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The company has granted share options to certain independent, non-executive directors and some employees, including scientific research personnel, under its share option scheme that was adopted on June 6, 2018.
HiPhi, a Chinese electric vehicle startup, announced a six-month production halt on February 18, the first day back to work after the Lunar New Year holiday.
Pony.ai, a leading player in China's autonomous driving sector, is reportedly preparing for a U.S. IPO as early as September of this year
BYD will launch a personalized brand this year which currently has the internal code name of "F". The operation of this new brand will be independent from BYD's own system while the brand's first product will be an off-road vehicle.
Qin Lihong, the president of Chinese EV maker NIO Inc., revealed on August 26 that the firm's second advanced manufacturing base in Hefei will introduce the second new model as soon as the latter half of next year.
93,000 multi-purpose vehicles (MPVs) were sold through wholesale in China in August this year, an increase of 15.5% month-on-month and 6.8% year-on-year.
Shenzhen-based new energy vehicle and battery giant BYD launched the ATTO 3, an electric SUV that is known as the Yuan Plus in China, as its first passenger car in the Indian market on October 11.
During an annual speech held on the evening of August 11, Xiaomi's founder, chairman and CEO Lei Jun showcased a new book entitled "The Business Thoughts of Xiaomi Corp. (Chinese Edition)".
The Frigate 07 electric vehicle model from Shenzhen-based automotive firm BYD will be launched on December 9. As a brand-new addition to BYD's Warship Series, the Frigate 07 is positioned as a five-seat medium-sized SUV.
Today, the Chinese Ministry of Industry and Information Technology announced the declared model information of Xiaomi's car. BAIC will be the manufacturer, with BYD as the battery provider.
On October 24th, NIO announced that it has built a total of 600 battery swapping stations on highways.
AITO, a high-end smart car brand jointly operated by Huawei and SERES, a subsidiary of Chongqing Sokon Industry Group, is reportedly expanding its sales channels.