Showing 12 of 1789 posts with this tag
Chinese electric vehicle maker Li Auto witnessed its revenue in the fourth quarter last year increase by 66.2% year-on-year to 17.65 billion yuan ($2.54 billion). Its 2022 revenue was 45.29 billion yuan ($6.53 billion), up 67.7% year-on-year.
According to the latest data from AutoForecast Solutions, as of December 5, the ongoing shortage of chips has caused a cumulative reduction of 10.122 million vehicles in the global automotive market, among which the cumulative output reduction in China reached 1.982 million vehicles.
On September 14th, spy shots and real-life videos of Li Mega, Li Auto's first battery electric vehicle model, were revealed.
Tesla is recalling 14,684 imported and locally made Model 3 vehicles in China due to problems with the software that could lead to collisions, according to an announcement of the State Administration of Market Supervision on Friday.
Chinese EV maker XPeng officially launched its flagship SUV, the G9, two days ago. However, its complex configuration has exposed the company to much criticism. It has announced an overhaul, which has resulted in a price reduction of 20,000 yuan ($2,805).
A Chinese car blogger recently said that he was misjudged by an automated driving feature due to the size of his eyes. This has triggered several responses from Chinese car companies such as XPeng and NIO.
About a quarter of the employees at NIO's Auto Tech Research Center in Shanghai returned to work after a lapse of more than 20 days. After arriving at the factory, workers were under closed-off management.
When the founders of XPeng and Li Auto, two famed Chinese EV startups within a trio that also includes NIO, were busy interacting with each other on social media during a marketing relay for their newest EV lineups, NIO's founder kept a low profile.
At the end of August this year, Chinese consumer electronics giant Lenovo stated that it would not seek to build its own cars. However, on October 11, LCFC, a subsidiary of Lenovo, released an autonomous driving domain controller called the EA-R600.
BYD, a Chinese company specializing in new energy vehicles, announced the release of its "Yun Nian" System will be on April 10. The system is expected to integrate intelligent driving systems, cockpits and perception components, creating an innovative vehicle ecosystem.
Chinese electric vehicle maker BYD is reportedly in talks to buy six lithium mines in Africa. The total resources of lithium oxide at a 2.5% grade in the six lithium mines are estimated at more than 25 million tons.
On Monday, Chinese electric vehicle startup WM Motor announced it will release its newest 2022 E.5 on April 15th. The new model features a 58.6 kW/h ternary lithium power battery.