GAC reportedly invests in ride-hailing giant Didi's self-driving business
Didi Chuxing's self-driving business is close to finalizing a new round of funding of more than $300 million, with GAC Group investing $200 million, LatePost reported Monday.
Allowing couples to have three children seen as good for China's 7-seat car market
"This policy is a major boon to the car market and will help the 7-seater market grow."
Geely reportedly partners with appliance giant Haier to sell its high-end EVs in latter's stores
Haier and Geely are in talks to make the Zeekr 001, the first model of the latter's premium electric car brand Zeekr, available in Haier's retail stores.
GAC Aion says it has achieved mass production of its concept car with 'world's lowest wind resistance'
GAC Aion said that its concept car ENO.146 has a wind resistance coefficient of 0.146 cd, the lowest in the world.
Nio establishes new company in Hefei, with registered capital of about $78.5 million
The establishment of the new company in Hefei will facilitate Nio's local operations, including recruitment and research and development. It is also the latest move by the company to increase its bet in Hefei.
Nio battery supplier CATL's market cap touches RMB 1 trillion for first time
CATL rose about 5% to RMB 429.9 as of 10:19 a.m. Beijing Time, breaking above its January 8, 2021 high to a new all-time high and putting its market cap above RMB 1 trillion.
With over 1.6 million registered users, Nio app is far from a vehicle management tool
Beyond basic functions, Nio's innovation in its app is probably far underestimated.
Nio has basically made itself a premium brand with average selling price higher than BMW, Audi and Tesla, says CEO
As of the end of April, Nio has delivered 102,803 vehicles in the past nearly three years, with an average selling price of RMB 434,700 ($68,270).
First model sold in Huawei channel begins delivery
At a time when its smartphone business is struggling due to US sanctions, Huawei has high hopes for its automotive business, even though the company won't be building cars itself.
Tesla reportedly to recall some imported Model 3s in China
Following its announcement of a recall plan in the United States, Tesla is also going to recall some of its imported models in China.
