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Apollo Future Mobility, a Hong Kong-listed company, announced on January 12 that it would acquire a subsidiary of Chinese automaker WM Motor for $2.02 billion. This is a strong indication of WM Motor's plan to carry out a public listing through a reverse takeover.
William Li, the co-founder and CEO of Chinese electric vehicle firm NIO, offered insight regarding user experience, supply chains, production capacity, and recent progress of the firm's mobile phone business.
On Tuesday, the China Passenger Car Association (CPCA) released its National Passenger Car Market Analysis Report for the month of April.
Recent years have witnessed a new generation of electric vehicle companies chip away at China's auto market share, and traditional car firms are gradually conforming to the trend with the launch of their own new energy sub-brands.
A recent report indicates that during China's 14th Five-Year Plan period, the penetration rate of new energy commercial vehicles is expected to increase rapidly, while the business volume of used cars also stands to increase.
NETA Auto, a vehicle marque under Chinese firm Hozon Auto, announced on September 28 that it will enter the Israeli market after it signed a strategic cooperation agreement with Blilious Group, Israel's leading distributor.
The first spy photos of the rear end of the MONA, a brand under XPeng Motors, have been exposed. It is expected to be named "Xiangwang 03".
XPeng Motors is actively expanding its Robotaxi team, currently recruiting for multiple positions with high salaries, with the highest annual salary approaching one million yuan.
Technology industry research institution IDC released a new report, which indicates that the penetration rate of L2 autonomous driving in the Chinese passenger car market is as high as 23.2%.
On September 7, Hanma Technology, which focuses on the manufacturing of heavy-duty trucks, reiterated that it would cease its production of fuel vehicles in 2025 and instead enter the field of new energy heavy-duty trucks.
On April 28th, the BYD Destroyer 05 Champion Edition was launched for sale. The new car has a total of 5 configurations with a price range of ¥101,800 to ¥148,800 RMB (about $15,000 to $22,000 USD).
On April 18th, the 20th Shanghai International Automobile Industry Exhibition officially opened. BYD debuted multiple models including: YangWang U8, Song L concept SUV and BYD Seagull.