Xiaomi reportedly to acquire a carmaker to qualify to build cars
The acquisition would give Xiaomi the capacity and production qualification to quickly put its own products into production.
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Nio's auto sales subsidiary increases registered capital by 50% to $1.5 billion
After its two Anhui-based subsidiaries received a 50 percent increase in registered capital, Nio's auto sales subsidiary saw a similar move.
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Xiaomi CEO visits FAW Group for in-depth talks on car-making partnership
Lei Jun, the founder, chairman and CEO of Xiaomi, recently visited China FAW Group in the northeastern province of Jilin for in-depth talks on a partnership.
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Li Auto, Xpeng, Nio top insurance registrations among Chinese new car makers in Aug
The CATARC figures are based on insurance registrations for vehicles and are closer to true retail sales each month.
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Tesla hikes Model Y Performance price in China by about $1,550
The starting price of the Model Y Performance in China has been raised by RMB 10,000 ($1,550) to RMB 387,900, and those who have previously reserved unaffected.
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Nio debuts ET7 in Germany, local deliveries expected to begin in Q4 2022
Nio has presented the ET7 for the first time in Germany, marking the model's European debut. It confirmed that the model will be available in Germany next year.
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Chinese EV startup Neta says it will enter overseas markets, unveils first right-hand-drive model
Neta announced Friday that it will enter the new energy vehicle market of the ASEAN to compete in the worldwide industry and kick off its globalization journey.
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Huawei's auto partner Sokon signs five-year deal with CATL to guarantee battery capacity
If an affiliation agreement is not signed in the current year, the default annual supply for the following year will be 10 GWh.
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Chinese market regulator fines three auto chip dealers for price gouging
China's State Administration for Market Regulation (SAMR) fined three auto chip distributors a total of 2.5 million yuan ($400,000) for inflating the price of auto chips.
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Factbox: What is the difference between CPCA and CAAM's China auto sales data?
The trends presented by the two data are consistent most of the time, but sometimes they may be inconsistent or even differ.
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