SAIC

SAIC's software arm SAIC Z-ONE will build a smart driving platform using two Journey 5 chips, which will be used in SAIC's models to be launched in 2023.

In June, SAIC's NEV sales accounted for 18.88 percent of total sales. The company aims to increase that share to at least 32 percent by 2025.

Solid-state batteries with a range of more than 1,000 kilometers, developed by the two companies, will be the first to be installed in a new SAIC-owned model next year.

Nio doesn't seem to be alone in trying to get cell phones to interact better with vehicles.

SAIC is conducting an internal assessment, which is expected to allow production to restart with the Covid lockdown still in place.

SAIC sold 443,045 units of all vehicles in March, with NEV sales contributing 16.8 percent.

IM Motors is expected to start allowing test drives on April 9, with first deliveries starting in late April.

Rising Auto unveiled the R7 on February 22, becoming the second carmaker after Nio to offer a battery swap-enabled model to the general public.

This was down 37.3 percent from 72,236 units in January and accounted for 14 percent of the group's sales of all models in February.

Rising Auto will invest RMB 20 billion ($3.16 billion) over the next five years and will focus on the mid- to high-end NEV market priced at RMB 200,000-500,000.