Appliance maker Skyworth's first model to go on sale July 27

Chinese appliance maker Skyworth announced on Thursday that its first model, the midsize SUV Skyworth ET5, will go on sale on July 27. ...

China issues guidance to promote development of energy storage industry

With the rapid development of the new energy vehicle industry, the energy storage industry is also receiving policy support. ...

Xpeng gets qualified to draw high-precision maps with $39 million acquisition

Xpeng Motors has completed an RMB 250 million ($39 million) acquisition of a high-precision map provider, paving the way for it to support Navigation Guided Pilot (NGP) on urban ro ...

Members of this club help Nio sell an average of 25 cars each

EP Club members have helped Nio sell an average of 25 cars each, and some have even sold more than 160. ...

Faraday Future goes public in US, aims to disrupt Ferrari, Bentley

Before FF began trading on Thursday, Jia laid out the company's two-phase goal, saying the first phase is to achieve disruption of traditional ultra-luxury car brands such as Mayba ...

China's hottest-selling electric car has a new rival

Electric vehicle brand Letin announced Thursday that its first all-electric mini car will go on sale on July 30, with a price range of RMB 29,800 ($4,600) to RMB 54,900. ...

Tesla raises Model 3 Long Range, Model Y Long Range prices in US by $1,000

The Model Y Long Range starting price was adjusted to $53,990, up $1,000 from the previous $52,990, information on Tesla's official website shows. ...

Chinese automakers can now start trading their NEV credits, what does this mean for Nio, Xpeng, and Li Auto?

Car companies including Nio, Xpeng Motors, Li Auto, Tesla China, and BYD have accumulated a lot of new energy credits last year, and now they can start trading them. ...

China's auto sales poised to grow this year, reversing three straight years of decline, official says

China's auto sales are expected to grow this year, reversing three consecutive years of decline, Zhu Xiaoliang, an official with the Ministry of Commerce, said at a news conference ...

CATL has so much cash that it will invest another $850 million in wealth management products

As China's largest power battery supplier, how to manage idle cash is a question CATL needs to think about. ...
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