Great Wall Motor acquires Daimler's plant in Brazil
The plant delivery is expected to be completed by the end of 2021, and it will have an annual capacity of 100,000 vehicles after the renovation.
Leapmotor announces closing of $690 million in new financing
Hangzhou government fund invested RMB 3 billion and other investors included CICC Capital, according to the announcement.
Self-driving firm Fabu Technology closes new $15 million round of funding
The funding will be used to land vehicle-road-cloud integrated product solutions in port transportation and urban feeder scenarios.
Opinion
Chip shortage fears resurface, does Nio need to worry?
Bosch on Wednesday announced closure of its Malaysian factory which supplies Nio, TSLA, Audi, VW, BMW & others. Audi Production may be closed due to this.
Tesla, Nio supplier CATL to build manufacturing base in Shanghai
CATL and the Shanghai government signed an agreement to build a manufacturing base in the city that is expected to make it more convenient for Tesla's battery supply.
WM Motor boasts its modified car can accelerate from 0 to 100 km/h in 1.8 seconds
The WM Weltmeister can accelerate from 0 to 100 kilometers per hour in 1.8 seconds, which surpasses the Tesla Roadster, Bugatti Chiron, and Porsche 918 Spyder Hybrid.
More owners object to joint statement defending Nio
As of press time, information from the Nio App shows that 4,594 people have participated in the topic of objecting to the statement.
OPPO discloses patent related to vehicle lights control
Although it has not yet been announced that it will enter the field of car making, OPPO is disclosing more and more patents related to vehicles.
CITIC Securities says BYD's reasonable market value should exceed RMB 1 trillion
More analysts believe BYD's market capitalization will exceed 1 trillion yuan.
Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three global share of the premium EV market.