The industry-wide chip shortage is likely to be alleviated in late July and the chip supply will basically get back to normal in the third or fourth quarter of this year, SAIC Motor’s Chairman Chen Hong said on June 30.
Jun. 30 , 2021
In May, the registration of the vehicles from Chinese EV startups reached roughly 30,100 units, zooming up 221.6% from a year earlier, while also rising 10.1% from the previous month.
Jun. 29 , 2021
Chinese Internet giant Baidu announced on June 29 it has co-worked with Great Wall Motor (GWM) on automated valet parking (AVP) system, which is expected for introduction into a mass-produced model in the second half of this year.
Jun. 29 , 2021
On June 26, Dongfeng Motor set up an independent company for its premium electric vehicle (EV) brand VOYAH, dubbed VOYAH Auto Technology Co.,Ltd., signifying that VOYAH will start operation independently.
Jun. 28 , 2021
New energy vehicle sales will account for 80% of the total sales.
Jun. 28 , 2021
Geely Automobile Holdings Limited (Geely Auto) announced on June 25 it decided to withdraw the application for the proposed RMB share issue on the Sci-Tech Board, and the decision has already been approved by its board of directors.
Jun. 25 , 2021