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."

Chinese firm's millimeter-wave radar that can detect cans 180 meters away to be mass produced in Q4

While LiDAR is all the rage in the new energy vehicle market, it doesn't mean millimeter-wave radar is being left behind.

Nio, Xpeng, Li Auto have lots of new energy credits, here's how much they're worth

The current trading price per unit of the new energy credits has risen from an initial RMB 300 ($47)-RMB 500 to RMB 2,500-RMB 3,000, an increase of up to 9 times.

FAW-Volkswagen reportedly plans to cut production by 30% in Q2 as chip shortage affects 29 models

FAW-Volkswagen had planned to produce about 610,000 vehicles in the second quarter of this year, but due to chip shortages, it is expected to produce only 400,000 vehicles, a cut of about 30 percent, yicai.com reported Monday.

Xpeng said to release first large SUV in 2022

Xpeng Motors will release its first large SUV in 2022, which will be the company's fourth model and will be comparable in size to the Nio ES6, local media reported Monday.

Nio ES8 involved in accident in Beijing, severely damaging car's front end

At a time when Tesla is in the spotlight due to continued reports of vehicle accidents, one of its main competitors in the Chinese market, Nio, has been involved in what appears to be a similar incident.

Nio renews contract with JAC, annual capacity to be doubled to 240,000 units

JAC will expand its annual production capacity to 240,000 units in order to meet the growing demand for Nio vehicles, the company said in a statement.

Huawei reiterates it won't be involved in building cars or investing in any automakers

Rumors about tech giant Huawei building cars come out every once in a while. Now the company has reiterated its stance in order to reassure China's increasingly competitive electric car industry.

Analysts praise Li Auto's move to ditch Mobileye in favor of local chips

To analysts, this is not only a smart move by Li Auto, but also heralds the upgrade of China's auto industry chain.
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