Evergrande Auto unveils automated parking system

Automated parking, an important feature of smart cars, is important to every electric vehicle (EV) company. The EV company owned by China's largest real estate developer Evergrande Group has become the latest car company to release such a system.

Chery to release production version of its concept electric SUV in September

The Big Ant X will have a starting price of around RMB 160,000 ($24,750).

Xpeng debuts full exterior of G3i SUV, hints at multiple color options

Xpeng hinted that the model will be available in more colors, similar to what many Chinese smartphone manufacturers are doing now, and is expected to win over more young consumers.

US has fallen behind China, Europe in EV production, report says

Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.

Li Auto supplier Horizon Robotics to launch new self-driving chip soon

Horizon Robotics will soon launch Journey 5 with up to 128 TOPS of AI computing power on a single chip.

UBS cuts Tesla price target to $660, citing threats from Nio, Xpeng, BYD

Wall Street is starting to worry about Tesla's valuation amid the rapid rise of Chinese electric car companies including Nio, Xpeng Motors, and BYD.

Citi raises Nio price target to $72 from $58.3

Citi raised its price target on Nio by 23.5 percent, citing expectations for strong growth in the company's shipments.

Xpeng reportedly guides HK listing pricing at HK$165 per share

Xpeng Motors has guided its Hong Kong listing pricing at HK$165 per share, Bloomberg reported Wednesday. That sits below the company's previously announced maximum offering price of HK$180.

Nio opens 5 new battery swap stations in Shanghai, bringing total in China to 289

Chinese electric vehicle company Nio saw five of its battery swap stations go into operation in Shanghai on Tuesday, the most the company has deployed in a single city in China in a single day.

Baidu Apollo first to get permit for phase II self-driving road testing in Beijing

Baidu's smart driving unit Apollo continues to lead the charge on autonomous driving testing.
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