Li ONE receives five stars in new safety test
Li ONE, the only model from Li Auto, received the highest rating in the latest China New Car Assessment Program (C-NCAP) on February 8, 2021.
SAIC's NEV sales reach 58,000 units in January, up 446.6 percent YoY
SAIC Motor said on February 8 that it became the top seller of new energy vehicles (NEV) in China in January with 58,000 energy vehicles sold in that month, up 446.6 percent year-on-year.
Smartisan founder Luo Yonghao voices his support for Nio and Li Auto
"Generally speaking, people who say Li Auto and Nio are bad are either those who have never touched their real cars or those who can't afford them. And then of course there are those who have taken sponsorship from their competitors," Luo said.
SAIC launches MARVEL R, first electric vehicle with 5G connectivity
The "R" brand, a high-end electric vehicle marque of SAIC, unveiled its 5G intelligent pure electric SUV MARVEL R on February 7, which is the world's first electric vehicle with 5G connectivity.
Nio says buyback of Nio China shares has nothing to do with the latter's IPO
Chinese electric carmaker Nio recently bought back and increased its stake in Nio China at a total cost of RMB 15.5 billion ($2.4 billion), which was seen by some as a move to prepare for Nio China's IPO. However, Nio has denied this.
Xpeng P7 said to have spontaneously combusted on the street, first for the model
A video showing an Xpeng P7 in a spontaneous combustion accident on the street went viral among Chinese Internet users on February 7. If true, this would be the first spontaneous combustion accident for the Xpeng P7 since its launch.
BlackRock, world's biggest asset manager, increases its position in Nio by 15%
Nio shares rose 156% in the fourth quarter, peaking at $57.20. The stock was traded at $56.67 as of the market close on Friday.
Nio's William Li says the EV maker hopes to have its own piece of market, citing China's Three Kingdoms era
Referring to his goal, Nio's Li quoted the famous Three Kingdoms era in Chinese history, and his words, if translated directly, were "The world is divided into three kingdoms, and we want to be one of them."
Li ONE gets V2.0.30 software update with new Smart Follow feature
Li Auto started to push a V2.0.30 software update to Li ONE owners from February 4, adding new features including Smart Follow.
Xpeng files patent for in-car gaming
Chinese electric car company Xpeng Motors (NYSE: XPEV) on February 5 disclosed a patent for the invention "a method and apparatus for controlling in-car games," according to data provider Tianyancha.