Geely's EV brand Zeekr reportedly plans to deliver 10,000 units of Zeekr 001 within this year
Zeekr plans to deliver 10,000 Zeekr 001 units within the year, with monthly sales expected to exceed 10,000 units next year, according to local media.
Tesla Model Y insurance registrations in China up 131% in May from April
Tesla's sales in China plunged in April from March, but the numbers have rebounded sharply in May as production capacity has recovered.
China's NEV sales expected to grow at annual rate of over 40% in next five years
In the next five to eight years, China will gradually phase out and replace about 200 million vehicles with exhaust emissions that meet only "China IV" standards and below, giving the electric vehicle market huge space.
Chinese city Jinan to reward local NEV firms with 1 million yuan for each new model released
Perhaps seeing the huge success of central China's Hefei city in its investment in Nio, another Chinese city is upping the ante on the new energy vehicle industry.
Xpeng to release G3i, a facelift of G3 SUV, in July
Chinese electric car company Xpeng Motors said Friday that it will launch a facelift of its compact SUV G3, the G3i, in July, with deliveries starting in September.
Nio partners with Beijing real estate developer on battery swap station
Beijing Electronic Zone High-Tech Group said Friday it has entered into a partnership with Nio to bring the latter's second-generation battery swap station into its digital new media innovation industrial park in Beijing.
Chinese LiDAR startup Zvision secures Intel investment
Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.
Huawei betting big on its auto business with aggressive hiring
Chinese tech giant Huawei is placing heavy bets on its automotive business, with the latest job postings showing the company wooing talent with attractive salary levels.
Chinese official suggests extending new energy vehicle purchase tax exemptions
The current deadline for China's vehicle purchase tax exemption for new energy vehicles is December 31, 2022.
Nio's battery supplier CATL's new project goes into operation with annual capacity of 15GWh
As the world's largest power battery supplier, Nio and Tesla's battery supplier CATL is expected to further consolidate its leading position with the addition of more capacity.