In the past few months, founder and CEO of Xiaomi, Lei Jun, resigned as the executive director from several Xiaomi-related companies to dedicate his attention to his automaking endeavor, according to the PR manager of Xiaomi, Wang Hua.
Dec. 14 , 2021China’s major automaker JAC Motors announced that it had completed a private offering with RMB2 billion raised.
Dec. 14 , 2021China’s annual automobile sales volume may surpass 26 million vehicles in 2021, with 13% being new energy vehicles, according to Fu Bingfeng, the executive vice president and secretary-general of China Association of Automobile Manufacturers (CAAM),
Dec. 14 , 2021A member of Xiaomi’s ecosystem, Beijing Smartmi Technology Co., Ltd., is reportedly initiating its automaking process. Multiple talents from the EV field are joining the company, as sources close to the matter told a local media outlet.
Dec. 13 , 2021Daimler AG and China’s major automaker BAIC Group reemphasized their long-term partnership today, along with their cross-shareholding details.
Dec. 13 , 2021BAIC BluePark, the parent of BAIC Group’s NEV unit BAIC BJEV, plans to equip new models under the premium EV brand ARCFOX with its third-generation solid-state battery technology, which is in the process of being planned.
Dec. 13 , 2021










