
NIO Denies Plan to Issue Digital Currency
On July 21, Chinese automaker NIO issued a statement asserting that seemingly official reports that the firm will issue a digital currency are false.
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On July 21, Chinese automaker NIO issued a statement asserting that seemingly official reports that the firm will issue a digital currency are false.
The Frigate 07 electric vehicle model from Shenzhen-based automotive firm BYD will be launched on December 9. As a brand-new addition to BYD's Warship Series, the Frigate 07 is positioned as a five-seat medium-sized SUV.
New energy vehicle manufacturer XPeng Motors announced plans to launch two new color options for its G3i model, during a livestreaming event scheduled for 20:00 on May 20.
Today, the Chinese Ministry of Industry and Information Technology announced the declared model information of Xiaomi's car. BAIC will be the manufacturer, with BYD as the battery provider.
At the beginning of 2022, several Chinese car manufacturers released delivery data for December 2021, showing the development potential of the country's electric vehicle (EV) market.
The Changsha division of Chinese carmaker BYD has been in the public spotlight as of late following allegations of damaging pollution. The factory was reportedly shut down for rectification.
At the Chengdu Motor Show on August 26, GAC AION launched its 2023 AION V Plus pure electric SUV. The new vehicle is available in 10 versions, including a 7-seat version for the first time.
On October 24th, NIO announced that it has built a total of 600 battery swapping stations on highways.
AITO, a high-end smart car brand jointly operated by Huawei and SERES, a subsidiary of Chongqing Sokon Industry Group, is reportedly expanding its sales channels.
The BYD Yuan Plus, the first A-class SUV from the Shenzhen-based company's all-electric e-platform 3.0, on February 19 simultaneously entered the Chinese and Australian markets.
Chinese electric vehicle maker Li Auto witnessed its revenue in the fourth quarter last year increase by 66.2% year-on-year to 17.65 billion yuan ($2.54 billion). Its 2022 revenue was 45.29 billion yuan ($6.53 billion), up 67.7% year-on-year.
On September 1, mainstream Chinese new energy vehicle (NEV) enterprises announced their delivery results for the month of August. The delivery volume of NETA Auto was 16,000 units, ranking first in the delivery list of new Chinese carmakers in the month.