Zeekr to Announce EV Chip Upgrade on July 11
Smart pure electric car brand Zeekr announced on July 8 that it would organize the Zeekr Evolution Day on July 11, during which it is expected to unveil a new 8155 chip upgrade service.
7/8/20222 min read
Category: Auto
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Avatr Plans to Acquire 10% Stake in Yinwang, Valuing Huawei's Car BU at Over One Trillion Yuan
On August 19, Changan Automobile announced that its joint venture, Avatr Technology, plans to buy a 10% stake in Huawei's subsidiary, Yinwang, for 11.5 billion yuan. After the deal, Avatr will hold a 10% share, while Huawei will retain 90% of Yinwang.
Xiaomi's First Car Aims to Ship 300 Units in December, with Preparations Underway for the Exhibition Vehicles
Xiaomi's Yizhuang factory aims to complete the target of assembling 300 vehicles this month for the purpose of supplying display cars to terminals.
XPeng Launches G9 Flagship SUV, Starting from $43,968
Chinese EV maker XPeng revealed its 4th production model, the G9 Flagship SUV, for the Chinese market on September 21. The G9 will start from 309,900 yuan up to 469,900 yuan with the first deliveries for customers in China expected to be in October.
9/21/20224 min read
Geely and Volvo-Backed Polestar O2 Concept EV Released
Polestar, an electric vehicle (EV) brand jointly backed by Geely and Volvo, launched a new concept convertible sports car called the Polestar O2.
BYD Secures Discounted Prices for Lithium Battery Materials in Chile
On April 19th local time, the official website of Chilean state-owned company CORFO announced that BYD Chile has been awarded the status of a qualified lithium producer, so that it can obtain preferential prices for battery-grade lithium carbonate quotas.
Niu Technologies Sells Nearly 400,000 E-scooters in China, Overseas Sales Fall by 11.2%
Niu Technologies, a two-wheeled electric vehicle (EV) brand, released its third-quarter sales data on Monday. The company sold 397,079 e-scooters.
BYD Expects Profits to Top $2.5B in 2022
Chinese electric vehicle and battery maker BYD released its performance forecast for 2022 on January 30. The company expects to have achieved an operating income exceeding 420 billion yuan ($62.19 billion).
A Chinese Company Encourages Employees to Sell Their BMW Cars
On April 21st in Suzhou, China, rumors have it that a certain company has issued a notice requiring employees who drive BMW branded vehicles to sell them within one month and replace them with domestic cars.
China Passenger Car Association Announces Sales Rank of NEVs in China in May
According to statistics released by the China Passenger Car Association Cars (CPCA) on Friday, the sales volume of domestic passenger cars reached 1.354 million units in May, down 16.9% year-on-year.
6/10/20222 min read
NIO to Spin Off Battery Production Unit by Year-End
Chinese EV maker NIO is planning to separate its battery production unit as part of its strategy to become more profitable, according to anonymous sources cited by Reuters.
BYD Inks Deal With Malaysian Auto Dealer Sime Darby Motors
Chinese electric vehicle manufacturer BYD signed a contract on September 28 with Sime Darby Motors (SDM) Malaysia, reaching a cooperation agreement regarding passenger cars.
10/10/20222 min read