BYD and Didi's customized vehicles for ride-hailing rolling off line at daily average of nearly 400 units
The customized vehicles for ride-hailing launched by Chinese automaker BYD and Didi, the Chinese equivalent of Uber, are rolling off the production line at a rate of 60 seconds each, with a daily average of nearly 400 units.
China's Hainan province requires new and replacement govt cars and buses can only be NEVs
China's southernmost province of Hainan requires that new and replacement official cars and buses can only be new energy vehicles and proposes to add 25,000 new energy vehicles in the province in 2021.
Nio Capital invests in firm that provides self-driving solutions for mining vehicles
Nio Capital is a private equity investment institution with RMB 10 billion funds under management.
Tesla's US rival Lucid Motors says exploring possibility of building plant in China
Tesla's biggest US rival, Lucid Motors, said it is now considering the possibility of building a factory in China, the Shenzhen-based Securities Times reported Wednesday.
Nio, Xpeng, Li Auto earnings coming, what to watch
At a time of fragile market sentiment, investors are anticipating good news from the fourth quarter earnings report.
Xpeng holder reportedly offers 10.5 million shares as IPO lock-up expires
Xpeng Motors holder Shanghai Cheyou offers 10.5 million ADR via Goldman Sachs as the 180-day lock-up period on shares of the company expired February 22, according to Bloomberg.
China's power battery output up 317.2% year on year in January
China's power battery production in January 2021 totaled 12.0GWh, up 317.2% year-on-year and down 20.4% from the previous month, according to a latest report.
Huawei's new patent allows two EVs to charge each other
Huawei disclosed a patent for "electric vehicles and methods for charging between electric vehicles" on February 23, according to data provider Qichacha.
Tesla reportedly to hire more staff for China PR team
The new hires will work in Shanghai and Beijing, the report said, adding that at least four new employees have recently joined the team, focusing on PR.
Tesla makes details of repair and maintenance charges public for first time in China
Tesla repair and maintenance prices are not high, most items are only about 50% of the price of traditional luxury cars such as Mercedes-Benz, BMW, and Audi.
