Huawei’s Smart Car Solution Business Units saw a number of personnel adjustments recently. Wang Jun, COO of the business unit and president of the intelligent driving solution product line has been suspended.
According to Chinese commercial information query platform Tianyancha, BYD's proposed acquisition worth 3.6 billion yuan ($530 million) for Yi'an Property Insurance Co., Ltd. was put in place on January 31. BYD will acquire 100% equity of the Internet insurance company.
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.
As a popular model in BYD's Dynasty series, the Qin Plus DM-i's Champion Edition will be launched on February 10. The new vehicle will be equipped with an 8.8-inch full LCD screen and feature a cruising range increasing from 1200km to 1310km.
On February 3, XPeng, a Chinese electric vehicle maker, launched its two latest smart EV models for European markets: G9 flagship SUV, and the new P7 sports sedan.
Geely-backed electric vehicle company Zeekr officially announced on February 3 that the name of its third vehicle model will be the "Zeekr X," also unveiling its appearance and body dimensions.
Chinese electric vehicle maker NIO began reducing its prices recently, starting with the ES6, ES8, and ES7 models. This promotion plan was first announced at the company's regular meeting on the morning of February 1.
On February 2, Chinese electronics maker Xiaomi decided to require a compensation of 1 million yuan ($148,926) from its partner, a molding technology company in Beijing, which leaked a draft version of the front and rear bumpers for Xiaomi's yet-to-be-released vehicle.
Many Chinese electric vehicle manufacturers published their first performance reports of the new year on February 1. Affected by the recent Spring Festival holiday, delivery figures in January were generally unsatisfactory.
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.
Lotus Technology, a luxury electric vehicle maker backed by Chinese automotive giant Geely, will carry out a public listing on the Nasdaq under ticker symbol "LOT" via a merger with a special purpose acquisition company.
Li Xiang, the founder of Chinese electric vehicle Li Auto, revealed the cost positioning of each model on Twitter-like Weibo on January 30. However, behind last year's growth in delivery volume, many employees were disappointed about their year-end bonuses.
Aerofugia, a technology company under Geely, which focuses on low-altitude travel, vehicle flight and industry intelligent solutions, successfully completed its first flight on January 30 after the Spring Festival holiday.
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).
Voyah, the luxury division of Chinese state-owned automaker Dongfeng Motor, has added ten shareholders including lithium miner Ganfeng Lithium and battery maker Sunwoda.
XPeng Aeroht, a flying car company owned by XPeng, announced on January 30 that the self-developed flying car XPeng X2 has obtained a special flight permit issued by the Civil Aviation Administration of China (CAAC).
Meizu, which was acquired by Geely, has made new moves in the automotive field. According to Tianyancha, a commercial information inquiry platform, Meizu recently applied for the registration of two trademarks for "Wujie Automobile".
XPeng, a Chinese smart electric vehicle company, on January 30 announced that Wang Fengying has been appointed as the new president of the company. Wang previously worked at Great Wall Motor for over 30 years.
According to a video circulating across Chinese social media on January 29, an L9, Li Auto's newest SUV, appeared to spontaneously ignite on a roadside in the city of Jinan, Shandong Province. The fire, which was very fierce, fortunately did not result in any casualties.
According to a plan issued by the Shanghai Municipal Government on January 29, individual consumers will be given a financial subsidy of 10,000 yuan ($1,473) per vehicle when they purchase a pure electric vehicle before the end of June this year.