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On October 11, ZF Friedrichshafen AG, also known as ZF Group, the world's leading automotive technology supplier, signed a strategic cooperation agreement with NIO, a Chinese new energy brand, in Munich, Germany.
Chinese automobile firm Qiantu Motor is expected to make its debut in the U.S. by the end of December this year, with a valuation of $1.25 billion.
iAuto plans to invest $1 billion in Human Horizons, fully supporting HiPhi Auto's plan to resume business operations and vehicle production.
WM Motor has recently officially applied for bankruptcy review, and the handling court is Shanghai Third Intermediate People's Court.
Recent high temperatures have pushed the power loads of many Chinese provinces to record highs. Many regions across the country have decided to adopt off-peak power consumption or suspended industrial production measures.
Shenzhen-based automotive company BYD announced on August 27 that it will launch a variety of new energy vehicle models for the European market this fall, including the BYD Tang, Han and Yuan PLUS.
On December 1, a number of Chinese new energy automobile enterprises announced their new vehicle deliveries data for the month of November. Performance varies, but most of achieved year-on-year sales growth.
The Li Auto M7 and M9 are expected to be positioned as medium and large pure electric SUVs, respectively.
Regarding a Tesla recall announcement last week, Chinese auto parts supplier Ningbo Tuopu Group on Monday issued a statement at the Shanghai Stock Exchange.
On July 21, CATL, a Chinese power battery giant, and Ford, a leading US automobile company, announced an agreement in which the two companies will establish a global strategic cooperative relationship.
Chinese automaker BYD unveiled photos on Wednesday of its flagship SUV, the Tang DM-p, and announced that a pre-sale launch event for the new car will be held on June 9.
XPeng Motors announced on the evening of September 25 that its chairman and CEO, He Xiaopeng, bought 2.2 million company shares in the open market on September 23, for an average price of $13.58 each and resulting in an overall increase of $29.876 million.