New policy in China to take effect next month will facilitate used car transactions

As China's used car trade grows rapidly, some policies seen as potentially hindering its growth are being tweaked.

Qualcomm-backed ZongmuTech helps Changan, JAC models claim top two spots in self-driving contest

While eyes are focused on the self-driving capabilities of the new car makers, some technology providers are helping other car companies gain equal access to such capabilities.

Nio drops 17 spots to 246 in Hurun World 500 list

Xpeng failed to make the list this year, ranking 404th in 2020 with a valuation of RMB 248.8 billion.

Xpeng issues 317,500 new shares under equity incentive plan

Xpeng Motors announced Friday the issuance of 317,500 Class A common shares, representing 0.02 percent of its total issued shares previously.

Xiaomi-backed fund invests in EV battery maker Svolt Energy

Svolt Energy added several new shareholders on August 18, including Hubei Xiaomi Changjiang Industry Fund, backed by smartphone giant Xiaomi.

Sales of models with L2 assisted driving reached 192,500 units in China in July, report says

That includes 75,000 smart new energy vehicles and 118,000 smart fuel vehicles.

Latest abuse of assisted driving brings more scrutiny to the feature

A video shared Friday by a car blogger shows a driver sitting in the passenger seat of a vehicle on the highway and letting the vehicle drive itself.

Nio-backed smart cockpit product maker Autolink signs deal with Bosch

In September 2017, Autolink received tens of millions of RMB in Series B financing from investors including Nio Capital, the venture capital arm of Nio.

Ora's Good Cat GT named 'Mulan', with pre-orders to open soon

Great Wall Motor's electric car brand Ora's previously launched Good Cat GT model has been officially named "Mulan" and pre-sales will open soon, the brand announced Friday.

Analysts say N-type cell technology will replace P-type as mainstream direction of PV development

Photovoltaic cell batteries mainly include P-type and N-type, with the former being the current mainstream product.
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