Huawei’s Smart Car Solution Business Units saw a number of personnel adjustments recently. Wang Jun, COO of the business unit and president of the intelligent driving solution product line has been suspended.
According to Chinese commercial information query platform Tianyancha, BYD's proposed acquisition worth 3.6 billion yuan ($530 million) for Yi'an Property Insurance Co., Ltd. was put in place on January 31. BYD will acquire 100% equity of the Internet insurance company.
As the first electric vehicle maker with a monthly sales volume of over 20,000 units last year, Li Auto greatly reduced the year-end awards of employees. Affected by this, employees in many departments have left their jobs after the Spring Festival holiday.
As a popular model in BYD's Dynasty series, the Qin Plus DM-i's Champion Edition will be launched on February 10. The new vehicle will be equipped with an 8.8-inch full LCD screen and feature a cruising range increasing from 1200km to 1310km.
On February 3, XPeng, a Chinese electric vehicle maker, launched its two latest smart EV models for European markets: G9 flagship SUV, and the new P7 sports sedan.
Geely-backed electric vehicle company Zeekr officially announced on February 3 that the name of its third vehicle model will be the "Zeekr X," also unveiling its appearance and body dimensions.
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.
According to a document submitted by Tesla to the US Securities and Exchange Commission on January 31, the firm's total revenue in 2022 was $81.462 billion, up 51% year-on-year. Specifically, the Chinese market notched revenue totaling $18.145 billion, accounting for 22.27%.
Li Xiang, the founder of Chinese electric vehicle Li Auto, revealed the cost positioning of each model on Twitter-like Weibo on January 30. However, behind last year's growth in delivery volume, many employees were disappointed about their year-end bonuses.
On January 28, Gan Jiayue, the CEO of Chinese automaker Geely, set the general tone for the development of the company in 2023, emphasizing "speed, pushing limits and unlimited imagination."
Chinese automaker Geely will launch new cars every month this year, more than 90% of which will be new energy vehicles, with the main goal of increasing the firm's market share.
Danilo Teobaldi has stepped down as vice president of automotive engineering for NIO, transferring to become the firm's chief engineer in Europe. Meanwhile, Zhou Xin, NIO's Executive Vice President and Chairman of Product Committee, will take over the post.
On January 18, Chinese electric vehicle maker XPeng held its annual meeting. He Xiaopeng, the firm's chairman, reviewed his five-year entrepreneurial journey from 2018 to 2022, reflected on the firm's performance in 2022, and shared its main plan for 2023.
Shortly after the launch of the U8, BYD's first luxury new energy vehicle, a new model named "Seagull" has been registered with China's Ministry of Industry and Information Technology.
Seres, Huawei's automaking partner, showcased its new energy vehicle model SERES 5 at the Brussels Motor Show on January 13, also signing contracts with more than 20 partners that accounted for more than 20,000 orders.
After implementing major organizational adjustments at the end of last year, the internal reform of XPeng is still in progress. Yi Han, a former Geely executive, will join XPeng as vice president after the upcoming Spring Festival holiday.
On January 9, Chinese automaker Geely announced its latest production and sales data. In December, its total sales volume of passenger cars was 146,000 units, down 8% year-on-year, among which the sales volume of new energy vehicles was 44,550 units, up 165% year-on-year.
Xiaomi's first car reportedly will be a medium-sized fastback sedan referred to by internal code "Modena," with two versions for which the prices have not yet been decided.
2022 was a turbulent year for the Chinese electric vehicle industry. William Li, Chairman and CEO of NIO, sent a letter to all employees on the first day of the new year, listing eight problems that need to be settled.
Li Auto, a Chinese electric vehicle company, delivered 21,233 new cars in December of last year, an increase of 50.7% year-on-year. Now, the firm expects that the monthly delivery volumes in 2023 may hit 40,000 units.