EV
Xpeng Motors to launch third mass-produced model in 2021
Xpeng Motors to launch third mass-produced model in 2021

Xpeng Motors plans to launch its third production model in 2021 and the vehicle is expected for delivery as early as this year’s fourth quarter, according to a media outlet, citing Brian Hongdi Gu, Vice Chairman and President of Xpeng Motors.

Jan. 26 , 2021
Geely in talk with Faraday Future for offering contract manufacturing service: sources
Geely in talk with Faraday Future for offering contract manufacturing service: sources

EV startup Faraday Future reportedly attempts to produce some of its all-electric vehicles in China by building a vehicle plant and is working on enlisting the help of China’s Geely in contract manufacturing services.

Jan. 25 , 2021
SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale
SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale

SAIC Volkswagen (SAIC VW) started on Jan. 21 the presale of its first MED-based model, the ID.4 X.

Jan. 22 , 2021
SAIC, Alibaba-backed premium EV brand “IM” makes world’s debut
SAIC, Alibaba-backed premium EV brand “IM” makes world’s debut

The premium auto brand “IM” (dubbed “Zhiji Motor” in Chinese) jointly developed by SAIC Motor, Alibaba and Shanghai’s Pudong New Area was formally launched on Jan. 13. Meanwhile, two concept models under “IM” were unveiled at the same time.

Jan. 13 , 2021
Xpeng Motors granted 12.8 billion yuan worth of credit line by five banks
Xpeng Motors granted 12.8 billion yuan worth of credit line by five banks

Chinese EV startup Xpeng Motors said it signed a deal with five banks for a credit line worth 12.8 billion yuan ($1.98 billion).

Jan. 12 , 2021
NEV sales in China post sound growth partly thanks to roll-out of stimulus policies
NEV sales in China post sound growth partly thanks to roll-out of stimulus policies

China's NEV sales growth partly stemmed from automakers’ greater efforts in rolling out new NEV products, while governmental supportive policies also play an important role in the sales increase.

Jan. 3 , 2021