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Rumors have emerged recently on Chinese social media that Li Xiang, the founder and CEO of Beijing-based electric vehicle firm Li Auto, is planning major staff cuts during the second quarter of this year.
Yang Xudong, an officer of China's Ministry of Industry and Information Technology (MIIT), said that the government will aim to support the domestic automobile computer chip industry.
Regarding reports that NIO was planning to launch a third EV brand besides NIO and "ALPS", the carmaker replied: "There is no information available for disclosure at present."
Chinese internet giant Baidu announced plans on November 29 to build the world's largest autonomous ride-hailing service area next year. The message came during a celebration of Apollo Day, the firm's autonomous driving tech event.
On January 5, BYD's new luxury electric vehicle brand Yangwang, which had been promoted by the firm for a long time, was officially unveiled. During a media event, the new U8 sports utility vehicle and U9 pure electric supercar were shown.
On November 11, Faraday Future announced that Max Ma has been appointed Global CEO of its wholly-owned subsidiary, Faraday X aiEV Inc.
Beijing Benz, a joint venture between Mercedes-Benz and Chinese automaker BAIC Motor, filed a recall plan on October 28. The move expands a recall plan for certain EQA, EQB and EQC electric vehicle models released on February 18, 2022.
JIDU, an intelligent electric vehicle company backed by Baidu and Geely, unveiled on Wednesday its first concept robocar, the ROBO-01.
On July 6, the solid state battery joint laboratory was established by SAIC, a car company, and QingTao Energy, a developer of solid-state batteries.
On April 10th, BYD officially released the industry's first new energy exclusive intelligent vehicle body control system - "DiSus"
Geely's electric vehicle brand Zeekr announced on November 17 that its M-Vision concept car will be mass-produced in 2024. Meanwhile, a driverless car jointly developed by Zeekr and Waymo, an autonomous driving company, also officially appeared in Los Angeles.
It has been learned from people familiar with the matter that the biggest organizational change in BYD this year will be the independent operation of the company's automobile brands. The adjustment began with the Academy of Engineering, the core department for R&D at BYD.