Xpeng reports Q2 revenue of RMB 3.76 billion, above expectations
Xpeng Motors reported revenue of RMB 3.761 billion in the second quarter, beating market expectations of RMB 3.436 billion.
Baidu Apollo launches self-driving routes in Beijing's Tongzhou District
Tongzhou was turned into the Beijing Municipal Administrative Center to restructure the spatial pattern of Beijing. It covers a total area of about 155 square kilometers.
Nio's new battery swap station with Sinopec opens in Dalian, bringing total to 391
The station in Dalian is the latest battery swap station that we have seen built by Nio and Sinopec after Beijing, Taiyuan and Shijiazhuang.
Tesla Model 3 becomes first EV to sell over 1 million units
Global deliveries of the Tesla Model 3 have reached 1,031,588 by the end of the second quarter, making it the first EV to sell more than 1 million units.
Tesla begins deliveries of Model Y Standard Range in China
The first Model Y Standard Range models were delivered to customers in Beijing on August 26, a month and a half after the model opened for pre-orders on July 8.
China ranks No. 1 in EV sales for 6th consecutive year, report says
The MIIT released its annual report on the development of China's automotive industry (2021) on Thursday, the first of its kind.
Guangdong NEV production up 204.8% year-over-year in Jan-July
From January to July, the value-added of the automobile manufacturing industry in Guangdong grew 20.7 percent year-over-year.
Xpeng CEO expects China's EV market to enter new fast track
The penetration rate of electric vehicles is generally more than 15 percent in first-tier cities, meaning customer acceptance of EVs is on the rise, He said.
BYD gears up for its expanded presence in battery sector by setting up new firms
In addition to the rapid growth in new energy vehicle production, BYD is also accelerating its expansion in the power battery sector.
Hainan issues first self-driving open road test license to Hongqi E-HS3
Traditional Chinese car companies are stepping up efforts to catch up with new car makers, including Xpeng Motors and Nio, in self-driving technology.
