NIO announced its monthly deliveries hit a record high of 8,083 units in June 2021, representing a remarkable 116.1% growth year over year.
Jul. 1 , 2021
China’s Vehicle Inventory Alert Index stood at 56.1% in June 2021, edging down 0.7 percentage points from the previous year, while climbing 3.2 percentage points from the previous month, according to the CADA.
Jul. 1 , 2021
A 50/50 joint venture between Japanese automaker Toyota and Chinese hydrogen fuel cell engine developer SinoHytec was set up on June 28, signifying that the agreement both parties signed in March of this year has been firmed up.
Jul. 1 , 2021
In May, the registration of the vehicles from Chinese EV startups reached roughly 30,100 units, zooming up 221.6% from a year earlier, while also rising 10.1% from the previous month.
Jun. 29 , 2021
Chinese Internet giant Baidu announced on June 29 it has co-worked with Great Wall Motor (GWM) on automated valet parking (AVP) system, which is expected for introduction into a mass-produced model in the second half of this year.
Jun. 29 , 2021
In 2025, the automaker expects its revenues will be RMB 600 billion and in the next five years, its cumulative R&D investment will be up to RMB 100 billion.
Jun. 29 , 2021