A new JV between Huawei and Changan announced. It will provide smart solutions for cars.
The post Changan and Huawei unveil “Newcool” joint venture at global partner conference appeared first on CarNewsChina.com.
Tagged: China
Li Auto seeing immediate effects of price discounts
Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media.
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BYD unveils vehicle intelligence strategy, aims to invest over $14 billion
BYD will invest RMB 100 billion in vehicle intelligence in the future to lead the way in NEV development, the company's chairman said.
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BREAKING: Nio to begin deliveries of 2024 models in Mar, offers discounts on current ones
Nio will begin deliveries of 2024 models in early March and start offering discounts on current models.
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Battery price war: CATL, BYD pushing battery costs down further
The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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New Mini Cooper from BMW-GWM JV applied for sales license
The new Mini Cooper is an electric three-door hatchback available with two powertrain options. It is ready to start sales in China.
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Changan’s JV with Huawei tentatively named ‘Newcool’
Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said.
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China EV sales in W2 2024: BYD 40,300, Tesla 7,400, Nio 1,700, Aito 6,800
BYD was down 9%, Tesla was up 130%, and Nio was down 43% from the week before.
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China EV insurance registrations for week ending Jan 14: Nio 1,700, Xpeng 1,400, Li Auto 6,800, Tesla 7,400
In the January 1-14 period, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units.
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Xpeng begins X9 MPV volume deliveries in China
The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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