Evergrande Auto Denies Merger And Acquisition Rumors
Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.
8/18/20223 min read
Category: Auto
Showing 12 of 1674 posts in this category
GAC Group Enters Flying Car Sector
On July 25, news emerged that Chinese auto giant GAC Group is now developing flying cars. This represents an important measure for the transformation of GAC as a traditional car company.
7/26/20222 min read
Polestar and Zeekr Integration Temporarily Halted
Polestar is much smaller than Lynk & Co, but compared to the integration between Lynk & Co and Zeekr, the merger between Polestar and Zeekr faces greater challenges and more internal disputes.
XPeng Motors' Head of Procurement Department Has Been Suspended, Multiple Employees Are Cooperating with Investigation
XPeng Motors announced that the head of the procurement department was suspended from duty, and multiple employees were cooperating with the investigation.
10/11/20234 min read
Xiaomi CEO Lei Jun: Over 140 Autonomous Driving Test Cars to Be Launched Soon
Lei Jun, Chairman, CEO and founder of Xiaomi, announced the new progress of Xiaomi's vehicle manufacturing business.
8/12/20223 min read
Li Auto Sees Resignation from Multiple Departments and Lower Sales Expectations of First Pure EV
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.
2/6/20234 min read
Li Auto's Layoffs Approach 10,000 as Employee Benefits and Perks Are Sequentially Cancelled
Li Auto's representatives have confirmed a substantial reduction in their workforce. The total number of employees has fallen from its peak of over 30,000 to around 22,000 during the latest layoff period.
5/29/20243 min read
BYD Showcases Smart Cockpit With Nvidia's "GeForce NOW" at CES
During this year's CES tech gathering in Las Vegas on January 3, Chinese electric vehicle giant BYD demonstrated its intelligent automotive cockpit equipped with US firm Nvidia's on-demand cloud gaming service, known as GeForce NOW.
Tesla China: Cybertruck Currently Has No Plans to Be Sold in China
On December 2nd, Tesla China responded that there are currently no plans to sell the Cybertruck in China.
NIO Establishes Lithium Battery Lab in Shanghai
NIO plans to build a new R&D project in Shanghai, including 31 labs for the R&D and trial production of lithium-ion battery cells and battery packs. The investment totals 218.5 million yuan ($32.75 million).
5/24/20222 min read
The Auto China 2022 to Be Postponed
Staff involved with the organization of the Auto China 2022 have said that the event, which was originally scheduled to begin on April 21, will be postponed.
3/22/20222 min read
Spy Photos of EV Model Created by Chery, Huawei and CATL Emerge
Spy photos of the first vehicle model created by a trio of Chinese companies, including automaker Chery, tech giant Huawei and battery maker CATL, have surfaced on the internet.