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In recent months, new owners of the 460 version of XPeng's P5 electric vehicle model across China have encountered delays in delivery due to tight supply of vehicle batteries and other components.
Li Xiang, chairman and CEO of Li Auto, revealed the electric vehicle maker's target - to occupy 35% of the passenger car market with a price range of more than 200,000 yuan ($28,997) in 2027, and to become the world's leading artificial intelligence enterprise in 2030.
The 20th Shanghai International Automobile Industry Exhibition opened on April 18th. The exhibition showcased an impressive portfolio of EV models from Chinese firms, while many large multinational car companies were represented by their leaders who attended in person.
Chinese electric vehicle maker BYD released its financial report for the first quarter of 2022 on Wednesday. The company garnered a revenue of 66.825 billion yuan ($10.2 billion) in the first quarter of 2022.
XPeng Motors and Alibaba Cloud announced on August 2 that they have jointly built China's largest intelligent computing center for automated driving in Ulanqab, Inner Mongolia. The center is to be used for autonomous driving vehicle model testing.
Qin Lihong, President and Co-Founder of NIO Inc., a Chinese electric vehicle maker, announced at a seminar held on Tuesday that another medium- and large-sized SUV with the NT2.0 platform would be released in mid-April.
WeRide, a Guangzhou-based level-4 autonomous driving (AD) technology company, announced that it has obtained strategic investment from Bosch.
Several up-and-coming Chinese automakers released reports on their recent sales performance on Tuesday. In February, electric vehicle (EV) maker Nio Inc. delivered 6,131 new cars, up 9.9% year-on-year.
A fatal car accident occurred on August 10 in the eastern Chinese city of Ningbo, involving an XPeng P7 that collided with another vehicle in front, which had pulled over for repairs on the highway.
Shenzhen-based automaker BYD announced Tuesday that it has recently delivered its first K6 pure electric bus to the largest state-owned public transport operator in Port Louis, Mauritius.
Regarding Chinese social media outlet's report on Elon Musk’s post claiming that "China's EVs lead the world," EV firm XPeng's CEO He Xiaopeng commented: “China is only at a forefront position of the world in the field of electric vehicles.”
Caocao Mobility, a Geely-backed online ride-hailing platform, started cooperation related to robotaxis on September 5 with the Smart Driving Center of the Zhejiang Geely Automobile Research Institute.