
Xiaomi Car to be Manufactured by BAIC with BYD Battery
Today, the Chinese Ministry of Industry and Information Technology announced the declared model information of Xiaomi's car. BAIC will be the manufacturer, with BYD as the battery provider.
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Today, the Chinese Ministry of Industry and Information Technology announced the declared model information of Xiaomi's car. BAIC will be the manufacturer, with BYD as the battery provider.

At the beginning of 2022, several Chinese car manufacturers released delivery data for December 2021, showing the development potential of the country's electric vehicle (EV) market.

The Changsha division of Chinese carmaker BYD has been in the public spotlight as of late following allegations of damaging pollution. The factory was reportedly shut down for rectification.

At the Chengdu Motor Show on August 26, GAC AION launched its 2023 AION V Plus pure electric SUV. The new vehicle is available in 10 versions, including a 7-seat version for the first time.

On October 24th, NIO announced that it has built a total of 600 battery swapping stations on highways.

AITO, a high-end smart car brand jointly operated by Huawei and SERES, a subsidiary of Chongqing Sokon Industry Group, is reportedly expanding its sales channels.

The BYD Yuan Plus, the first A-class SUV from the Shenzhen-based company's all-electric e-platform 3.0, on February 19 simultaneously entered the Chinese and Australian markets.

Chinese electric vehicle maker Li Auto witnessed its revenue in the fourth quarter last year increase by 66.2% year-on-year to 17.65 billion yuan ($2.54 billion). Its 2022 revenue was 45.29 billion yuan ($6.53 billion), up 67.7% year-on-year.

On September 1, mainstream Chinese new energy vehicle (NEV) enterprises announced their delivery results for the month of August. The delivery volume of NETA Auto was 16,000 units, ranking first in the delivery list of new Chinese carmakers in the month.

Evergrande Auto, the automobile manufacturer under Chinese real estate developer Evergrande Group, announced on Wednesday that it had signed an agreement with its placement agent on Tuesday.

On September 14th, spy shots and real-life videos of Li Mega, Li Auto's first battery electric vehicle model, were revealed.

Chinese EV maker XPeng officially launched its flagship SUV, the G9, two days ago. However, its complex configuration has exposed the company to much criticism. It has announced an overhaul, which has resulted in a price reduction of 20,000 yuan ($2,805).