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NIO’s car deliveries reach 131,408 units as of Aug. 2021
NIO’s car deliveries reach 131,408 units as of Aug. 2021

Chinese EV startup NIO delivered a total of 131,408 vehicles by the end of August 2021, William Bin Li, founder, chairman, and CEO of NIO, said at the 2021 World New Energy Vehicle Congress (WNEVC).

Sep. 16 , 2021
SAIC Motor aims to peak carbon emissions, sell 2.7 million NEVs annually by 2025
SAIC Motor aims to peak carbon emissions, sell 2.7 million NEVs annually by 2025

SAIC Motor aims to sell over 2.7 million NEVs per year by 2025, making NEVs account for over 32% of the group’s total car sales, Wang Xiaoqiu, SAIC Motor's president.

Sep. 16 , 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
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
BAIC BJEV Aug. sales nearly double while production slows down
BAIC BJEV Aug. sales nearly double while production slows down

BAIC BJEV sold 4074 vehicles in August, representing a 16.7% increase from the previous month, and nearly doubled comparing to that of last year, according to BAIC BluePark, the parent company of BAIC BJEV.

Sep. 16 , 2021
SAIC invests in Momenta’s new funding round
SAIC invests in Momenta’s new funding round

According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.

Sep. 16 , 2021