Xpeng to release G3i, a facelift of G3 SUV, in July
Chinese electric car company Xpeng Motors said Friday that it will launch a facelift of its compact SUV G3, the G3i, in July, with deliveries starting in September.
Nio partners with Beijing real estate developer on battery swap station
Beijing Electronic Zone High-Tech Group said Friday it has entered into a partnership with Nio to bring the latter's second-generation battery swap station into its digital new media innovation industrial park in Beijing.
Chinese LiDAR startup Zvision secures Intel investment
Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.
Huawei betting big on its auto business with aggressive hiring
Chinese tech giant Huawei is placing heavy bets on its automotive business, with the latest job postings showing the company wooing talent with attractive salary levels.
Chinese official suggests extending new energy vehicle purchase tax exemptions
The current deadline for China's vehicle purchase tax exemption for new energy vehicles is December 31, 2022.
Nio's battery supplier CATL's new project goes into operation with annual capacity of 15GWh
As the world's largest power battery supplier, Nio and Tesla's battery supplier CATL is expected to further consolidate its leading position with the addition of more capacity.
Just In – June 17, 2021
Baoneng New Energy Vehicle Group, a subsidiary of the Baoneng Group, has received support from the Guangzhou government, with a strategic investment of RMB 12 billion from local state-owned enterprises.
China FAW announces memory parking feature like Xpeng's VPA
The company claimed the system is the world's first vehicle-side perception-based L4 valet parking system, supporting both commercial parking lots and private parking scenarios.
Li Auto hiring 'Beijing plant manager', cementing rumors of new factory
Li Auto has been rumored several times since early April to be building a second factory in Beijing, and while the company has never confirmed it, the latest job postings seem to prove those rumors are reliable.
Analysts expect worst time for China's auto industry to be over soon
Demand in China's auto industry was not fully released in the first half of the year due to tight chip supply, and as the issue improves, the second quarter will be the worst period for the industry's performance, CITIC Securities said.
