News
BYD boasts 162.27% year-on-year hike in 2020 net profit
BYD boasts 162.27% year-on-year hike in 2020 net profit

BYD Company Limited (BYD) saw its annual revenue jump 22.59% year on year to roughly 156.598 billion yuan ($23.867 billion) in 2020, according to the financial results the company released on March 29.

Mar. 30 , 2021
Audi, Tencent partner on in-vehicle digital services
Audi, Tencent partner on in-vehicle digital services

Both parties will co-work on intelligent and connected digital ecosystem, including digital cockpit, digital marketing and user operation to offer customized mobility experience for Audi’s consumers in China.

Mar. 30 , 2021
Shanghai NEV development policies show future preference to BEV industry
Shanghai NEV development policies show future preference to BEV industry

Shanghai will stop awarding special “green-colored” license plates to PHEVs starting Jan. 1, 2023.

Mar. 29 , 2021
Spy shot of Foxconn’s first BEV model unveiled
Spy shot of Foxconn’s first BEV model unveiled

Foxconn’s first all-electric model has been caught in a spy shot.

Mar. 29 , 2021
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan

SAIC Volkswagen’s fire new full-electric SUV ID.4 X formally hit the market on March 25. Coming with six variants in total, the new model is priced between 199,900 yuan ($30,567) and 272,900 yuan ($41,730) after subsidies.

Mar. 26 , 2021
NIO to suspend car production for 5 workdays due to semiconductor shortage
NIO to suspend car production for 5 workdays due to semiconductor shortage

Chinese EV startup NIO announced on March 26 that it decided to suspend the vehicle production in the Hefei-based JAC-NIO manufacturing plant for five workings days from March 29, 2021 because of the shortage of semicondutors.

Mar. 26 , 2021