Geely announces new firm to focus on forward-looking EV technologies
Geely plans to inject RMB 2 billion ($307 million) into the new company, with Geely Auto holding 51% and Geely Holding Group holding 49%.
Deutsche Bank reiterates Buy rating and $48 price target on Xpeng
In the long term, Xpeng management expects the price of XPILOT to increase in the future, beyond the current RMB 20,000 yuan.
BYD Yuan Pro launched, priced from around $18,638 after subsidies
The BYD Yuan Pro electric vehicle went on sale on March 21, priced at RMB 121,300 ($18,638) and RMB 131,400 after subsidies for both models.
Analysts calculate how Tesla could launch 'Model 2' with price tag of $25,000
While Tesla executives have denied there were plans to launch a $25,000 'Model 2,' analysts are envisioning the product's arrival.
Nio, Li Auto and Xpeng reportedly hire banks to prepare for Hong Kong listings
Nio has contacted Credit Suisse and Morgan Stanley to offer 5 percent of its total share capital in Hong Kong, the report said, citing sources who added that Nio could also go public in China's A-share market.
ID.4 CROZZ, a major player in China's EV market from Volkswagen, begins deliveries
The ID.4 CROZZ is based on VW's MEB platform and is considered the first truly market-competitive all-electric vehicle for a joint venture brand in China.
Xpeng spotted using P7 sedan to test LiDARs
The car is equipped with a LiDAR on the roof mount and one on each side of the front end.
Nio signs agreement with state-owned infrastructure firm to accelerate battery swap station construction
Under the five-year strategic cooperation agreement, the two companies agreed to cooperate in the construction of battery swap stations along the Beijing Capital Ring Expressway.
BYD Auto app starts internal testing
The app is linked to BYD's cloud services account and integrates features of BYD's existing products, including cloud services, user community, and online mall.
Tesla China denies monitoring users through in-car cameras
Tesla China has denied that the company is monitoring its car owners through in-vehicle cameras, which has been hotly discussed by Chinese Internet users.