Special report: 2025 Shanghai auto show
China-made Model 3 price expected to drop to 210,000 yuan
The China-made Model 3 has been dropping in price frequently since its release because it has lower costs and higher margins, analysts from Essence Securities said.
CATL plans to launch batteries with a service life of 2 million kilometers
Zeng Yuqun, chairman of Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, said it plans to produce a power battery that lasts 16 years and 2 million kilometers.
Tesla sells 11,095 China-made Model 3s in May, up 205% from April
China-made Tesla Model 3 sales in May were 11,095 units, up 205 percent from April, making it the No. 1 new-energy vehicle sold in China in the month, according to the China Passenger Car Association (CPCA).
Toyota and five Chinese firms to set up fuel cell system development company
Toyota recently announced that in order to popularize hydrogen fuel cell vehicles (FCEVs) in China, it has joined forces with five Chinese companies to establish a commercial vehicle a fuel cell system development company.
Tesla Shanghai Model Y factory begins internal installation
In early 2020, U.S. electric vehicle manufacturer Tesla's electric vehicle project in Shanghai, China, went into production after construction was completed within a year.
Huawei 5G in-vehicle module is now commercially available, reports say
Huawei's 5G in-vehicle module is now commercially available, Tencent News said yesterday, citing sources close to Huawei Vehicle BU.
BYD says its upcoming car will be first to use Huawei 5G technology
BYD said today that its new model, the Han, will be the world's first model to be equipped with Huawei 5G technology.
Nio delivers a record 3436 new vehicles in May
Nio delivered 3,436 vehicles in May, up 215.5 percent year-on-year to a record high. Nio expects to meet its second quarter delivery target.
Koenigsegg, Polestar may be collaborating on an electric car
When it comes to supercars, Koenigsegg has come out with some pretty crazy projects like the four-passenger Gemera, while Polestar, on the other hand, brings some interesting electric cars. The biggest thing these two automakers have in common - both call Sweden home, but also just that.
BMW partners with State Grid EV Service to tap China's new energy vehicle market
BMW and State Grid EV Service signed a cooperation agreement, the two sides will open strategic cooperation in three areas: charging technology research and innovation, charging service product cooperation and promotion, and promoting "new energy power for new energy vehicles".