Analysts expect auto AI chips in China to grow at CAGR of 28% in next decade
With the rapid development of the smart car industry, the demand for AI chips is also exploding.
Dongfeng's premium EV brand Voyah delivered 408 vehicles in Aug
Dongfeng Motor's premium electric brand Voyah delivered 408 units of the Voyah FREE, one of Li Auto's Li ONE competitors, in August, its first delivery month.
Xiaomi-backed fund invests in auto chip company
As Xiaomi builds its electric vehicle team, the Chinese smartphone giant's investment in the sector continues.
CATL reportedly bids for Canadian lithium miner Millennial for about $300 million
A bidding war is heating up between Chinese companies for a Canadian firm to get lithium needed for electric car batteries.
GM steps up bets in China by introducing Ultium platform
General Motors announced Tuesday that it is officially introducing its Ultium electric vehicle platform to the Chinese market "to join Chinese consumers on their journey to an all-electric future."
Xpeng has established 3 car sales companies this month
Nio is now focusing on building its replenishment network, particularly its signature battery swap stations, while Xpeng Motors, is rapidly building up its sales outlets in China.
Self-driving startup DeepRoute.ai closes $300 million in new funding led by Alibaba
DeepRoute.ai said it closed a $300 million Series B funding round led by Alibaba, making it the first such company in China that the e-commerce giant has invested in.
China to pilot rooftop distributed PV power generation in 676 counties
The counties will conduct a county-wide pilot of rooftop distributed PV power generation.
Bosch ESP chip price reportedly rises to over 300 times its original price on black market
The current price of a Bosch ESP chip on the black market is about RMB 4,000 yuan ($620), nearly 300 times higher than the normal price of 13 yuan.
Xpeng says its supercharging stations reach 400
Xpeng Motors said Tuesday it put 102 new supercharging stations into operation in August, bringing the total to 400, covering 101 cities in China.