Audi-FAW EV venture in China reportedly to start plant construction in Q1 next year
The project will introduce the PPE EV platform developed by Audi in cooperation with Porsche, with the first model to go into production in 2024.
Self-driving startup Pony.ai signs deal with FAW to co-develop Robotaxi models
Pony.ai will work with FAW to build a fleet of self-driving demonstration operations and collaborate on commercial operations in Guangzhou, Beijing, Shanghai, Changchun and Nanjing.
WM Motor suffers another EV fire, third this week
For the past three days, there has been one fire each day for WM Motor's EX5 model.
ARK Invest now holds about $30 million of Xpeng as Cathie Wood keeps buying
As of December 23, ARKQ held 655,042 shares of Xpeng ADRs worth about $30 million, or 1.37 percent of the position.
Nio's William Li's remarks on fuel cars stoke controversy, but get backing from state media
People should not dwell on Li's slightly exaggerated comments, but rather change their mindset and support NEVs in China, the official Economic Daily says.
Xpeng issues 1.2 million Class A common shares under equity incentive plan
Xpeng began trading in Hong Kong on July 7 and its current share price is up about 7 percent from its listing.
Tesla signs deal with Hyundai Glovis to ship Giga Shanghai vehicles to other regions
By the end of November, Tesla China had exported a total of 152,090 vehicles this year.
BYD sees 150,000th vehicle of Han family roll off line
By the end of November, sales of the Han family exceeded 10,000 for the third consecutive month, with cumulative sales of 144,520 units since its launch in July last year.
Kaixin Auto says it secures new order for 10,000 electric trucks
Kaixin Auto rose about 15 percent in pre-market trading Thursday.
Huawei unveils first model of AITO brand it has built with Seres
The release of the Wenjie M5 will allow Huawei's automotive component manufacturing capabilities, as well as its vehicle software development capabilities, to begin to be showcased in a larger way.