
Xiaomi Aims to Deliver 120,000 Cars as Its Annual Target
Xiaomi announced an ambitious plan to deliver 120,000 units of the Xiaomi SU7 in 2024, as the demand for this model continues to surge.
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Xiaomi announced an ambitious plan to deliver 120,000 units of the Xiaomi SU7 in 2024, as the demand for this model continues to surge.

Since November this year, some car owners have reported that the computer chips loaded in Great Wall Motor's electric vehicle (EV) brand Ora are not consistent with official advertisements.

"In the last year or so, the price of lithium carbonate has exploded tenfold, and automakers are under tremendous cost pressure." Chen Hong, Chairman of SAIC Motor, said at the 2022 World New Energy Vehicle Congress on August 27.

As of now, more than 10 cities in China have allowed autonomous vehicles to engage in commercial trial operations, within specific areas and time periods, according to a a press conference held by China's Ministry of Transport on August 25.

Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.

On July 25, news emerged that Chinese auto giant GAC Group is now developing flying cars. This represents an important measure for the transformation of GAC as a traditional car company.

Polestar is much smaller than Lynk & Co, but compared to the integration between Lynk & Co and Zeekr, the merger between Polestar and Zeekr faces greater challenges and more internal disputes.

XPeng Motors announced that the head of the procurement department was suspended from duty, and multiple employees were cooperating with the investigation.

Lei Jun, Chairman, CEO and founder of Xiaomi, announced the new progress of Xiaomi's vehicle manufacturing business.

As the first electric vehicle maker with a monthly sales volume of over 20,000 units last year, Li Auto greatly reduced the year-end awards of employees. Affected by this, employees in many departments have left their jobs after the Spring Festival holiday.

Li Auto's representatives have confirmed a substantial reduction in their workforce. The total number of employees has fallen from its peak of over 30,000 to around 22,000 during the latest layoff period.

During this year's CES tech gathering in Las Vegas on January 3, Chinese electric vehicle giant BYD demonstrated its intelligent automotive cockpit equipped with US firm Nvidia's on-demand cloud gaming service, known as GeForce NOW.