Nio puts seven new battery swap stations into operation, bringing total to 360
Nio's seven new battery swap stations went into operation on August 10, bringing the total to 360. One is located in Xingtai, Hebei Province, and six are in Shanghai.
Video shows Xpeng testing P5's self-driving capabilities on city roads
The P5 is capable of automatically changing lanes, recognizing traffic lights, and making automatic left turns at unprotected intersections, as shown in the 30-second video.
Guangdong aims to exceed $170 billion in auto manufacturing revenue by 2025
Guangdong Province wants its auto manufacturing revenue to exceed RMB 1.1 trillion ($170 billion) by 2025, and to build an auto cluster with international influence by then.
Analysts say certainty of recovery in China's auto industry grows
China's auto sector continues to receive positive support and the certainty of recovery is increasing, Guotai Junan Securities said.
Evergrande Auto expects H1 loss of about $740 million
This is mainly due to the fact that its new energy vehicle business is still in the investment stage, with the purchase of fixed assets and equipment, R&D-related costs and interest expenses.
China's new energy passenger car penetration rate on track to reach 13% this year, expert says
Cui made the call based on the rapid growth of China's new energy vehicle industry this year, saying he believes the CPCA's June forecast for new energy passenger vehicle sales to reach 2.51 million units this year was conservative and will be revised upward in the future.
Huawei discloses new self-driving car-related patent
Huawei recently disclosed a new automotive-related patent that, if applied, would make self-driving vehicles even smarter.
Nio starts recruiting internal test participants for its next major software update, presumably Nio OS 3.0
Nio began recruiting internal test participants for the latest version of its in-car system on Monday, according to the information posted on its app.
Nio adds another battery swap station in flood-hit Zhengzhou
This is Nio's 14th battery swap station in Henan Province, and the second to be put into operation after the province was hit by rare heavy rains and flooding.
Tesla Shanghai plant reportedly reaches 450,000 units of annual production capacity
Tesla's Shanghai Gigafactory has reached an annual production capacity of 450,000, Tencent News said Monday, citing media sources invited to a recent tour of the plant, adding that this means Tesla could be one step closer to exceeding its 2020 guidance.