

WM Motor is adjusting its shareholding structure and may raise a new round of funding in the fourth quarter in preparation for an overseas IPO.

Chinese regulator of the automotive industry has begun asking car companies to conduct self-examinations of their data security and cybersecurity in order to address safety concerns.

With the rapid development of the smart car industry, the demand for AI chips is also exploding.

The counties will conduct a county-wide pilot of rooftop distributed PV power generation.

The current price of a Bosch ESP chip on the black market is about RMB 4,000 yuan ($620), nearly 300 times higher than the normal price of 13 yuan.

China now has too many NEV companies, which are small and fragmented, and the industry's players need to get bigger and stronger in the future, a senior Chinese official said.

Yunkuaichong, a Chinese EV charging service provider, announced Monday that it has closed a Series B2 round of funding from Nio Capita, less than three months after closing its Series B1 round.