electric vehicles Archives - Page 2 of 11

Geely’s Farizon Auto Small Truck E200S Heads to Chile

Geely-owned new energy vehicle brand Farizon Auto sent a batch of E200S small trucks from Shenzhen Port to Chile on November 10. Followed by Farizon’s vehicle delivery to Costa Rica in June 2022, the shipment marks Farizon’s continuous market expansion in South America.

Seven BYD Models Enter Top 20 Global Plugin Vehicle Sales

BYD has a total of seven models among the top 20 sales spots in the world. Among them, Qin Plus ranks 5th, Han ranks 6th, Dolphin 7th, Yuan Plus 8th, Tang 10th and Destroyer 05 17th.

Mercedes-Benz’s China JV to Recall 11,400 EVs

Beijing Benz, a joint venture between Mercedes-Benz and Chinese automaker BAIC Motor, filed a recall plan on October 28. The move expands a recall plan for certain EQA, EQB and EQC electric vehicle models released on February 18, 2022.

Baidu and Geely-Backed EV Firm JIDU Launches Limited Edition of Robocar for $55K

JIDU, an intelligent electric vehicle company backed by Chinese tech giant Baidu and automotive leader Geely, officially released its first-ever robocar, ROBO-01 Lunar Edition. Priced at 399,800 yuan ($55,253), it is a co-branded model in cooperation with the China’s Lunar Exploration Project.

Tesla’s Sudden Price Reductions Spur Chinese Car Owners to Defend Rights

Tesla announced price adjustments for mainland China on October 24. Subsequently, many Tesla car owners in China who had recently made orders set up "rights protection groups" on WeChat, but some were taken in by fraudsters.

BYD Responds to Stake Cut by BlackRock, World’s Largest Asset Manager

World-leading asset manager BlackRock launched a reduction in BYD H shares, bringing its shareholding ratio from 6.21% to 5.85%.

BMW Invests a Further 10B Yuan in Chinese Battery Facility

BMW will invest another 10 billion yuan ($1.38 billion) to expand its high-voltage battery production center in China's northeastern city of Shenyang, and that it will generally increase investment in battery projects in the country.

CEO of Electronics Giant Foxconn Expresses Hopes to Produce Tesla EVs

Young Liu, Chairman and CEO of Taiwan-based electronics manufacturing giant Foxconn, affirmed during the firm's annual Hon Hai Tech Day on October 18 that "I hope one day we can produce electric cars for Tesla."

Chinese New Energy Vehicle Firm NETA Auto Enters Myanmar

NETA Auto, a new energy vehicle brand under Chinese firm Hozon Auto, signed a strategic cooperation agreement with Myanmar Grand Sirius Company Limited (GSE) on October 10, marking its official entrance into the Southeast Asian country.

BMW Comments on Shift of Production to China From UK

German auto company BMW Group said that the Oxford factory will suspend the production of electric vehicles, but will not stop the production of MINI models.

Tesla, BYD, Other Automakers See Promise in India’s NEV Market

Car companies such as China's BYD, Germany's Mercedes-Benz and Volkswagen, as well as Japan's Suzuki, are increasingly eyeing India's new energy vehicle market.

German Auto Parts Supplier ZF Group Reaches Deal With China’s NIO

On October 11, ZF Friedrichshafen AG, also known as ZF Group, the world's leading automotive technology supplier, signed a strategic cooperation agreement with NIO, a Chinese new energy brand, in Munich, Germany.

Public Charging Piles in China Increased by 56.6% YoY in September

On October 11, the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA), guided by China's National Energy Administration, released the state of operations of the national electric vehicle battery charging and swapping infrastructure in September.

Li Auto Launches L8 Pro/Max SUVs, Starting From $50.7K

On the afternoon of September 30, Chinese new energy vehicle firm Li Auto held a product launch event for the highly-anticipated Li L8 SUV.

Xiaomi Auto Reportedly Completes First Engineering Prototype Car

Xiaomi's first engineering prototype car had been completed on September 28. The next important step for Xiaomi Auto will be the completion of its automobile factory by the end of the year.

NIO Launches First Battery Swap Station in Germany

NIO, one of China's leading new energy vehicle firms, announced on September 29 that its first battery swap station in Germany has officially been launched in Zusmarshausen.

NETA Auto Sets Sights on Israeli Market

NETA Auto, a vehicle marque under Chinese firm Hozon Auto, announced on September 28 that it will enter the Israeli market after it signed a strategic cooperation agreement with Blilious Group, Israel's leading distributor.

BYD New Energy Vehicles to Enter Jordanian Market

BYD, a leading Chinese manufacturer of new energy vehicles, announced on September 28 that it has entered into a cooperation with Bustami & Saheb Trading Company (BSTC), Jordan's leading car dealership group.

Pony.ai and SAIC to Cooperate in Robotaxi Operation Services

On September 27, Chinese self-driving startup Pony.ai announced that it had reached a working agreement with the SAIC AI LAB to explore fields such as the R&D of self-driving technology and the implementation of Robotaxi operation services.

XPeng CEO Buys 2.2 Million Company Shares

XPeng Motors announced on the evening of September 25 that its chairman and CEO, He Xiaopeng, bought 2.2 million company shares in the open market on September 23, for an average price of $13.58 each and resulting in an overall increase of $29.876 million.

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