Bankrupt WM Motor Chairman Freeman Shen and Family Reportedly Move to the United States
Founder and chairman of WM Motor is reported to have flown to New York on October 16, leaving 40 billion yuan worth of debt behind.
10/18/20233 min read
Category: Auto
Showing 12 of 1695 posts in this category
Autonomous Driving Startup TuSimple Agrees to U.S. Regulations
Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
2/25/20222 min read
China Held 57% Share of Global New Energy Car Market in First Four Months of 2022
Cui Dongshu, Secretary General of the China Passenger Car Association, issued a post on Saturday claiming that in 2022, the country's new energy passenger cars accounted for 57% of the global market, due mainly to strong domestic demand.
BYD New Energy Vehicles to Enter Jordanian Market
BYD, a leading Chinese manufacturer of new energy vehicles, announced on September 28 that it has entered into a cooperation with Bustami & Saheb Trading Company (BSTC), Jordan's leading car dealership group.
Zeekr 001 Owners Issue Joint Statement After Inconsistencies in Skylight Color
In the statement, the owners hope that Zeekr can give explanations, claiming that they "do not accept misleading consumption, do not recognize the blue skylight, and are not satisfied with Zeekr's turning a blind eye."
10/26/20213 min read
The 2024 XPeng P5 Officially Launches: Streamlines to Two Models
On September 25, the 2024 XPeng P5 car was officially launched with a total of 2 models available.
Leapmotor Files for Hong Kong IPO
Electric vehicle firm Leapmotor submitted an application for a public listing to the HKEx on Thursday, with China International Capital Corporation (CICC), Citi, JPMorgan Chase and CCB International serving as co-sponsors.
3/18/20223 min read
BYD Expands Business Scope into Motorcycles
Recent pictures of a motorcycle being tested by personnel working for BYD have been circulating around Chinese news outlets. BYD has confirmed that it is developing motorcycles in partnership with another company.
XPeng and JiDU to Use SVOLT's Short Blade Battery
Yang Hongxin, Chairman and CEO of Changzhou-based battery firm SVOLT, revealed on September 1 that JiDU, XPeng and other brands will use SVOLT's short blade battery in their products.
9/2/20223 min read
U.S. Agency to Review Pony.ai's Reporting of Autonomous Driving Accidents
The NHTSA said on Tuesday that it will review whether autonomous driving startup Pony.ai has complied with the government's reporting requirements for unmanned vehicle traffic accidents.
3/30/20222 min read
Xiaomi Has "No Immediate Plans for Overseas Car Sales in the Near Future"
For now, Xiaomi Auto's primary focus remains on the domestic Chinese market, says Lu Weibing, the President of Xiaomi Group.
Geely Group to Launch Converged Online Car-Hailing Platform 'Xingfu Qianwanjia'
Geely will launch a converged online car-hailing platform called 'Xingfu Qianwanjia', which means 'bringing happiness to tens of thousands of families' in Chinese.
12/3/20213 min read