XPeng Motors Starts Construction on Auto Parts Industrial Park
The XPeng Smart Auto Parts Industrial Park officially started construction on Monday in the Chinese city of Zhaoqing, Guangdong Province.
6/1/20222 min read
Category: Auto
Showing 12 of 1674 posts in this category
Polestar Obtains $1.6B in Financial Support From Volvo and Geely's Chairman
Polestar Automotive, a Swedish electric vehicle brand backed by Geely, announced on November 3 that it has received further commitments for financial and liquidity support from Volvo Cars and PSD Investment.
11/4/20223 min read
NIO Targets Four European Markets With Launch of Three EVs
Chinese electric vehicle company NIO unveiled its ET7, EL7 and ET5 models for sale in Germany, the Netherlands, Denmark, and Sweden at a European launch event held in Berlin on October 7.
10/8/20224 min read
Aerial Vehicle Firm EHang Participates in EU-Funded Air Mobility Project
EHang Holdings, a leading autonomous aerial vehicle technology company based in Guangzhou, announced on November 21 its participation in a European Union-funded project called "SBAS (EGNOS) Adoption in Multicopter VTOL Aircraft" (SAMVA).
11/22/20223 min read
Halting of NEV Subsidies Causes Profit Pressure for Chinese Automakers
The new energy vehicle subsidies issued by the Chinese government for the past 13 years are scheduled to end this year. However, the vast majority of domestic NEV enterprises have not yet achieved profitability, and are still investing in large-scale research and development.
DeepRoute.ai's Mass-Produced Autonomous Driving Solution Costs Less Than $10,000
DeepRoute.ai, an autonomous driving solutions provider, revealed that its lidar product can reduce costs to less than $10,000 per vehicle following mass production.
5/30/20222 min read
Chinese EV Maker XPeng Motors Denies Price Reduction Rumors
After Tesla launched its "price reduction promotion" in China, the market began to wait and see whether other new energy vehicle brands would follow suit. Recently, XPeng Motors, a Chinese new energy vehicle manufacturer, seemed to follow the move.
11/15/20224 min read
NIO: The World's First V2G Photovoltaic Self-circulating Energy Replenishment System Completes
On August 20th, NIO, together with various parties, completed the construction of the world's first V2G photovoltaic self-circulating energy replenishment system in Qilian Mountain National Park.
WeRide Receives $400M in Financing
Autonomous driving technology company WeRide has recently obtained more than $400 million in a new round of financing, and its valuation after the investment totals $4.4 billion.
3/24/20223 min read
NIO's Second Advanced Manufacturing Base Is Open to the Public
On October 20th, NIO's second advanced manufacturing base officially opened to the public.
XPeng Launches New P7i Sports Sedan in China, Delivery Beginning in March
XPeng, an electric vehicle maker, on March 10 launched its new P7i sports sedan for the Chinese market. Pricing of the new P7i starts at 249,900 yuan ($35,877) to 339,900 yuan ($48,796). Deliveries will kick off in March for customers in China.
3/10/20233 min read
NIO President Qin Lihong Believes Firm Has Advantage in China's High-end EV Market
Qin Lihong, co-founder and president of NIO, said at a media communication meeting held on December 12 that NIO had an advantage in the sales volume of high-end electric vehicles worth over 400,000 yuan ($57,348) in China in November.
12/12/20223 min read