EV
XPeng to launch models on two new platforms in 2023
XPeng to launch models on two new platforms in 2023

XPeng will take the championship by first quarter deliveries of this year among China’s automobile startups, as its quarterly outlook is far ahead of others.

Mar. 30 , 2022
NIO to launch sixth mass-produced model at end of May
NIO to launch sixth mass-produced model at end of May

Chinese EV startup NIO will launch its sixth production model, the ES7, at the end of May this year, Qin Lihong, co-founder and president of NIO, revealed on March 30.

Mar. 30 , 2022
SAIC-backed premium car brand IM announces price of L7 Pro
SAIC-backed premium car brand IM announces price of L7 Pro

IM Motor, a joint venture among SAIC Motor, Alibaba and Zhangjiang High-Tech, announced on March 29 the initial version of the IM L7, the IM L7 Pro, features a guiding price of 408,800 yuan ($64,300).

Mar. 30 , 2022
Xiaomi, Huawei, Geely-backed firms invest in solid-state battery maker WeLion
Xiaomi, Huawei, Geely-backed firms invest in solid-state battery maker WeLion

Beijing WeLion New Energy Technology Co., Ltd. (“WeLion”) recently introduced several new investors, including affiliated companies of Xiaomi, Huawei, and Geely.

Mar. 29 , 2022
NIO kicks off delivery of ET7
NIO kicks off delivery of ET7

On March 28, NIO officially started the delivery of the ET7, its fourth mass-produced model, according to the startup's press release.

Mar. 28 , 2022