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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.
Chinese automakers including Leapmotor and BYD are currently discussing the possibility of acquiring ownership of GAC Fick's factory in Changsha.
The Chinese division of American electric vehicle (EV) manufacturer Tesla Inc. announced on Friday that it has lowered the price of its popular Model 3 to settle at a new overall post-subsidies price tag of 235,900 yuan ($36,500), a reduction of 15,000 yuan.
China's State Administration for Market Regulation (SAMR) issued an announcement on Friday indicating that in 2021, there were a total of 8.736 million recalled vehicles in the country, up 28.8% annually.
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.
China's MIIT has released its latest vehicle declaration list for new automotive products. The M5e, AITO's first pure electric vehicle model, is unveiled.
ROX Motor, an automaking project set up by Chang Jing, the founder and chief executive of robot vacuum maker Roborock Technology, will be launched in August this year.
At the GAC Tech Day 2022 held in Guangzhou on Tuesday, autonomous driving startup ONTIME publicly demonstrated the operation technology platform of its Robotaxi for the first time.
Alibaba-backed autonomous driving firm AutoX now operates China’s largest service area for fully driverless Robotaxis, spanning 65 square miles of Shenzhen, China’s leading tech hub located in the southern province of Guangdong.
Xiaomi SU7 went on sale for 27 minutes, with over 50,000 units sold out. Xiaomi's stock price surged, rising more than 10% at one point.
Shenzhen-based automotive firm BYD, which has recently faced reports of Warren Buffett's share reduction, released its latest sales data on September 2. In August, BYD's total sales reached a new high.
On November 1, NETA Auto, Li Auto, NIO, XPeng and other Chinese electric vehicle firms successively announced their delivery data for October. NIO, XPeng and Li Auto have been gradually surpassed by latecomers.