Evergrande's car making arm starts trial production, says it can produce a car per minute in the future
The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.
Didi and BAIC unveil next-gen L4 self-driving car
Chinese ride-sharing platform Didi Chuxing's new generation L4-class automated driving vehicle, a collaboration result between Didi and BAIC, was unveiled for the first time at the World Smart Connected Vehicle Conference on 11 November 2020 and offered for test rides.
BYD's new A+ sedan design sketches revealed
In order to further increase its model portfolio, BYD will launch a new A+ class sedan, according to mydeivers.com. BYD currently has popular sedan models including Qin, Han, and SUV models including Song, Yuan, Tang which are all named after China's dynasties.
Leading VC explains why they are betting heavily on China's smart EV sector including Li Auto and Xpeng
In a report released today, Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, says it is not surprised by the popularity of electric vehicles in China today, as it very much recognizes the underlying revolution that smart electric vehicles will bring.
China releases 'Smart Connected Vehicle Technology Roadmap 2.0'
China released the "Smart Connected Vehicle Technology Roadmap 2.0" on November 11, detailing the development route, vision and strategic goals of intelligent connected vehicles.
China's October new energy vehicle sales double from same month last year
A total of 160,000 new energy vehicles were sold in China in October, up 104.5% year-on-year, data from the China Association of Automobile Manufacturers showed on Wednesday.
Li ONE continues to top China's new energy SUV sales with 3,438 insurance registrations in October
The Li ONE, the only model of Chinese electric vehicle maker Li Auto (NASDAQ: LI), saw 3,438 insurance registrations in October, according to data released by the Beijing CATARC Data Technology Center on November 10.
Bitauto, created by Nio founder, delists from US stock market in $1.1bn deal
Bitauto (NYSE: BITA), the Chinese Internet car service provider founded by Nio (NYSE: NIO) founder William Li Bin, has completed a merger and delisted from the New York Stock Exchange on Friday.
Nio and Tesla are starting to face each other
"Now that Nio's average unit sales price is about RMB 150,000 higher than Tesla's in China, our customers are not quite the same class of user as Tesla, and there's a significant differentiation in the brand range," Nio founder, chairman and CEO William Li Bin said at the launch of Nio's 100-degree battery pack on November 6.
Tesla extends multimedia memory card warranty on select Model S, X models
Tesla said today that it is adjusting its 8GB embedded multimedia memory card (eMMC) warranty from four years or 80,000 km, whichever comes first, to eight years or 160,000 km, whichever comes first, for Model S and Model X manufactured before March 2018.