He Xiaopeng, XPeng Motors Chairman and CEO, was the only representative of the emerging automobile manufacturing force to be invited to deliver a keynote speech at the main forum of the World Intelligent Connected Vehicles Conference (WICV) on Oct. 18.
Beijing Chehejia Technology Ltd., a Chinese electric vehicle (EV) startup, unveiled its new electric SUV LI One yesterday, making it a strong contender to Tesla’s Model X.
Tesla’s arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to the information shown by Shanghai Industry and Commerce Administration authority.
Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim is to promote the development of network intelligence in the automotive industry.