New energy vehicle Archives - Page 3 of 8

Super Panther Secures Tens of Millions of Yuan in Strategic Financing

Super Panther, a Chinese new energy heavy truck slider chassis developer, announced on August 1 that it has obtained strategic financing totaling tens of millions of yuan from Sequoia China Seed Fund and Shunwei Capital.

NIO Plans to Launch New Brand Targeting Lower-End Market

In addition to its NIO and ALPS brands, Chinese electric vehicle maker NIO is reportedly planning to launch a third automobile brand to cover the market below 200,000 yuan ($29,620).

NaaS Technology CEO Predicts Rapid Growth of China’s Charging Pile Market

Wang Yang, the founder and CEO of NaaS Technology Inc., a charging services company, said that calculated on the basis of 80 million new energy vehicles in China by 2030, the growth will require at least 20 million public charging piles and 30 million private charging piles at that time.

Matrix Mobility, Subsidiary of NavInfo, Strikes Agreement with NaaS

On July 26, digital mapping company NavInfo announced that its subsidiary, charging service provider Matrix Mobility, had reached a deal with NaaS.

CATL and Bosch Open Joint New Energy Vehicle Maintenance Station

On July 25, the first dual-brand new energy vehicle repair station of Contemporary Amperex Technology Co., Limited (CATL) and Bosch's after-sale auto services arm in China, officially opened.

Changan Automobile Launches Deep Blue SL03

Deep Blue SL03, the latest vehicle model produced by Changan Automobile's Deep Blue brand, opened for sales on July 25. The new model is equipped with more than ten intelligent driving assistance systems, and has 15 sensing components.

Rate of New Energy Commercial Vehicles in China to Increase Rapidly

A recent report indicates that during China's 14th Five-Year Plan period, the penetration rate of new energy commercial vehicles is expected to increase rapidly, while the business volume of used cars also stands to increase.

Huawei’s Auto Partner Sokon Forecasts Loss of About $250M in H1 2022

Chongqing Sokon, an automotive industry partner of Huawei, announced on July 14 that it expects to achieve operating income of 12 billion yuan to 12.6 billion yuan ($1.78 billion - $1.87 billion) in the first half of 2022, up 62.5% to 70.63% year-on-year.

China’s New Energy Vehicle Market Sees Strong Rebound amid Robust Car Incentives

China’s marketplace for new energy vehicles posted a strong rebound in June, industry data showed, leading an auto sector turnaround as cash subsidies and tax cuts, part of a wider push for economic stabilization, helped incentivize consumers.

Geely Launches New Car Brand RADAR

Chinese automaker Geely officially released a new car brand named RADAR on the evening of July 12, while the first pickup truck based on SEA architecture, the RD6, made its debut.

Huawei’s Car-Making Partner Sokon Group to Be Renamed Seres Group

Huawei's car-making partner Chongqing Sokon Group announced on July 11 that it has submitted a proposal to change the company's name to Seres Group Co., Ltd. Seres is a new energy vehicle brand owned by Sokon.

Huawei-Backed AITO M7 Now Available in Huawei Stores

A regional manager of AITO, an EV brand jointly created by Huawei and Seres, said that at present, offline channels are being vigorously laid out.

XPeng G3i Ushers in OTA Upgrade

Chinese electric vehicle maker XPeng announced on July 5 that its G3i model ushered in an over-the-air (OTA) update in which functions which have often been requested by netizens are now provided.

Beijing Launches Policies to Stimulate Vehicle Market

On July 7, the Chinese Ministry of Commerce and other 16 government departments issued a notice to introduce several measures to help stimulate and expand the automobile market, particularly consumer buying.

Huawei’s Richard Yu Praises Efficiency of Extended-Range EVs

On July 7, the 14th China Auto Bluebook Forum was held in Wuhan. Richard Yu, CEO of Huawei's Terminal Business Group, said that extended-range electric vehicles could save about half of the gasoline compared to fuel vehicles.

China’s Total New Energy Vehicle Count Exceeds 10 Million

According to data released on July 6 by the Chinese Traffic Administration Bureau of the Ministry of Public Security, as of the end of June, the total number of cars in China reached 406 million units, including 10.01 million new energy vehicles.

Evergrande New Energy Vehicle Group’s Hengchi 5 Starts Pre-Sale

Evergrande New Energy Vehicle Group's first model, the Hengchi 5, is now available for pre-orders, the automobile arm of Chinese real estate developer Evergrande Group announced on July 6.

SAIC Motor and QingTao Energy Develop Solid-State Battery Together

On July 6, the solid state battery joint laboratory was established by SAIC, a car company, and QingTao Energy, a developer of solid-state batteries.

China’s First Electric Vehicle Charging Robot to be Put Into Operation

Recently, China's first all-electric shared EV charging robot system developed by the State Grid Suzhou Power Supply Company was put into operation in Suzhou, Jiangsu Province.

AITO M7 Released, Delivery Starts in August

AITO, an electric vehicle brand jointly created by Huawei and Seres, a brand of local automaker Chongqing Sokon, launched its new SUV, the AITO M7 on July 4.

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