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Hanxing Venture Capital, a Xiaomi affiliate, recently increased its investment in Hefei-based chip firm Rhino. The company's core products are autonomous driving chips but is also involved in developing autonomous driving solutions and development tool chains.
Concerning Elon Musk’s comment, Xpeng’s CEO Xiaopeng He fired back on social media.
On June 13th, the first batch of NIO's fourth-generation power swap stations officially went online in Guangzhou and Lu'an.
Tesla said it is creating a permanent magnet electric vehicle motor with zero rare earth elements. Although the stock shares of many listed companies in China in the rare earth industry dropped heavily on the news, they remain optimistic about the future development of the industry.
According to Tianyancha APP, on Friday, JiDU Automobile, a joint venture between Baidu and Geely, applied for an autonomous driving patent.
According to Tianyancha APP, NIO Insurance Brokerage Co., Ltd. has been recently established with a registered capital of 50 million yuan ($7.9 million). The brokerage is 100% controlled by Chinese EV maker NIO.
In April this year, news emerged that JuneYao Group, a top 500 company in China, has become the actual controlling shareholder of Yudo Automobile. The report was confirmed on September 2.
During an internal Huawei meeting on December 8, Richard Yu, the head of the firm's consumer and automotive units, said that vehicle operations should become profitable in 2025.
After releasing the name and preview photos of the Zeekr 009 car model at the end of last month, on August 5, the vehicle brand unveiled more detailed photos and design specifics of its new electric MPV.
According to a document disclosed by Changan Automobile on Wednesday, more than 1,000 people in Huawei's intelligent driving research and development team have been stationed in Chongqing to develop the company's newest vehicle, the Avatr 11.
Recently, XPeng P5 has added four new models to its line up: 460G +, 460E +, 510G and 510E. The new models put the total number of models in this series to ten.
Chinese telecom giant Huawei announced on Monday that it will invest more than $1 billion in researching and developing self-driving and electric vehicles this year.