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On August 21st, Jacky(Gu Jie), the Senior Director of Powertrain at XPeng Motors, announced that the new model G9 from XPeng Motors will focus on high-end cost-effectiveness.
Domestic firm XPeng's new SUV model, which has recently been covertly photographed while carrying out road tests, may become a powerful rival of Tesla's Model Y.
The share price of Chinese EV startup NIO fell by 5.8% to $1.46 on October 16, which marks the largest decline in the past six days.
Shenzhen-based drone maker DJI denied a report claiming that the company's automotive system department has been split to establish a new company called Shenzhen Zhuoyu Technology Co., Ltd.
After a car accident involving Taiwanese singer and racecar driver Jimmy Lin, another Tesla vehicle has crashed in mainland China. Recently, a Tesla Model Y owner suddenly lost control of the vehicle and hit a wall.
According to a video circulating on the Internet on February 13, a vehicle, identified as a BYD Qin Plus DM-i, parked on the roadside partially ignited. No one was hurt in the incident.
Through an interactive platform on Monday, Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) officially announced that it would not explore vehicle R&D and would not consider car manufacturing.
Huawei's "smart selection," a car-making mode in cooperation with other vehicle manufacturers, has been spread widely across the automotive industry. Huawei has successively finalized business cooperation with Chery, JAC Motors and Arcfox.
Chinese electric vehicle startup NIO has secured a $1 billion financial lifeline from several state-owned investors led by Hefei City Construction and Investing Holding.
Xpeng unveiled its new G9 flagship smart SUV at the 19th Guangzhou International Automobile Exhibition on Friday.
This past July, Taiwanese actor, singer and race car driver Jimmy Lin was involved in an accident while driving a white Tesla Model X. On October 15, Lin accepted an interview with the media during which he publicly recalled the details of the accident for the first time.
On the evening of March 28th, BYD released its 2022 annual report. The announcement showed that BYD achieved operating income of ¥ 424.1 billion (about $ 62 billion) in 2022, Chairman of BYD Wang Chuanfu stated that our goal is to become China's largest car manufacturer by the end of this year.