Category: Industry News

Under-the-radar Chinese EV maker launches 1st model to take on Li Auto’s Li L8

Jishi has launched its first model, the Jishi 01 EREV, which shares a large number of suppliers with Li Auto and has a significant price overlap with the Li L8.

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Baidu’s car-making effort clears major regulatory hurdle, 1st model to debut under new brand in Q4

Baidu has partnered with Geely to create a new brand, Jiyue, with the first model, the Jiyue 01, entering a catalog of regulatory filings and is expected to debut in the fourth quarter.

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Evergrande NEV, mired in losses, announces $500 million investment from Middle Eastern investor

NWTN will get a 27.5 percent stake in Evergrande NEV and the right to nominate a majority of the board of directors, valuing the Chinese carmaker at $1.82 billion.

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