News
XPeng receives 10,000 orders for P5 within 53 hours
XPeng receives 10,000 orders for P5 within 53 hours

XPeng Inc. (XPeng) announced on April 21, the order volume of the XPeng P5, its first mass-produced model, surpassed 10,000 units only 53 hours after the presale kicked off at the Auto Shanghai 2021.

Apr. 21 , 2021
ByteDance sets up subsidiary for car, auto parts sales
ByteDance sets up subsidiary for car, auto parts sales

ByteDance, the Chinese parent of the hit video app TikTok, founded on April 19 a subsidiary engaging in telecommunications and automobile businesses.

Apr. 21 , 2021
GAC Group, Tencent step up cooperation for digital applications, mobility service platform
GAC Group, Tencent step up cooperation for digital applications, mobility service platform

At the Auto Shanghai 2021, GAC Group and Tencent agreed to cement their strategic collaboration to jointly develop more digital products and build new mobility ecosystem, according to a posting on the automaker’s WeChat account.

Apr. 20 , 2021
SAIC, Alibaba-backed EV brand IM begins presale of first model L7
SAIC, Alibaba-backed EV brand IM begins presale of first model L7

At the Auto Shanghai 2021, IM, the premium EV brand SAIC Motor jointly develops with Alibaba and Shanghai’s Zhangjiang Hi-Tech Group, announced that the “Angle Round” version of the L7, its first mass-produced model, is priced at 408,800 yuan.

Apr. 19 , 2021
NIO launches Power North energy supply plan at Auto Shanghai 2021
NIO launches Power North energy supply plan at Auto Shanghai 2021

At the Auto Shanghai 2021, NIO announced its new energy supply plan “Power North” that focuses on the construction of EV charging and battery swapping infrastructures and charging preferential policies for consumers using NIO cars in North of China.

Apr. 19 , 2021
Four Japanese automakers all gain two-digit growth in Q1 China sales due to low base
Four Japanese automakers all gain two-digit growth in Q1 China sales due to low base

For the first quarter of 2021, four major Japanese automakers—Toyota, Honda, Nissan and Mazda—all scored double-digit growth in China sales mainly because of the low base for the year-ago period.

Apr. 19 , 2021