BYD chairman says China's local EV brands have surpassed joint venture brands in technology
Whether it's styling technology, or core new energy vehicle technologies such as batteries, motors, and electric controls, China's local EVs are already ahead of joint venture brands, Wang said.
China's new energy passenger vehicle penetration rate rose to record high of 12% in May
The continued increase in sales of premium electric models so far this year, while traditional fuel vehicles have been more severely affected by chip shortages, has allowed new energy passenger car penetration to rise rapidly.
Pure electric bulldozer goes into service in China, first of its kind in the world
It can work for 4-5 hours under heavy-duty conditions and 6-8 hours under medium- and light-duty conditions, reducing overall usage costs by more than 60 percent compared with traditional fuel-powered equipment.
Nio still under pressure overall, but not due to competition, says William Li
In the opinion of William Li, founder, chairman, and CEO of Nio, the Chinese electric vehicle company is not worried about the growing competition, but more about whether its decisions will show results in the future.
Nio's William Li calls for China to establish chip coordination group
Li said each car company has a different chip shortage, so he called for the industry to establish a chip coordination group to better balance supply and demand.
BYD in talks with Xiaomi for co-op in car building, says chairman
BYD Chairman and President Wang Chuanfu has clarified the comments about Xiaomi after they sparked widespread discussion.
Xpeng's average sales price exceeds $39,000, CEO says
He said that three of China's top 10 electric vehicle brands currently sell for more than 250,000 yuan, including Tesla and Xpeng.
Li Auto says 2021 Li ONE available at all 91 of its retail centers in China
Li Auto says the model is now available at its 91 retail centers in China as its sales network in five cities, including Changsha and Harbin, see the arrival of the 2021 Li ONE.
China's LFP battery installations jumped about 460% in May from a year earlier
Lithium iron phosphate batteries were installed at 4.5GWh, with a market share of 46 percent, up 458.6 percent year-on-year and 40.9 percent from April.
Huawei HarmonyOS expected to reshape in-car OS landscape, analysts say
HarmonyOS makes up for the shortcomings of the current in-car operating systems and is expected to reshape the in-car OS landscape, CITIC Securities said.