Nio, JAC to establish joint venture with Nio holding 49% of shares
The company plans to have a registered capital of 500 million yuan ($77 million ), with JAC contributing 51 percent and Nio 49 percent.
Meizu's just released a flagship phone that can serve as Xpeng car key
Meizu said that under their partnership with Xpeng, users touch the car door with the Meizu 18 Pro and the door will open. The feature supports models including the Xpeng P7 and newer models.
These are the Chinese cities with strongest demand for new energy vehicles
The top three cities for new energy vehicle sales in China in 2020 are Shanghai, Beijing and Shenzhen, and the cities with the highest sales growth rates are Chongqing, Shanghai and Zhengzhou, according to a report released by Chinese search giant Baidu.
Nio's first 2nd-gen battery swap station may open in Beijing on April 15
Some customers and Nio staff have already worked together to experience the battery swap process, which takes 2-3 minutes.
Expert downplays impact of chip shortage on China's auto industry
As domestic companies gradually increase the production of chips, I believe the shortage of automotive chips in the industry at present did not cause too big a shortage impact, the future impact will also gradually dissolve, Cui said.
ZTE confirms it has set up automotive electronics team
Tencent News said ZTE's goal of getting involved in the automotive field is quite similar to Huawei's, namely to be a tier-one supplier to car companies, the report said.
CICC maintains $85 price target for Nio, says sales expected to remain high in 2021
CICC said it expects Nio to sell 93,000 units in 2021 and is bullish on the company's medium- to long-term volume growth.
Baidu's Robin Li calls for further policy support for commercial use of autonomous driving
In the field of intelligent transportation in China, Baidu's Apollo, released in 2017, is a pioneer and is conducting open-road driverless tests in Beijing, Changsha, and California.
Deutsche Bank reiterates $70 price target on Nio, says recent stock weakness buying opportunity
The team raised its full-year sales estimate for Nio by 6,000 units to 96,000 units.
Xpeng launches P7 and G3 models with lithium iron phosphate batteries, deliveries to begin in next two months
Xpeng announced Wednesday the launch of the P7 and G3 models with lithium iron phosphate batteries, both of which will be available for sale now, with deliveries of the former expected to begin in May and the latter in April.