Nio puts its 321st battery swap station into operation

A new Nio battery swap station went into operation on July 26, bringing the total to 321. The facility is located in Changsha, Hunan Province.

Faraday Future says one version of FF 91 has sold out of all available capacity

The FF 91 Futurist Alliance was sold out on July 25 after it began accepting pre-orders last week, according to information on Faraday Future's (FF) website.

Xpeng's OEM Haima Motor has a tough road ahead

Haima Motor last entered the spotlight because it sold apartments to survive. Its situation seemed to have improved after it began to produce the G3 for Xpeng Motors, however that partnership is coming to an end.

Xpeng sets up new firm in Hainan with business scope including AI software development

Xpeng fell more than 8 percent to HK$152.4 at press time amid a widespread sell-off in Hong Kong stocks. Hong Kong's Hang Seng Index fell 3.5 percent, while the Hang Seng Technology Index dropped 6 percent.

Huawei files patent for self-driving vehicles to measure depth of water

Huawei recently made public a patent it is applying for related to identifying water depth in self-driving vehicles, which, if put to use, is expected to help save vehicles from unnecessary risks.

Chinese auto chip maker SemiDrive raises $154 million in Series B funding

SemiDrive develops high-performance automotive-grade chips covering smart cockpits, central gateways, autonomous driving, and highly reliable MCUs. It closed an RMB 500 million Series A investment in May 2020.

Chinese AI firm SenseTime says it has solved nighttime smart driving challenges

Chinese AI company SenseTime recently said that its smart car solution brand SenseAuto has solved the challenges facing smart driving at night, "making the night less dark."

China to see non-fossil energy generation capacity exceed coal power for first time this year

By the end of the year, China's installed power generation capacity will be 2.37 billion kilowatts, up 7.7 percent year-over-year, the report said.

GAC Toyota's NEV project with annual capacity of 200,000 units goes into operation

The first phase of GAC Toyota's new energy vehicle capacity expansion project went into operation Sunday, with an expected annual capacity of 200,000 units, the company said.

Li Auto reveals product roadmap, will launch at least two pure electric models every year from 2023

Starting in 2023, Li Auto will launch two new platforms, the Whale and the Shark, and plans to launch at least two premium all-electric vehicles per year by then.
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