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Faurecia, BYD’s joint venture builds new subsidiary in Xi’an
Faurecia, BYD’s joint venture builds new subsidiary in Xi’an

Shenzhen Faurecia Auto Parts Co., Ltd., (“Shenzhen Faurecia”), a joint venture between Chinese automaker BYD and the global auto parts supplier Faurecia, recently set up a new subsidiary in Xi'an, the capital of Shaanxi province.

Mar. 16 , 2022
XPeng-backed HT Aero to soon debut Voyager X2 ‘flying car’ in Europe
XPeng-backed HT Aero to soon debut Voyager X2 ‘flying car’ in Europe

The Voyager X2, the fifth-generation "flying car" of HT Aero, an UAM (urban air mobility) company affiliated to XPeng Inc. arrived in the Netherlands a few days ago.

Mar. 16 , 2022
BYD Auto lifts prices of some NEV models due to raw materials price rise
BYD Auto lifts prices of some NEV models due to raw materials price rise

Chinese automaker BYD Auto announced on Tuesday it would bump up prices by 3,000 yuan ($470) to 6,000 yuan ($940) for several new energy vehicle (NEV) models of the Dynasty and Ocean lineups due to the continuous hike in raw materials prices.

Mar. 16 , 2022
China’s Hainan expects EV charging piles to cover all cities, counties, towns in 2022
China’s Hainan expects EV charging piles to cover all cities, counties, towns in 2022

EV charging piles are expected to fully cover all cities, counties, and towns in the southern Chinese island province of Hainan by the end of 2022, according to a document recently issued by the Hainan Provincial Development and Reform Commission.

Mar. 15 , 2022
China likely to be second country to recognize L3 autonomous vehicles after Germany
China likely to be second country to recognize L3 autonomous vehicles after Germany

China local authorities are said to recognize autonomous driving vehicles as part of the open road traffic participants, therefore issuing L3 autonomous vehicles with official license plates, reliable sources told a local media outlet on March 14th.

Mar. 15 , 2022
FAW Audi denies to relocate sales unit to Hangzhou on April 15
FAW Audi denies to relocate sales unit to Hangzhou on April 15

Audi and FAW’s joint venture (hereinafter referred to as FAW Audi) is reportedly relocating its headquarters, namely FAW Audi Sales Co., Ltd., from Changchun to the southern city, Hangzhou, on April 15th, local media outlets reported on March 14th.

Mar. 15 , 2022