Nio Capital invests in online used car dealer Uxin
William Li said that the used car market in China has the potential for exponential growth and believes Uxin will continue to lead the development of the used car market in China.
Geely's EV brand Zeekr says it has sold out all deliverable Zeekr 001 models for this year
Zeekr said it has sold out of deliveries of its first model, the Zeekr 001, available for delivery this year and has stopped taking further deposits.
Chinese firm plans to build about 500 battery swap stations for passenger cars, heavy trucks
The company plans to build about 313 new battery swap stations for passenger cars and 175 battery swap stations for heavy trucks in Jiangsu, Zhejiang, and Guangdong.
Xpeng may offer P5 variant N5 without LiDAR to reach broader user base
Three of the models are identified as P5 on the rear and the other model is N5, which is the first time we see this new model of Xpeng.
Xiaomi hiring for multiple self-driving positions
Xiaomi is hiring for a number of self-driving-related positions, hinting that the smartphone giant may locate its R&D center in Beijing.
Xpeng says its auto-parking feature was successfully used over 260,000 times in May
Xpeng Motors' auto-parking feature was successfully used more than 260,000 times in May, the Chinese electric car company said Tuesday.
Arcfox to collaborate with Baidu Apollo on self-driving after Huawei
Apollo and Arcfox will announce their partnership on June 17 to "usher in a new era of shared self-driving," according to the former's Weibo.
SAIC says it will put solid-state batteries into production by 2025
Chinese auto giant SAIC Motor will put its solid-state batteries with "world-leading " technology into production by 2025, it said.
Nio's William Li expects China's smart EV penetration rate to exceed 90% by 2030
In the opinion of William Li, China's electric vehicle market is expected to spread rapidly over the next 10 years as demand from the general public begins to be activated.
BYD chairman says China's local EV brands have surpassed joint venture brands in technology
Whether it's styling technology, or core new energy vehicle technologies such as batteries, motors, and electric controls, China's local EVs are already ahead of joint venture brands, Wang said.
