Nio Onvo to open 1st batch of over 100 stores on Sept 1
Onvo will see its first batch of over 100 stores open on September 1, covering 55 cities, as the official launch of its first model, the L60, nears.
BYD Fang Cheng Bao ties up with Huawei to use tech giant's driver assist system
The first Fang Cheng Bao model to feature Huawei's Qiankun ADS 3.0 is the Bao 8 off-road SUV, which will go on sale after the third quarter.
China EV insurance registrations for week ending Aug 25: Nio 4,600, Tesla 14,200, Xiaomi 2,100, BYD 87,800
Li Auto had 11,600 insurance registrations last week, Xpeng 2,800, Zeekr 3,000, Leapmotor 6,200 and Aito 9,000.
Huawei-backed Aito launches lower-priced Pro series for M7 SUV
Aito aims to deliver 3,000 units of the M7 Pro in the first week of launch and over 10,000 units in the first month.
Leapmotor CEO pledges to increase shareholding in company
Leapmotor executives, including the CEO, plan to increase their holdings of the company's Hong Kong-traded shares by up to RMB 300 million ($42 million) over a six-month period.
Xpeng sees tape-out of in-house developed chip after Nio
Xpeng's chip is a centralized computing architecture chip that supports powering the cockpit and smart driving, with AI computing power close to the level of 3 mainstream smart driving chips, according to local media.
Canada to impose 100% additional tariff on EVs from China
Canada will impose an additional 100 percent tariff on EVs made in China starting October 1, bringing the overall rate up to 106.1 percent.
Xpeng CEO increases shareholding in his firm
Xpeng CEO increased stake in his company in Hong Kong and US stock markets, and plans to increase it further.
Neta launches Neta S shooting brake: Starts at $22,440, offers BEV and EREV options
The most powerful variant of the Neta S shooting brake BEV can sprint from 0 to 100 kilometers per hour in 3.9 seconds.
Seres to buy 10% stake in Huawei's auto unit Newcool for $1.6 billion
The deal values Newcool at RMB 115 billion, the same as when Avatr bought a 10 percent stake earlier this month.