Nio procures electric vehicle parts from Korean company
South Korea's Truwin Co. Ltd. said that it has signed a contract with Nio for the supply of "brake pedal sensors (BPS)" for electric vehicles and expects to supply 60,000 units in the first half of next year.
China's 2021 new energy vehicle subsidies to fall by 20 percent
China's new energy vehicle subsidies in 2021 will be backed down by 20% compared to 2020, four ministries, including China's Ministry of Finance, said in a document released today.
GAC Nio apologizes for Bitcoin statement
Hours after releasing a statement Thursday afternoon Beijing time that it will be the first car company in China to accept Bitcoin payments, GAC Nio has apologized for it.
GAC Nio says it becomes first automaker in China to accept payments in Bitcoin, then deletes post
GAC Nioannounced on Weibo today that it will accept Bitcoin payments for car purchases, the first of its kind in China.
Tesla Model 3 crashes into hotel lobby in Hangzhou, owner claims that the vehicle lost control
The owner also said that the brakes also failed at that time. After rushing into the hotel lobby, the airbags all popped open and the owner was not injured.
Tesla denies putting bad parts on cars, says production in strict accordance with Chinese law
Tesla is responding to previous media reports that it is trying to increase sales in China and that bad parts are being loaded onto cars.
Great Wall Motor aims to achieve China's first L3 autonomous driving with full vehicle redundancy by 2021
Great Wall Motor calls its driving system "Coffee Smart Driving" and says it can achieve sensing redundancy, controller redundancy, braking redundancy, architecture redundancy, power redundancy and steering redundancy.
Xpeng increases the number of cities offering free lifetime charging for car owners to 100
Xpeng began offering the free service on September 26, 2020, when Beijing became the first city to offer free lifetime charging to Xpeng owners.
Chinese transportation regulator releases document to provide guidance on smart car development
China will encourage research on the traffic characteristics and impact mechanisms in the case of mixed autonomous driving and manual driving and support the establishment of a reliable and efficient operation monitoring system.
Shanghai extends policy of issuing free NEV plates until end of Feb, which could further boost sales of Tesla and Nio
As one of the cities with the largest number of cars, Shanghai's policy has a significant impact on the auto market. The city has extended its current policy of issuing free new energy vehicle plates as it expires in a few days.