Smart and Sustainable Electric Mobility
Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the German auto giant said.
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After the completion of this investment, Volkswagen will hold 4.99% equity in Xpeng and join the board of directors.
The post Volkswagen invested 700 million USD in Xpeng and obtained 4.99% equity appeared first on CarNewsChina.com.
Xpeng and Volkswagen will initially co-develop two B-segment BEVs sold under the Volkswagen brand in the Chinese market using Xpeng's G9 platform and ADAS software, with production expected to begin in 2026.
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Li Auto validated the solid-state battery option for more than half a year, but gave up because the cost of the pack alone was close to RMB 300,000, according to local media.
The post Li Auto considered solid-state batteries in 2019, but gave up due to high cost, report says appeared first on CnEVPost.
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July is traditionally a slow season for the auto market, with hot weather restricting consumers from visiting stores, the CPCA said.
The post China NEV retail at 442,000 in Jul 1-23, down 2% from same period last month appeared first on CnEVPost.
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In the first half of the year, Shanghai produced 611,500 NEVs, contributing 16 percent of China's NEV production.
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The sodium shows up as a new way of Kei-car revival in China.
The post For Chinese Kei car makers, sodium is the new LFP appeared first on CarNewsChina.com.
At the end of 2022, Nio had 26,763 full-time employees, higher than Li Auto's 19,396 and Xpeng's 15,829.
The post Factbox: How many employees does Nio, Xpeng, Li Auto have? appeared first on CnEVPost.
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The Geely's Radar RD6 electric pickup truck is heading to Thailand with 550 km of range and 272 hp, according to our investigation.
The post Radar RD6 electric pickup from Geely is heading overseas. Possibly to Thailand appeared first on CarNewsChina.com.
WM Motor said earlier this month that it is in the process of settling its debts in an orderly manner and is actively pushing ahead with plans to sell NEVs overseas.
The post WM Motor eyes overseas markets as it struggles at home appeared first on CnEVPost.
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