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BMW will invest another 10 billion yuan ($1.38 billion) to expand its high-voltage battery production center in China's northeastern city of Shenyang, and that it will generally increase investment in battery projects in the country.
A Leapmotor vehicle rear-ended another car without braking, pushing it out dozens of meters. Leapmotor confirmed that the vehicle was in a human-driven state before the collision, without activating ACC mode (Adaptive Cruise Control).
Over the past two years, a steady decline in the capacity utilization rate among traditional automakers has become an intensifying industry-wide trend, due to the rapid development of the new energy vehicle market.
XPeng announced today it has signed an agreement to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base.
With the arrival of the "Double 11 Shopping Festival", many Chinese automobile companies, such as Leapmotor, NETA Auto and AITO, have launched preferential policies with values as high as 13,000 yuan ($1,793) for vehicle purchases.
IM Motors, a joint venture between SAIC and Alibaba, exhibited its concept car, IM LS7 last year. This model is scheduled to be launched in the second half of this year. However, pictures of the interior of the car have recently leaked online.
JiDU, an automobile robot startup company initiated by Baidu and strategically invested by Geely, held the first automobile robot ecological partner conference on August 8.
On August 9th, Shenzhen, China - BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, on August 9th, making it the first automaker in the world to achieve this milestone.
On August 23, the China Association of Automotive Manufacturers (CAAM) announced the top 10 sales list of SUV brands in the domestic market during July, among which BYD's Song DM model sold over 30,000 units, reaching the top of the list.
BYD's new sports car spy photos exposed, expected to belong to Denza, performance comparable to Porsche 911.
Wh battery version (625 kilometers) is priced at ¥426,000 ($59,000). They also announced that a 150kWh battery pack (930 kilometers) will be launched in July.
Due to COVID-19 pandemic prevention requirements, two NIO automobile factories in Hefei, China's Anhui Province, have recently stopped production, causing delays to delivery. The latest report shows that production has now resumed.