EV Industry
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Evergrande's Hengchi 5 reportedly in trial production
The Hengchi 5 is complete with basic features and is just short of a road-access permit for mass production.
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Expert expects China's NEV penetration to exceed 20% by 2022
The secretary-general of the CPCA said that with the supply of chips still uncertain in 2022, traditional carmakers will prioritize their limited resources for NEV models.
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WM Motor posts record sales of 5,025 units in Oct, up 67% year-on-year
From January to October, WM Motor delivered a total of 34,068 units, up 101.7 percent year-over-year, the company said.
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Geely aims to sell average of 10k vehicles per day by 2025
Geely aims to sell 3 million Geely Auto units and 650,000 Zeekr units by 2025.
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CICC expects global NEV sales to surpass 10 million units by 2022
Referring to the S-shaped growth curve, global vehicle electrification has broken through the tipping point and entered a period of steep growth, CICC said.
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China has built world's largest charging network
The rapid development of the Battery swap network is one of the factors behind this, according to the People's Daily.
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OPPO unveils smart cockpit solution Carlink, aims to be used in over 15 million cars next year
OPPO says the solution offers features including digital car keys, vehicle management using a watch, and in-car screen casting.
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China releases carbon peak action plan by 2030, re-emphasizes promotion of NEVs
China will promote NEVs and gradually reduce the share of traditional fuel vehicles in new vehicle production and sales and vehicle ownership.
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China's Ministry of Commerce says policies will be introduced to promote used car exports
China's Ministry of Commerce has released a guide to help local used car export companies develop overseas markets.
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China's largest bank, ICBC, to provide RMB 3 trillion in energy financing over next 5 years
Most people may not have noticed that China's energy sector is receiving a huge financial boost.
