China's new energy vehicle ownership exceeds 6 million
The number of newly registered new energy vehicles in the first half of the year was a record high of 1.103 million, an increase of 774,000 units or 234.92 percent compared with the same period last year.
Opinion
Disruption & destruction of century old SG&A expenses in auto industry – Nio style
Disruption & Destruction of SG&A Expenses Nio Style – Make Nio Owner Income Producer – Turn SG&A Generated Existing Nio Owner into Big Nio Profit Center.
CICC raises Nio price target by 11% to $69
Nio's established advantages are likely to expand in a non-linear and accelerated manner driven by user growth and autonomous driving, said CICC.
Geely sold 7,515 NEVs in June, down 14% from a year earlier
Geely's all vehicle sales totaled 100,163 units in June, down about 9 percent from a year ago and up about 4 percent from May.
Xpeng CEO says more players joining EV bandwagon could accelerate paradigm shift in auto industry
"Because the entry of these companies will accelerate the pie getting bigger, accelerate the smart experience getting stronger, and ultimately can accelerate the change or even disrupt the original model and system of the automotive industry," he wrote.
Xpeng closes down 1.82% on HK 'grey market' trading
Xpeng Motors opened up 1.5 percent in 'grey market' trading on Tuesday, but quickly turned lower. Official trading of its shares will begin on Wednesday.
User frustrated by lagging VW ID.4 X car interface
A video circulated on Weibo on Tuesday shows a user complaining that the SAIC Volkswagen ID.4 X car system is stuck in the startup screen and the vehicle cannot perform any operation, even the air conditioning cannot be turned on.
Analysts say BYD's full transition to NEVs about to happen
After BYD announced its June sales figures on Monday, analysts believe its full transition to new energy vehicles (NEVs) is about to be realized.
CICC raises its forecast for Nio's sales this year by 5% to 98,000 units
After China's new car makers posted a bright June sales performance, CICC expects their production and sales to remain strong in the second half of the year.
Horizon Robotics' AI chip with up to 128 TOPS computing power gets key certification
Horizon Robotics has received SGS-TÜV ISO 26262 ASIL-B Ready functional safety product certification for its Journey 5 chip with up to 128 tera operations per second (TOPS) of AI computing power, paving the way for mass production.
