BAIC BluePark sold 4,074 vehicles in Aug, up 91% from a year earlier
BAIC BluePark sold 4,074 vehicles in August, up 91 percent year-on-year and up about 17 percent from July.
WM Motor reportedly adjusting equity structure in preparation for overseas IPO
WM Motor is adjusting its shareholding structure and may raise a new round of funding in the fourth quarter in preparation for an overseas IPO.
Chinese regulator asks automakers to conduct data security, cybersecurity self-reviews
Chinese regulator of the automotive industry has begun asking car companies to conduct self-examinations of their data security and cybersecurity in order to address safety concerns.
Xpeng said to deliver flying cars in small quantities in 2024
Xpeng will announce the exact price and specifications of its flying car in 2023 and will deliver it in small quantities in 2024, according to a Weibo blogger.
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.