Smart and Sustainable Electric Mobility
Initially, Beijing Hyundai hoped to sell the factory for 513 million USD, but no one showed interest, so it had to lower the price.
The post Beijing Hyundai sold Chongqing factory for 226 million USD, less than half of its initial listing price appeared first on CarNewsChina.com.
Alps will use a pure vision solution similar to Tesla's on its smart driving system to cut costs, according to local media.
The post Nio's Alps sub-brand's models to ditch LiDAR and adopt 1 Orin chip, report says appeared first on CnEVPost.
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China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December.
The post China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month appeared first on CnEVPost.
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Dream Day for BYD reveals its high tech vision.
The post BYD “Dream Day” event focuses on tech aiming to rival Huawei appeared first on CarNewsChina.com.
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.
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 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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Nio will begin deliveries of 2024 models in early March and start offering discounts on current models.
The post BREAKING: Nio to begin deliveries of 2024 models in Mar, offers discounts on current ones appeared first on CnEVPost.
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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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In addition to being less expensive than the current R1T pickup truck and R1S SUV, Rivian believes its upcoming R2 EV will have a smaller carbon footprint as well. And looking beyond the initial R2, Rivian intends to keep cutting the footprint of its vehicles. As noticed by The Verge, the company said in its first environmental impact report that... 