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European enterprises are increasing their investment in China one after another. In the field of automobile manufacturing, the increasing pace of foreign investment is more apparent.
Chinese autonomous driving company WeRide announced on Thursday that it will work with auto maker Jiangling Motors (JMC) and ZTO Express to promote the mass production and the commercialization of the company's Robovan.
Li Auto's CEO, Li Xiang, admitted in an internal letter to strategic missteps in the rollout of the company's latest EV model "MEGA".
Zhejiang-based automaker Geely released its financial report for the first half of 2022 on August 18, showing that it had achieved operating income of 58.2 billion yuan ($8.57 billion) during the period, a year-on-year increase of 29%.
The C01, a new model produced by electric vehicle firm Leapmotor, was officially unveiled and opened for pre-sale on Tuesday. The new car will be available in five versions with a price range from $26,784 to $40,176.
Chen Siying, former deputy general manager of Geely's Lynk & Co's sales company, officially joined Great Wall Motor on January 30 as CEO of the WEY brand and general manager of marketing for the TANK brand.
Geely's joint venture with Lifan Technology, Ruilan Auto, has launched its first battery swap-enabled model - Maple 60S, available in two versions.
XPeng Motors launched its second generation of household electric vehicle charging piles on Thursday. The new products support 4G remote control, automatic OTA upgrades and other brand-new functions.
Five months after its official announcement, Chinese electronics firm Xiaomi declared via its official WeChat account that it had on September 1 completed the industrial and commercial registration of Xiaomi Auto Co. Ltd.
Personnel turmoil has persisted at Chinese electric vehicle manufacturer XPeng since its major organizational adjustment announcement in October of last year.
On Tuesday, Tianyancha showed that Wang Chuanfu, BYD’s founder, had stepped down as chairman of Hangzhou BYD Automobile Co., Ltd., a subsidiary of BYD.
A NIO insider familiar with the firm's new high-end vehicle project disclosed that "NIO is going to make its own 'Maybach'."