Volkswagen to stop fuel car production in Europe by 2035 at latest, but a little later in China

Volkswagen will stop producing fuel-fired vehicles "a little later" in the United States and China, and even longer in South Africa and Africa. ...

Huawei explains why it does not build cars

Germany is the most important market for Huawei's ICT business, and if Huawei builds a car, it will bring direct competition. ...

Deutsche Bank raises NEV sales forecast for China by 2025

The team raises their 2025E NEV forecast from 6.6m to 8.3m units, representing about 35% penetration. ...

Chinese power battery maker to build new factory in France

Chinese power battery maker Envision AESC will build a power battery factory in France with a total investment that may reach $2.9 billion, Bloomberg reported recently. ...

Great Wall Motor's premium EV brand to launch first product in 2022, targeting luxury segment

Great Wall Motor will launch the first product of the company's premium EV brand Saloon in 2022, positioning it as a luxury smart battery electric vehicle. ...

Huawei's self-driving business gains new partner

Huawei, which insists on not being directly involved in building cars, has a growing number of partners in the sector. ...

Nio launches smart driving company in Hefei, increases presence in city that saved it in 2020

The city of Hefei in central China saved Nio from the brink of death early last year, after which the company shifted a lot of its business to the region. Now, it's setting up a ne ...

Xpeng's Hong Kong share offering has been 2 times oversubscribed

As of 2 pm local time Monday, Xpeng recorded a margin subscription of HK$2.32 billion. ...

Central China's Zhengzhou to make self-driving vehicles available to public starting July 1

As self-driving technology develops rapidly in China, more and more cities are starting to pilot allowing the public to ride in such vehicles, with the central city of Zhengzhou be ...

Nio to hold Nio Power Day event on July 9

Chinese electric vehicle company Nio will hold an Nio Power Day event in Shanghai on July 9, according to an invitation sent to CnEVPost. ...
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