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In the first quarter of 2022, the 10 top-selling Chinese auto firms sold 5.586 million vehicles, accounting for 85.8% of entire industry, data from the China Association of Automotive Manufacturers showed on Tuesday.
Faraday Future (FF) announced today that it has officially delivered the first ultra-intelligent technology luxury car FF 91 2.0 Futurist Alliance to its first spire user, and held a new car delivery ceremony for the first spire user on August 12th.
A new entity called NIO Battery Technology (Anhui) Co., Ltd. was established on October 21, with NIO founder William Li serving as chairman and with registered capital of 2 billion ($273 million). The company is 100% controlled by EV firm NIO.
NIO Inc., a major player in the Chinese smart electric vehicle market, on Thursday announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.
Niutron, an EV maker established by Li Yinan, the founder of Chinese electric scooter firm Niu Technologies, unveiled its first model called the Niutron NV. One blogger's comparison between the new model and Li Auto's L7 was questioned by Li Auto's founder.
Xia Yiping, CEO of JiDU, on Wednesday revealed the company's latest progress in a speech and shared with employees multiple renderings of the concept car's interior and exterior design details.
Chinese electric vehicle maker XPeng on Friday kicked off customer reservations for its third and most recent production model, the XPeng P5 smart EV sedan, in Denmark, the Netherlands, Norway and Sweden.
Chinese automaker NIO on Monday released a portable charging and discharging integrated machine that aims to meet a variety of needs.
Xiaomi officially enters the South Korean market, with no plans to launch electric vehicle in South Korea. The company will focus on the Chinese electric vehicle market in the next three years.
Tesla's Gigafactory in Shanghai has played a significant role in the company's production and sales, accounting for 50% of its output. The factory has achieved an impressive gross margin of over 30%, owing to its efficient layout, optimized processes, cost-effective land acquisition, streamlined supply chain management, and skilled human resources.
As of March 23, 2023, the total mileage of Li Auto’s assisted driving has exceeded 550 million kilometers.
On February 29, Xpeng Motors and Volkswagen Group signed a joint development agreement for platform and software strategic technology cooperation, accelerating the joint research and development of two B-segment electric vehicles.