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Geely's electric vehicle brand Zeekr announced on November 17 that its M-Vision concept car will be mass-produced in 2024. Meanwhile, a driverless car jointly developed by Zeekr and Waymo, an autonomous driving company, also officially appeared in Los Angeles.
It has been learned from people familiar with the matter that the biggest organizational change in BYD this year will be the independent operation of the company's automobile brands. The adjustment began with the Academy of Engineering, the core department for R&D at BYD.
Tom Zhu, Senior Vice President of Tesla's automotive business, is about to return to Tesla China and resume the position of Vice President for the Chinese region.
Tesla is also exploring the possibility of licensing FSD to other Chinese automakers, which could create new revenue streams.
Richard Yu, the managing director of Huawei and CEO of its Terminal Business Unit, as well as He Xiaopeng, the founder of XPeng Motors expressed views on EV development.
On August 9, the China Passenger Car Association released its market analysis report for July. In the past month, the retail sales of passenger cars in the country reached 1.818 million units, up 20.4% year-on-year.
On Tuesday, Bomin Electronics announced that its wholly-owned subsidiary had been selected to be the designated developer for XPeng, and would serve as the supplier of parts and components for XPeng's F30 and E38 models.
On March 16, BYD unveiled the Han EV Champion Edition and the Tang DM-i Champion Edition with prices ranging from 209,800 yuan ($30,434) to 299,800 yuan ($43,488), and 209,800 yuan ($30,434) to 239,800 yuan ($34,785), respectively.
Since its Shanghai Gigafactory resumed work, Tesla China has produced more than 40,000 vehicles, with capacity utilization back to 100%.
Chinese electric vehicle (EV) startup Hozon New Energy Automobile Co. is weighing a Hong Kong initial public offering (IPO) that could raise about $1 billion.
Tesla China's spokesperson denied that the Shanghai Gigafactory could resume work as early as mid-May.
An accident involving the spontaneous combustion of a WM Motor EX5 model occurred in Sanya, Hainan on January 20 this year, causing public concern about driving safety.