Chinese EV startup Hozon said to be raising up to $1 billion in Pre IPO round

Hozon is reportedly in the midst of a new funding round of at least $800 million and up to $1 billion. ...

Tesla says it has no plans to use Starlink services in Chinese mainland

All of Tesla's vehicles and charging stations in the Chinese mainland use network services provided by Chinese communications carriers, Tesla said. ...

BYD in spotlight for sudden death of employee

The man had worked at BYD since 2009 and was in a logistics position earning roughly RMB 6,000 ($940) - 7,000 per month before his death. ...

Nio delivers vehicles for police use in Qingdao, eastern China

Nio today delivered eight Nio ES6s to Qingdao as police vehicles. ...

Chinese lithium-ion battery makers encouraged to cut back on projects aimed solely at expanding capacity

Chinese regulators encourage lithium-ion battery makers to enhance technological innovation and reduce production costs. ...

Chinese consumers get vehicles delivered faster as chip shortage eases

The waiting time for Li Auto consumers has now been reduced to a month to a month and a half from at least two months previously, according to China Securities Journal. ...

Dongfeng Motor's premium EV brand Voyah unveils 'world's fastest MPV'

The MPV, which accelerates from 0 to 100 km/h in as fast as 5.9 seconds, is expected to go on sale in the middle of next year. ...

Cadillac Lyriq available for pre-order in China, priced from about $68,940

The first available version of the Cadillac Lyriq in China is a single-motor, rear-wheel-drive, long-range one that is expected to be delivered in mid-2022. ...

Li Auto to report Q3 earnings on Nov 29

Previously announced figures show that Li Auto delivered 25,116 Li ONEs in the third quarter, up 190 percent from a year ago and 43 percent from the second quarter. ...

Baidu's Apollo providing far more self-driving mobility services than Waymo

Baidu Apollo Go provided 115,000 rides in the third quarter. This compares to Waymo's quarterly order volume of about 20,000 to 40,300. ...
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