Leapmotor plans to complete the spin-off of its vehicle intelligence systems teams and set up a separate company by the end of this year, according to local media.
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Author: Lei Kang
Baidu-backed Jiyue to launch Jiyue 07 sedan on Sept 10
Jiyue will hold a launch event on August 28 about smart driving using end-to-end AI technology and will launch the Jiyue 07 sedan on September 10.
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CPCA expects China’s Aug NEV retail at 980,000, with record 53.2% penetration
China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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Xiaomi to launch SU7 Ultra production edition in Q1 2025, says CEO
The production version of the SU7 Ultra, the most capable variant of Xiaomi's SU7, will be launched in the first quarter of 2025, Xiaomi CEO Lei Jun said.
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Avatr kicks off Avatr 012 pre-sales: Starts at $98,110, limited to 700 units
The Avatr 012 is Avatr's second limited-edition model, based on the Avatr 12 electric sedan with different features to emphasize its more premium positioning.
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China NEV retail at 490,000 in Aug 1-18, up 27% from same period last month
China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
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Li Auto reaches 900,000 cumulative deliveries milestone
This means that Li Auto has delivered 26,655 vehicles so far this month, considering that it had 873,345 cumulative deliveries as of the end of July.
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GAC Aion’s new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.
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Avatr unveils extended-range system to capitalize on hybrid preference and boost sales
Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV.
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SAIC to integrate IM Motors and Rising Auto’s R&D teams to reduce costs, report says
The R&D teams of IM Motors and Rising Auto, and power battery, smart driving, and chassis technology programs, will be relocated to SAIC's R&D innovation headquarters, according to local media.
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