By the end of 2020, Shanghai had opened up a total of 243 roads that spans 559.87 kilometers for the road tests of intelligent-connected vehicles (ICVs), according to a report recently issued by the Shanghai Municipal Transportation Commission.
Mar. 15 , 2021XPeng Inc. announced on March 15 it has signed an agreement with Guangdong Yuecai Investment Holdings Co., Ltd. (“Utrust”), the investment arm of the Guangdong provincial government, for a strategic investment worth 500 million yuan.
Mar. 15 , 2021In February 2021, four major Japanese automakers, namely Toyota, Honda, Nissan, Mazda, all saw their China sales vigorously surged from a year ago when the country was at the height of the coronavirus pandemic.
Mar. 12 , 2021China auto outputs and sales reached 1.503 million and 1.455 million units respectively in Feb. 2021, surging around 420% and 360% from a year earlier, and showing year-on-year growth for the eleventh month in a row, according to the CAAM.
Mar. 11 , 2021Tesla (Shanghai) Co.,Ltd. on March 9 removed “the sales of new energy vehicle (NEV)-related battery swapping facilities, batteries and photovoltaic devices” from its business scope, according to the corporate data platform Tianyancha.
Mar. 11 , 2021On March 8, Chongqing Sokon Industry Group Stock Co.,Ltd. signed a memorandum of understanding (MoU) with Huawei Device Co.,Ltd., a subsidiary of Huawei, to co-explore cooperation on new energy vehicle (NEV) business.
Mar. 10 , 2021










