China steps up EV push in public sectors
China will start letting local cities apply to participate in a full-scale electrification pilot and study support policies in the hope that electrification of the public sector will boost private consumption.
Tesla says it has built data center in China to store all local data
All data generated from vehicles sold in the Chinese mainland will be stored locally, the company said.
Li Auto launches new Li ONE, standard version costs $1,560 more than current model
This price comes as a surprise to many, as just last Friday, a well-known car blogger said that the new Li ONE will be priced at RMB 400,000, up RMB 72,000 ($11,000) from the current model.
Code name 'Gemini' sparks speculation that Nio could launch entry-level model
A tender announcement issued half a month ago by Nio's OEM JAC was widely reported in the Chinese auto media today, sparking speculation that the electric carmaker will launch an entry-level model.
Average unit price of new energy credits in China stood at about $188 in 2020
New energy vehicle credit policy is a key weapon in China's push to transition the sector to electrification, forcing higher costs on slow movers and rewarding first movers.
WM Motor's first electric sedan to be named after its concept car Maven
WM Motor's consumer-facing products will be divided into the W series and M series in the future, with the former being SUVs and the latter sedans.
SAIC's overseas sales rose 118% year-on-year to over 87,000 units in January-April
China's new energy vehicle exports were nearly 70,000 units in 2020, with SAIC contributing nearly 50 percent.
Honor focuses on mobile business, won't get involved in making cars, CEO says
He said that many people say cars are a replacement for smartphones, which is nonsense.
First model sold in Huawei channel said to have over 10,000 orders
Seres said Tuesday that the Seres SF5 will be delivered to their first owners on May 29.
State media says 'the future is here' after visiting Nio factory
State-owned Xinhua News Agency made a site visit to Nio's factory in Hefei and published an article titled "The future is here - A visit to Nio."