CITIC Securities sees potential market space of about $500 billion for Robotaxis in China
Robotaxi has the largest market space in autonomous driving application scenarios and is also the most challenging in terms of L4 autonomous driving technology, according to CITIC Securities.
Nio reveals event schedule for Nio Day 2021
Newest member of the Nio product family, Alan Walker's first-ever virtual show and a new single from Nio Band.
Kaixin Auto says it gets over $500 million in new energy truck orders
Kaixin's shares rose over 30 percent in early trading after the announcement.
BYD director completes planned shareholding reduction to cash out at least RMB 2.8 billion
Xia contributed about RMB 300,000 to BYD in 1995, his first investment in BYD and making him one of the three founders of the company.
BMW aims to retain its glory in EV era with 'China First' strategy
"China First" means that the local team will have enough independence to respond quickly to market changes and take Chinese customers' expectations into account at the product concept stage, BMW said.
China's Hesai to provide LiDARs for Nvidia's autonomous driving system
Hesai's LiDARs will be used in the NVIDIA DRIVE platform for tagging and training data, as well as to build 3D environment.
Nio opens charging network covering major highways in Inner Mongolia under Power North plan
The Power North plan is an initiative announced by Nio at the end of April to improve the electric vehicle experience for customers in northern China.
Svolt charges up global EV battery race with $943 million in new funding
The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years.
Li Auto signs strategic co-op framework agreement with southwest Chinese city Chongqing
Li Auto's founder said the company will increase its investment in Chongqing and deepen its strategic partnership with the city.
Uxin reports revenue of $53.7 million for past quarter, up 353% year-on-year
Uxin expects fourth quarter revenue to be RMB 480 million to RMB 500 million.