Audi plans to launch 6 new energy vehicles in China this year
German premium automaker Audi plans to launch six new energy vehicles in China this year in cooperation with China FAW, according to Werner Eichhorn, president of Audi China, at an online press conference.
Will Apple Car be a threat to Nio, Xpeng and Li Auto?
In the opinion of one analyst who follows the industry closely, the answer is no.
Xpeng says NGP user mileage tops 500,000 km 14 days after launch
Xpeng said its public beta version of the Navigation Guided Pilot (NGP) assisted driving feature has reached 514,973 kilometers of user mileage14 days after its launch.
Shanghai will no longer issue free license plates for plug-in hybrid vehicles starting in 2023
From January 1, 2023, Shanghai will no longer issue free special license plates to individual users as well as corporate users who purchase plug-in hybrid (including extended-range) vehicles.
Nio's William Li withdraws as legal representative of GAC Nio
GAC Nio was established on April 10, 2018, with GAC Group and GAC New Energy each holding 22.5%, Nio and Nio Fund each holding 22.5%, and the remaining 10% of shares held by the founding team.
WeRide becomes first self-driving company in China to receive ride-hailing license
WeRide, with L4 autonomous driving technology, has become the first autonomous driving company in China that receives a ride-hailing operation license, which was issued by the Guangzhou Municipal Bureau of Transportation.
Analyst says Nio would still be years away from entering US market
Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.
Evergrande's car-making arm launches 3 new models, expanding its model lineup to 9
The Hengchi 7 is an all-electric B-class luxury sedan, Hengchi 8 is an all-electric C-class luxury coupe, and Hengchi 9 is an all-electric B-class luxury midsize SUV.
Chinese ministry encourages financial institutions to lower down payment ratios and loan interests for individual car purchases
The document encourages areas where purchase restriction policies exist to tilt plate quotas toward new energy vehicles, give support to carless families to purchase their first new energy family car, and study measures that do not restrict purchases.
Tesla China exec says company is not icy to Chinese consumers
It can only be called icy if Tesla doesn't communicate with consumers at all, Tom Zhu Xiaotong, Tesla President for Greater China, said in an interview.