Market & Industry
NIO-backed power technology company founded in Hefei
NIO-backed power technology company founded in Hefei

XPT Limited, an affiliated company of Chinese EV startup NIO, recently founded a power technology subsidiary in Hefei, the capital of Anhui province, where NIO China is headquartered.

May 31 , 2021
First prototype of AIWAYS’ second production model U6 comes off line
First prototype of AIWAYS’ second production model U6 comes off line

The first prototype car of the AIWAYS U6 rolled off the production line at AIWAYS’ car manufacturing plant in Shangrao on May 28, marking a further advancement for the volume production of the startup’s second production model.

May 31 , 2021
XPeng builds new sales service subsidiary in Haikou, Hainan province
XPeng builds new sales service subsidiary in Haikou, Hainan province

Chinese EV startup XPeng Inc. recently set up a new sales service subsidiary in Haikou, the capital of Hainan province, as the company is working hard on expanding its service networks.

May 28 , 2021
First vehicle of Changan-backed Avatr Technology armed with Huawei HI solution
First vehicle of Changan-backed Avatr Technology armed with Huawei HI solution

The first vehicle model of Avatr Technology Co.,Ltd., whose forerunner is Changan Automobile and NIO’s joint venture Changan NIO, will be a mid-sized SUV code-named E11, Changan Automobile revealed on May 26.

May 27 , 2021
First validation prototype of ARCFOX αS HI version comes off line
First validation prototype of ARCFOX αS HI version comes off line

The first production line validation prototype of the ARCFOXαS ·HI (Huawei Inside), a ARCFOX-branded premium EV model armed with Huawei’s technologies and equipment, went off the assembly line in a Zhenjiang-based plant on May 26.

May 27 , 2021
Li Auto Inc. announces unaudited first quarter 2021 financial results
Li Auto Inc. announces unaudited first quarter 2021 financial results

Li Auto Inc. (“Li Auto” or the “Company”), an innovator in China’s new energy vehicle market, on May 26 announced its unaudited financial results for the first quarter ended March 31, 2021.

May 26 , 2021