Skyworth Auto chairman makes claims that his car can cure a number of health complaints and help you live to 100 years old.
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Category: China
Skyworth Auto signs $1.38 billion deal with Saudi Arabia’s KAG
Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).
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Nio, GAC Aion’s Hyper brand to interconnect charging network by end of May
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio's charging network.
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Tesla ramps up layoffs in China, report says
Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg.
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BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says
The Qin L DM-i is expected to be priced around CNY120,000 (US$16,610) to CNY150,000, according to local media.
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BYD’s sodium battery joint venture formed
The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent.
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Dongfeng’s electric off-road brand M Hero to export cars to Middle East
M Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland.
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Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y
Onvo's first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said.
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Nio’s 500,000th production car rolls off line at F2 plant
Nio's 500,000th production vehicle is an ES8, which began first deliveries in June 2018.
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Xpeng announces entry into Australia, G6 to make local debut by Q4
Xpeng has entered into a partnership with Australia's TrueEV, which will be its sole importer, distributor and retailer in the country.
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