Wang Xiang, President of Xiaomi, said that the company would add more high-end technologies to smartphones and will strive to make quality mid-to-high-end products.
NIO Inc., a Chinese new energy vehicle manufacturer, announced on Friday that due to the recent rise in global raw material costs, it has decided to raise the prices of its vehicles from May 23.
Contemporary Amperex Technology Co. Ltd. (CATL), a global leader in lithium-ion battery development and manufacturing, released a record of investor relations activities on Thursday.
Huawei-backed auto brand AITO announced on April 20 that the price of AITO M5's four-wheel drive version will be adjusted due to the rising cost of raw materials. On Thursday, the price adjustment plan was officially announced.
The CPCA released the sales volume of the domestic passenger car market in March. Data show that during the month, retail sales of passenger cars reached 1.579 million units, down 10.5% year-on-year and up 25.6% quarter-on-quarter.
Zeekr, a high-end electric vehicle brand operated by Chinese auto giant Geely announced on Saturday that it will raise prices starting from May 1, 2022.
Under strict new regulation issued on March 11, many brands of electronic cigarettes and vaporizers with fruit flavors have seen prices increase by up to 20-30 yuan ($3.14-$4.72).
Chinese electric vehicle brand NIO said on Saturday that it expects to release the 2022 versions of its ES8, ES6 and EC6 models in late May, featuring several major upgrades and increasing the prices of vehicles and batteries.
Tesla China has recently asked local consumers to sign a "letter of commitment not to resell their cars," igniting heated discussion among domestic web users.
Tesla China's official website showed on Thursday that the basic price of its Model Y rear-wheel drive electric vehicle was raised by 15,060 yuan ($2,373) to reach a total of 316,900 yuan ($49,921).
Shenzhen-based automaker BYD issued a statement on Tuesday, adjusting the official guide price of its Dynasty and Ocean series models by a range of 3,000 yuan to 6,000 yuan ($472-$943).
NEV brand WM Motor announced on Wednesday that due to factors including rising parts prices, the production schedule and price of some models will be adjusted from March 1.
