Deals
Xpeng, Gaode Map partner to bring smarter navigation to P7
Alibaba-backed Auto-Navi Software Co., also known as Gaode Map, released its third-generation in-car navigation system on January 22, and Xpeng Motors is the first company to use it.
Foxconn, Geely to set up joint venture to OEM for third-party auto firms
Foxconn and Geely each hold 50 percent of the shares, and the chairman will be appointed by Foxconn.
Xpeng secures credit lines totaling RMB 12.8 billion from five Chinese banks
Xpeng today announced that it has received credit facilities totaling RMB 12.8 billion from five Chinese banks to support its business operations and the construction of its production and sales and service systems.
Xiaomi, BYD deny rumors of joint car manufacturing
The car was said to be a convertible electric model with a pre-order price of RMB 84,999 yuan.
SAIC's high-end EV brand partners with CATL to develop cars with range of up to 1,000 km
The battery's energy density will be 30-40 percent higher than the current industry-leading level and can achieve a maximum range of about 1,000km and zero decay for 200,000 km.
Nio signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021
They will strive to achieve at least 100 million kWh of clean electricity for new energy vehicle users in 2021, and promote the low carbonization of the whole life cycle of new energy vehicles.
Chinese audio platform LIZI surges 100% after announcing co-op with Xpeng
LIZHI (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, saw its shares double after announcing its cooperation with Tesla's Chinese rival Xpeng Motors.
Chinese retail giant Suning may offer big subsidies for Nio car purchases on its online platform
Chinese retail giant Suning may offer consumers a big discount on Nio cars in its upcoming shopping promotion.
Nio pulls out of JV with Changan Automobile
Nio has exited from the joint venture it created two years ago with Changan Automobile, the latter's semi-annual report for 2020 released August 31 showed.
CATL becomes major supplier of Mercedes-Benz
Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, and Mercedes-Benz today announced that they are strengthening their partnership in the field of battery technology.