Market & Industry
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
Level 3 self-driving truck co-developed by Plus.ai, FAW Jiefang fulfills 6,500-km testing journey
Level 3 self-driving truck co-developed by Plus.ai, FAW Jiefang fulfills 6,500-km testing journey

Chinese autonomous driving Plus.ai announced on May 26 the J7, a Level 3 mass-produced self-driving heavy-truck it jointly developed with FAW Jiefang and Zhito, had completed a long-distance journey along the Silk Road.

May 28 , 2021
【April, 2021】China Passenger Vehicle Sales Analysis
【April, 2021】China Passenger Vehicle Sales Analysis

In April, domestic PV market sold 1.7 million vehicles, a year-on-year increase of 10.8%.

May 28 , 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
Li Auto unveils new Li ONE, expects monthly delivery to reach 10,000 soon
Li Auto unveils new Li ONE, expects monthly delivery to reach 10,000 soon

The automaker expects its monthly delivery to reach 10,000 units in September.

May 26 , 2021
China to make vehicles fully electrified in public service area by 2035
China to make vehicles fully electrified in public service area by 2035

China expects the vehicles used in the public service area to be fully electrified and fuel cell vehicles (FCVs) to be commercially viable by 2035, according to an action plan drawn up by China’s Ministry of Industry and Information Technology.

May 26 , 2021