Xiaomi affiliate's move raises speculation that its auto business could adopt battery swap model
Battery swap was questionable as a huge investment model a few years ago, but with encouragement from the Chinese government, more and more players are adopting it.
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Dongfeng Motor turns its premium EV brand Voyah into separate company
Dongfeng Motor is the latest in a long line of traditional Chinese car companies to set up a separate company to run their electric vehicle business.
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Nio EP9 breaks fastest lap record at Zhejiang International Circuit
The EP9 set a new lap record at the Zhejiang International Circuit with a time of 01:26.180, about six seconds ahead of the previous record of the 1st place holder, Mercedes-AMG GT
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Nio said to be evaluating hardware upgrades including 5G support for existing models
Nio is currently considering upgrades to its existing models based on its first-generation platform, including 5G support and cockpit upgrade, and hopes to have an answer soon.
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Tesla apologizes for massive recall in China, explains OTA update details
Tesla said the issue does not exist in Model S/X, which have different cruise control lever positions and have a very small probability of false activation.
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Tesla recalls over 285k vehicles in China, will offer fixes via OTA
Tesla is conducting a huge recall in China, involving almost all vehicles sold in the country since 2019. This is related to just the vehicle software though, and the company will
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Self-driving startup Pony.ai names former JPMorgan exec as CFO
Pony.ai is considering a US IPO for its to help it achieve its goal of commercializing its driverless ride-hailing service.
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Geely's premium EV brand Zeekr to bring in external financing
Building cars is a business that needs to burn money, so auto giant Geely has decided it wants to bring in external capital for its new premium electric vehicle brand Zeekr to acce
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Renesas' fire-damaged plant restored to 100% capacity, expected to ease chip shortage fears
Good news for the global automotive industry hit by a global chip shortage.
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Chinese self-driving startup Pony.ai mulls US IPO
"We're still debating and considering," said Peng, when asked about the time frame for a public share sale.
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