Tesla and Nio supplier CATL reports 131% year-over-year increase in H1 net profit
CATL's stock traded in Shenzhen was up over 5 percent at the opening, but has now turned down.
Tesla updates app in China, redesigns interface and brings online store
The update became available in Apple's iOS App Store in China on August 26, and the biggest change that can be seen after the update is that the entire user interface has been redesigned.
Neta partners with Huawei to use its computing platform and LiDAR technology for next year's model
The Neta S, which will be launched next year, is the first model to be created by the two companies, and it will use Huawei's MDC smart driving computing platform and LiDAR technology.
Chinese firm unveils in-vehicle wireless charging solution with 10 times output power of Tesla Model 3
NuVolta Technologies on Wednesday announced the NVTREF8040Q, an in-vehicle wireless charging solution that can deliver up to 50W of power.
Xiaomi acquires self-driving tech firm DeepMotion for $77.37 million
DeepMotion provides full-stack autonomous driving solutions, including technologies such as forward/round/perimeter vision perception systems and autonomous valet parking AVP solutions.
Sinopec says it has 205 gas stations equipped with photovoltaic power generation
Sinopec has completed the siting of 1,000 distributed photovoltaic sites, and it aims to build 7,000 such sites during its 14th five-year plan (2021-2025).
KiWi EV to be officially launched on Aug 31
Earlier this month, William Li, founder, chairman and CEO of Nio, visited SAIC-GM-Wuling and test drove the KiWi EV.
Nio's battery swap station built with State Grid affiliate in operation
Nio's partnership with State Grid, a Chinese state-owned electric utility corporation, is beginning to bear fruit.
Chinese regulator says it will push for full commercialization of sodium-ion batteries
The MIIT will drive collaborative innovation in the industry, as well as in research institutions, to promote the full commercialization of sodium-ion batteries.
Baidu's carmaking arm Jidu signs deal with LiDAR supplier Hesai
Baidu prides itself on its Tesla-like technology that relies on pure vision, and now a new report says the company may be wavering on its choice of technology route.