On January 18, an app that has been described as the first Chinese state-backed transportation platform reportedly got support from the country's Ministry of Transport. However, authorities declared that they had no relationship with the app.
As competition in the global electric vehicle industry consolidates, many automotive firms and a host of new startups are eyeing what they see as the next frontier for innovation: the sky.
On Wednesday, Chinese urban transit firm Hello Inc. launched a new-generation intelligent platform called "Hi-Turing T30," which is to be used for its new electric scooter, the "Hello B70 PRO."
Whether internationally recognized or not, however, the company is already the world’s largest producer of electric buses and is quietly beginning to transform urban transportation across the world.
In response to a video saying that Li Auto's vehicle contains mercury, the company responded that they did not use toxic mercury in any production phase.
On June 22, Full Truck Alliance, a Chinese digital freight platform, was listed on NYSE with the security code of "YMM". Its issue price is $19 and its opening price is $22.5. Wind Information shows that as of the close of US stocks, Full Truck Alliance reported US $21.76 per share, increasing 14.53% from its issue price, with a total market value of US $23.6 billion.
Geely Automobile Holdings is in talks with home appliance manufacturer Haier Group to sell the first model of its new electric vehicle (EV) brand at the latter's stores, according to Chinese media.
Chinese ride-hailing company Didi Chuxing is pushing ahead with its pledge to be more transparent, amid concerns about the platform's pricing mechanisms and accusations of unfair commission rates.
On Jan. 22, China’s leading ride-hailing service Didi Chuxing (DiDi) launched a Global Vaccination Support Fund, supporting COVID-19 vaccination efforts across DiDi’s global communities.
Faraday Future (FF) announced on Oct. 14 that it has completed the expansion and extension of its senior bridge financing facility, which was put in place in 2019 to support completion and launch of its flagship FF 91 EV.