Great Wall Motor reports strong H1 performance, shares rise by daily cap of 10%
For the first half of 2021, Great Wall Motor reported revenue of RMB 62.159 billion ($9.6 billion), up 73 percent year-over-year, according to figures the company announced on July 20.
Power battery maker Gotion to build 20 GWh production base in Hefei to supply unified cells to VW
The project is expected to cover 500 acres and will be built in phases. In the first phase, the company will build 10 GWh of battery capacity, with production scheduled to begin 18 months from the start of construction.
Tesla to open Supercharger network to other EVs within the year, Musk says
Tesla will open its Supercharger network to other electric cars within the year, the company's CEO Elon Musk said on Twitter on Wednesday.
Nio's software VP jumps ship to join GM
Car-making startups with a strong focus on software has become targets for traditional car companies to poach talents.
SAIC plans to invest about $310 million in fuel cell heavy truck sector
SAIC Motor, China's largest local automaker, announced on July 20 that it has signed an agreement with Inner Mongolia's Ordos municipal government to invest 2 billion yuan ($308 million) to build a fuel cell heavy truck chain there between 2021 and 2025.
Nio's supplier says LiDAR key for carmakers to overtake Tesla
In the field of LiDAR, Tesla does not have the advantage gained by early layout. This technology is providing another dimension in the competition.
BYD's 100,000th Han model rolls off line
BYD launched the Han model on July 12, 2020, which includes the Han EV and the Han DM, a hybrid model.
Xpeng's new SUV camouflage photos revealed, may be model to be released next year
Xpeng Motors will form a combination of G3i, P5 and P7 this year, but as a brand that targets the mid- to high-end market, it will naturally not be satisfied with the layout of just one compact SUV.
Tesla's June new vehicle registrations in China up 29% from May
Model 3 registrations rose more than 80 percent from May to 16,995. Model Y registrations were 11,513, down 10 percent from May.
Xpeng's Wuhan production base construction survey work starts
Xpeng Motors has started the survey work for the car production base located in the Tonghang Industrial Park in the Hannan District of the central Chinese city of Wuhan, according to a recent report posted on 163.com.
