Market & Industry
NIO’s car deliveries reach 131,408 units as of Aug. 2021
NIO’s car deliveries reach 131,408 units as of Aug. 2021

Chinese EV startup NIO delivered a total of 131,408 vehicles by the end of August 2021, William Bin Li, founder, chairman, and CEO of NIO, said at the 2021 World New Energy Vehicle Congress (WNEVC).

Sep. 16 , 2021
SGMW launches mini-sized battery swapping station, unveils Wuling-branded chip
SGMW launches mini-sized battery swapping station, unveils Wuling-branded chip

SAIC-GM-Wuling (SGMW), General Motors' joint venture with partners SAIC Motor and Guangxi Automobile Group, launched its in-house developed smart mini battery swapping station on Sept. 15 at the 2021 World New Energy Vehicle Congress (WNEVC).

Sep. 16 , 2021
Car and City: July 2021 registrations of BYD vehicles
Car and City: July 2021 registrations of BYD vehicles

The top 2 registered models were both from DM-i series.

Sep. 16 , 2021
BYD intends to replace oil-fueled cars with DM-i models
BYD intends to replace oil-fueled cars with DM-i models

BYD is gradually decreasing the proportion of oil-fueled vehicles in production and attempts to replace ICEV (internal combustion engine vehicle) with DM-i models in the future.

Sep. 15 , 2021
Xiaomi invests in another automotive parts supplier
Xiaomi invests in another automotive parts supplier

KH Automotive Technologies Co., Ltd. (KHAT), has added Xiaomi-backed joint venture company Yangtze River Xiaomi Industry Fund to its list of shareholders, with an RMB700,000 increase in registered capital, according to Tianyacha.

Sep. 15 , 2021
Xiaomi partners with vehicle MCU company YTMicro with strategic investments
Xiaomi partners with vehicle MCU company YTMicro with strategic investments

China's tech giant Xiaomi, who recently joined the intelligent automaking industry, has entered into a strategic agreement with China's auto-grade MCU company, YTMicro, whose latest financing round got funds from Yangtze River Xiaomi Industry Fund.

Sep. 15 , 2021