Lawrence Steyn has left his position as CFO of self-driving startup Pony.ai in early March. Haojun Wang, one of the company's founding members, will be taking over as CFO.
On March 24th, the patent of "Vein Identification Device and Vehicle" applied by BYD Corporation Limited Co., Ltd. was authorized today. After inquiring to the China National Intellectual Property Administration, it was learned that the utility model authorized by BYD this time is actually a vein recognition device and vehicle.
On March 22, Li Xiang, CEO of Chinese electric vehicle maker Li Auto, took to social media to provide a glimpse into the company's future product plans, revealing that it will launch six new pure electric vehicles.
On March 23rd, Pony.ai announced a strategic cooperation agreement with Meituan to jointly promote the commercial application of its autonomous driving technology in the field of distribution.
On March 22, Evergrande, a property developer that has been at the center of China's property sector crisis, issued a warning stating that its electric vehicle division may need to suspend production if it fails to secure new financing.
On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.
Pony.ai, a Chinese automated driving start-up, announced on March 22 that it has reached a strategic cooperation with leading unmanned vehicle developer Neolix in the field of unmanned distribution in China.
The Thailand version of BYD Dolphin was unveiled at the 2023 Bangkok International Motor Show. The new version is different from the current version sold in China, and its appearance details have been adjusted as the car has adopted the right-hand steering wheel layout.
On March 21, Chinese automaker Geely released its annual financial report, revealing that the company recorded a revenue of 147.965 billion yuan ($21 billion) in 2022, representing a year-on-year increase of 45.6%.
In 2023, Chinese automaker BYD is focused on expanding into global markets and enhancing its technological capabilities. Kunlunxin, a chip company in China, has announced that BYD had become one of its new shareholders.
On March 20, Chinese leading electric vehicle maker NIO released a report on its internal investigation regarding the dismissal of a former intern who claimed to have been sexually assaulted and subjected to unfair treatment while employed at the company.
Chinese battery giant CATL occupies 49.1% of the total market share, ranking first, with a installed capacity of 8092MWh, according to a report released by the China Passenger Car Association (CPCA) and Kerui Consulting.
On March 17th, Baidu's Apollo Go was allowed to carry out a demonstration of its unmanned automated driving service in Beijing. This is the first time in the world that unmanned motor vehicles have been implemented in a capital city. So far, Apollo Go has started unmanned automated driving travel services in Beijing, Wuhan and Chongqing.
Enovate, a Chinese electric vehicle manufacturer facing financial difficulties, is set to receive a much-needed infusion of funds through a new round of financing.
On March 17, Chinese electric vehicle manufacturer XPeng released its previous year-end financial report. Its total revenue for 2022 was 26.86 billion yuan ($3.89 billion), representing a 28% increase from the previous year.
It has been learned from people familiar with the matter that the biggest organizational change in BYD this year will be the independent operation of the company's automobile brands. The adjustment began with the Academy of Engineering, the core department for R&D at BYD.
On March 16, BYD unveiled the Han EV Champion Edition and the Tang DM-i Champion Edition with prices ranging from 209,800 yuan ($30,434) to 299,800 yuan ($43,488), and 209,800 yuan ($30,434) to 239,800 yuan ($34,785), respectively.
A recent screenshot circulated on a Chinese network showed that an anonymous user posted a message saying, "All the manufacturing factories that have worked for XPeng Motors are selling materials at low prices in the past few days.”
Chinese electric vehicle maker XPeng has restructured its marketing system by merging the auto trade and user development service teams and establishing over 20 sales regions in China.
