carmakers Archives - Page 2 of 5

Yu Chengdong: Huawei Can Hit 300,000 Unit Sales Target

Yu Chengdong, Executive Director, CEO of the Consumer Business Group, and CEO of Huawei's Intelligent Automotive Solution Business Unit, spoke with media at Huawei's Shenzhen headquarters.

NIO Responds to Claims that Car Navigation Interface Displays Advertisements

A NIO car owner posted on Weibo on Wednesday that there were advertisements on the navigation interface of his car, which practically blocked the screen and could affect safe driving.

Mercedes-Benz and Geely Team Up to Create Smart Concept #1: New Spy Photo Leaked

Chinese media outlet im4S exposed some spy photos suspected of being a production version of the smart Concept #1 on Wednesday.

Li Auto Plans to Deliver Li ONEs with Two Radars Missing Due to Chip Shortage

Li Auto announced the "Li ONE Delivery Plan" to customers on its official app on Thursday. Customers can choose the model they like and additional customizations at a later time.

How Can China’s Car Exports Avoid Impact of Global Chip Shortage? National Bureau of Statistics Responds

According to statistics from China's customs officials, in the first eight months, China exported 137.7 billion yuan of automotive goods (including chassis), an increase of 111.1%.

Sources Say Xiaomi Auto to Locate Headquarters and First Factory in Beijing

Xiaomi Auto has reportedly settled on Beijing for its headquarters and first automobile factory, Auto Business Review said on Tuesday. Xiaomi has not yet issued a response to the news.

Wuhan Government Seeking to Attract Xiaomi Auto Manufacturing Project

The Wuhan Municipal Bureau of Commerce responded the city had communicated with leading Chinese electronics firm Xiaomi, and is now in active negotiations with the company to promote the project's settlement in Wuhan.

BYD Denies Rumors of Supplying Tesla With Blade Batteries

BYD has denied rumors it is supplying Tesla with "blade batteries" on Wednesday, asserting that the company never told the media that it would do so, nor did it say that its blade batteries would be used in Tesla's Model Y.

Baoneng Motor Starts Second Batch Of Layoffs, Exceeding 65% of Personnel

After initiating layoffs in early 2021, Shenzhen-based new energy vehicle maker Baoneng Motor continued with the second batch of layoffs on July 22. Baoneng has not yet commented publicly on the matter.

Li Auto Sets Hong Kong Offering Price at HK $118

Beijing-based EV firm Li Auto has priced its upcoming Hong Kong offering at HK$118 ($15.16) per share. Class A ordinary shares in the company are scheduled to begin trading on the main board of the HKSE on Thursday.

Tesla’s China Orders Halved in May Amid Regulatory Pressure and Public Relations Crisis, Report Says

Tesla’s vehicle orders in China dropped by almost half in May compared with the previous month, as the US automaker wrestles with backlash from regulators and customers alike in the world’s largest electric vehicle (EV) market, according to tech media outlet The Information.

Didi to Enter Automobile Manufacturing Business: Report

A range of Chinese media outlets reported on Tuesday that Didi Chuxing is expected to start its own automobile manufacturing business. One report from _LatePost_ (https://www.latepost.com/news/dj_detail?id=575) further revealed concrete details on plans to have the company’s Vice President Yang Jun lead the new venture while the team actively recruits from major domestic auto manufacturers.

The 10 Most Valuable Automobile Companies in China 2020

We’re going to provide a brief list of China’s most valuable automobile companies by market capitalization as of August 2020.

Chinese EV Manufacturer Li Auto Goes Public on Nasdaq with Share Price Surging 43.13% on First Day, Market Cap Briefly Beats NIO

Chinese fast-growing electric vehicle maker Li Auto kicked off trading on July 30 on the Nasdaq Global Market with its share price soaring 43.13% from its IPO price of $11.5.