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Baidu integrates Maps to auto business cluster, eyes indsutrial breakthrough
Baidu integrates Maps to auto business cluster, eyes indsutrial breakthrough

Baidu has integrated its Maps business to its IDG (intelligent driving group) business cluster to strengthen its automotive business development, a local media outlet reported on May 24th.

May 24 , 2022
Xiaomi pours RMB425 million into innovative business including car making in Q1 2022
Xiaomi pours RMB425 million into innovative business including car making in Q1 2022

China’s smartphone giant Xiaomi recently released its 2022 first-quarter financial results with year-on-year growth in R&D expenses partially caused by its intelligent electric vehicle business.

May 24 , 2022
NIO likely to build 31 cell & battery pack R&D labs in Shanghai
NIO likely to build 31 cell & battery pack R&D labs in Shanghai

NIO Co., Ltd., an affiliated firm of Chinese EV startup NIO, intends to build a total of 31 laboratories dedicated to the R&D of lithium-ion cells and battery packs.

May 24 , 2022
China to cut passenger vehicle purchase tax by 60 billion yuan
China to cut passenger vehicle purchase tax by 60 billion yuan

China will provide cuts of 60 billion yuan ($8.977 billion) on passenger vehicle purchase taxes.

May 24 , 2022
Car and City: Beijing credited No.1 city by Apr. 2022 registrations of ZEEKR 001
Car and City: Beijing credited No.1 city by Apr. 2022 registrations of ZEEKR 001

​In April, the monthly registrations of the ZEEKR 001, the first and only production model under Geely Auto's premium car brand ZEEKR, reached 2,154 units, sliding 5.2% over the previous month, according to the data compiled by GARI.

May 23 , 2022
Car and City: BYD registers most NEVs in Beijing in Apr.
Car and City: BYD registers most NEVs in Beijing in Apr.

In April 2022, Tesla came down from the pedestal of new energy vehicle registrations in Beijing, and BYD swooped in, according to data compiled by Gasgoo Auto Research Institute (GARI).

May 23 , 2022