Market & Industry
China’s new level standard of driving automation to take effect next March
China’s new level standard of driving automation to take effect next March

China’s State Administration for Market Regulation introduced a new Taxonomy of Driving Automation for Vehicles (GB/T 40429-2021), specific to autonomous driving functions, to come into effect on March 1st, 2022.

Sep. 18 , 2021
CATL to start operating sodium-ion battery production line next year
CATL to start operating sodium-ion battery production line next year

CATL will put a sodium-ion battery production line into operation next year, according to Meng Xiangfeng, assistant to chairman of CATL, recently revealed at an industrial conference themed carbon neutrality.

Sep. 18 , 2021
BAIC Group offered RMB80 billion credit line by ICBC
BAIC Group offered RMB80 billion credit line by ICBC

BAIC Group signed a strategic agreement with the Industrial and Commercial Bank of China (ICBC) Beijing Branch, representing another successful case of the finance industry serving the development of high-end manufacturing.

Sep. 18 , 2021
SGMW launches mini-sized battery swapping station, unveils Wuling-branded chip
SGMW launches mini-sized battery swapping station, unveils Wuling-branded chip

SAIC-GM-Wuling (SGMW), General Motors' joint venture with partners SAIC Motor and Guangxi Automobile Group, launched its in-house developed smart mini battery swapping station on Sept. 15 at the 2021 World New Energy Vehicle Congress (WNEVC).

Sep. 16 , 2021
Car and City: July 2021 registrations of BYD vehicles
Car and City: July 2021 registrations of BYD vehicles

The top 2 registered models were both from DM-i series.

Sep. 16 , 2021
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies

Coming with six trim levels, the XPeng P5 is priced between 157,900 yuan ($24,550) and 223,900 yuan ($34,815) after incentives.

Sep. 16 , 2021