News
NavInfo to sharply narrow YTD loss
NavInfo to sharply narrow YTD loss

China’s navigation technology leader, NavInfo is projected to significantly narrow its loss in the first three quarters this year.

Oct. 15 , 2021
CMIF official: Chip shortage likely cost 2 million vehicles in China
CMIF official: Chip shortage likely cost 2 million vehicles in China

Chip shortage could cost China nearly 2 million vehicles out of local automakers’ production plans, Chen Bin, vice chairman of China Machinery Industry Federation (CMIF), stated at a conference today.

Oct. 15 , 2021
Xiaomi EV company names new vice president
Xiaomi EV company names new vice president

Li Xiaoshuang, former general manager of Xiaomi's major home appliances department, has been named vice president of Xiaomi's electric vehicle (EV) unit and will directly report to Lei Jun, CEO of Xiaomi EV company.

Oct. 15 , 2021
Desay SV forecasts boost in Q3 profit
Desay SV forecasts boost in Q3 profit

China's leading automotive electronics company, Desay SV, projected a lucrative first three quarters of this year, thanks to the steady growth in its three major product lineups.

Oct. 15 , 2021
XPeng releases ESG report
XPeng releases ESG report

China’s EV startup, XPeng, released an Environmental, Social, and Governance Report (ESG), elaborating on its management, commitment, and performance in the three aspects.

Oct. 15 , 2021
JAC-NIO Advanced Manufacturing Center completes staged upgrade for production lines
JAC-NIO Advanced Manufacturing Center completes staged upgrade for production lines

A phased upgrade for the JAC-NIO Advanced Manufacturing Center in Hefei was completed on October 15, according to a local media outlet, paving the way for future introduction of new vehicle models and capacity expansion.

Oct. 15 , 2021