News
Xiaomi finishes registration of automobile company
Xiaomi finishes registration of automobile company

Lei Jun, the phone maker’s founder and CEO, will serve as the new company’s legal representative, the company announced today.

Sep. 1 , 2021
Lotus Technology locates global headquarters in Wuhan
Lotus Technology locates global headquarters in Wuhan

Lotus Technology, which developed high-end all-electric smart cars for Lotus brand globally, was officially founded on August 31.

Aug. 31 , 2021
NIO, Sinopec’s Hainan branch join hands to deploy EV charging, battery swapping stations
NIO, Sinopec’s Hainan branch join hands to deploy EV charging, battery swapping stations

On August 31, NIO and Sinopec Group’s Hainan sales subsidiary (called “Sinopec Hainan” for short) entered into a strategic agreement to co-deploy EV charging and battery swapping stations.

Aug. 31 , 2021
GAC Group boasts 87.07% YoY surge in H1 2021 net profit
GAC Group boasts 87.07% YoY surge in H1 2021 net profit

GAC Group said its gross revenue for the first half of 2021 reached 34.572 billion yuan, jumping 34.83% from the previous year. Its semi-annual net profit attributable to shareholders surged 87.07% to 4.337 billion yuan.

Aug. 31 , 2021
BAIC BluePark H1 net loss narrows
BAIC BluePark H1 net loss narrows

Net loss of BAIC BluePark New Energy Technology Co.,Ltd. for the first half narrowed slightly, and it plans to expand its channels and network in the second half of this year.

Aug. 31 , 2021
Gap between Tesla and Chinese NEV startups’ insurance registrations much narrows in July
Gap between Tesla and Chinese NEV startups’ insurance registrations much narrows in July

In July, the sales gap between Tesla and Chinese NEV statrups significantly narrowed due to the sales slump Tesla suffered.

Aug. 30 , 2021