Chinese firm releases chips for cars based on Imagination PowerVR GPU
Nanjing-based SemiDrive recently announced the X9, V9 and G9 automotive chips, based on Imagination PowerVR GPUs.
Baidu builds world's largest self-driving R&D center in Beijing
Baidu has established a new research and development base for automated driving technology in Beijing.
Tesla's Shanghai Gigafactory phase II topped out, Model Y production expected by year-end
Aerial footage shows that part of the main building of the Tesla Gigafactory Phase II project in Shanghai's Lingang Industrial Zone has been completed and the project is about to enter its topping-out phase, according to Teslarati.
Chinese version of ‘Rolls-Royce’ Hongqi H9 said to be launched on July 9
The Hongqi H9, dubed the Chinese version of the Rolls-Royce, is likely to start pre-sale on May 30 and be officially launched on July 9, according to Mydrivers.com.
Nio has become a company with Chinese state capital with major shareholder change
According to Tianyancha, there was a change of shareholders of Nio Shanghai Automotive Co., Ltd. from Nio Nextev Limited to Nio (Anhui) Holding Co., Ltd. and a change of enterprise type from a limited liability company (sole proprietorship of Hong Kong, Macau and Taiwan corporations) to a limited liability company (sole proprietorship of foreign corporations).
Geometry C, a Geely new energy vehicle, uses the Nidec drive motor system E-Axle
Nidec recently revealed that the new Geometry C (Geometry C) from Geely is a 150kW Ni150Ex from Nidec's drive motor system, E-Axle.
Nio deliveries slip in Q1, shares plunge 13% pre-market
Nio's first-quarter revenue fell 15.9% year-over-year to 1.372 billion yuan, beating analysts' expectations of 1.287 billion yuan and exceeding the upper limit of guidance (1.21 to 1.27 billion yuan) previously given by the company, its first-quarter financial report showed.
Chinese EV maker Lixiang sees 10,000th Lixiang One roll off line
Lixiang Automotive today announced that the 10,000th Lixiang One has been rolled off the production line from the Lixiang Changzhou manufacturing facility.
Volkswagen to buy 50% of Anhui Jianghuai, report says
Volkswagen AG is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan ($491 million), Reuters reported Wednesday citing people familiar with the matter.
Tesla slashes prices in China again, dropping 29,000 yuan on imported Model S and Model X
Tesla announced today that it will reduce the price of all models on sale in North America, and in the Chinese mainland, the Model S and Model X, which are imported models, will also reduce their base prices.