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SAIC Audi’s first model to be delivered starting early 2022
SAIC Audi’s first model to be delivered starting early 2022

SAIC Motor, Audi and FAW Group announced on Dec. 23 they have come to an agreement on the future cooperation in sales and service business, a significant milestone for the much-anticipated SAIC-Audi project.

Dec. 23 , 2020
NIO to launch first sedan model at NIO Day next month
NIO to launch first sedan model at NIO Day next month

NIO plans to launch its first sedan model at the forthcoming NIO Day to be held on Jan. 9, 2020, according to Qin Lihong, co-founder and president at NIO.

Dec. 23 , 2020
Xpeng Motors founds Shenzhen-based subsidiary for R&D, sales of smart robots
Xpeng Motors founds Shenzhen-based subsidiary for R&D, sales of smart robots

Chinese EV startup Xpeng Motors recently set up a subsidiary in Shenzhen that primarily engages in the R&D and sale of intelligent robots.

Dec. 23 , 2020
China PV retail sales likely to reach 2.315 million units in Dec., said CPCA
China PV retail sales likely to reach 2.315 million units in Dec., said CPCA

The retail sales of China’s locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach 2.315 million units in December, rising roughly 7.9% year on year, according to the China Passenger Car Association (CPCA).

Dec. 22 , 2020
SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round
SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round

Xiangdao Chuxing, SAIC Motor’s mobility service brand, announced on Dec. 18 it has closed its Series A round with over 300 million yuan ($45,846,330) raised from Alibaba Group and CATL.

Dec. 22 , 2020
Huawei launches HiCar-enabled smart in-car display
Huawei launches HiCar-enabled smart in-car display

On Dec. 21, Huawei, the global leading ICT infrastructure and smart device provider, launched a smart in-car display, which is the first aftermarket-installed product powered by HUAWEI HiCar.

Dec. 21 , 2020