Nio's OEM JAC expects to turn profitable in H1
JAC Motors expects to turn around to profit in the first half of the year, with net profit attributable to shareholders of the listed company amounting to RMB 480 million ($73.7 million).
Prices of semi-solid-state batteries expected to drop to level of liquid lithium batteries by next year, expert says
Solid-state batteries, or semi-solid-state batteries, may enter mass use sooner than people expect.
Appliance maker Skyworth unveils new model, priced from $23,500
Chinese appliance giant Skyworth has launched its new mid-size all-electric SUV EV6, which includes four specifications and is priced at RMB 152,800 ($23,500)-249,800.
Xiaomi looking for 500 engineers for its self-driving business
Xiaomi has launched a hiring drive for the self-driving division of its automotive business, with plans to hire the first 500 engineers.
WM Motor affiliate's registered capital increased by over 75%
The company's business scope includes technology research and development, technology transfer, and investment management of new energy intelligent vehicles.
Tesla, Nio supplier CATL to unveil sodium-ion batteries on July 29
Analysts said that in an era of energy change, sodium-ion batteries are expected to gain adoption at an accelerated pace due to their clear advantages in terms of resource quantity and cost.
Baidu among first companies allowed to conduct self-driving tests on highways
Several companies, including Baidu, have been among the first in China to be allowed to test autonomous driving on some highways, meaning the test extends from regular city roads to more scenarios.
Huawei removes Su Jing as president of smart driving, earlier rumors said he would join Nio
Huawei announced its executive shakeup decision on Tuesday, removing Su Jing from his role as head of smart driving. Earlier this month there were rumors that Su had joined Nio, but the rumors were denied.
Xpeng P7 will overtake Audi A4 sales in China 'in a while', says CEO
Xpeng delivered 6,565 units in June including 4,730 units of the P7. By comparison, the Audi A4 sold 9,201 units in China in June.
GAC Aion, Huawei join forces to build premium brand, first SUV to be launched in 2023
The brand has two other models based on the same platform as the AH8, including an MPV and a high-end coupe.