Market & Industry
Patent images of Evergrande’s seven-seater MPV Hengchi 4 leaked
Patent images of Evergrande’s seven-seater MPV Hengchi 4 leaked

Evergrande announced in August 2020 the first six models to be offered under the Henchi brand. They are numbered rather simply from 1 to 6 (Hengchi 1 to Hengchi 6) and include various body styles from sedans to SUVs and a MPV, namely the Hengchi 4.

Mar. 3 , 2021
Baidu, Geely’s EV joint venture formally registered
Baidu, Geely’s EV joint venture formally registered

The EV joint venture between Baidu and Geely, was founded on Mar. 2, according to the corporate data platform Qichacha, indicating the car-building cooperation between the Internet giant and the automaker has been further firmed up.

Mar. 2 , 2021
Huawei, BAIC BluePark first jointly-developed model to make debut in April
Huawei, BAIC BluePark first jointly-developed model to make debut in April

The new vehicle will be equipped with Huawei’s 3 automotive-grade LiDARs, 6 millimeter-wave radars, 12 cameras, 13 ultrasonic radars as well as Huawei’s chips with 352 TOPS of computing power.

Mar. 2 , 2021
China’s Vehicle Inventory Alert Index tumbles 29 percentage points YoY in Feb. 2021
China’s Vehicle Inventory Alert Index tumbles 29 percentage points YoY in Feb. 2021

China’s Vehicle Inventory Alert Index (VIA) stood at 52.2% in February 2021, which dropped 7.0 percentage points compared to the previous month and plunged 29 percentage points over the previous year, according to the CADA.

Mar. 1 , 2021
Tesla denies deployment of battery swapping business in China
Tesla denies deployment of battery swapping business in China

After being reached for comment on its business extension, Tesla Shanghai said it would not run the battery swapping business.

Mar. 1 , 2021
Huawei publishes patents about EV charging, IoV security
Huawei publishes patents about EV charging, IoV security

Huawei recently unveiled two patents related to automotive businesses, signaling the telecommunications giant’s efforts to follow the trends of auto electrification and connectivity.

Feb. 26 , 2021