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Gasgoo Daily: BYD intends to launch employee stock ownership plan
Gasgoo Daily: BYD intends to launch employee stock ownership plan

BYD Company Limited announced on April 22 it planned to launch an employee stock ownership plan, with the total number of participants not exceeding 12,000.

Apr. 24 , 2022
Evergrande’s EV unit to begin presale of Hengchi 5 in Q2
Evergrande’s EV unit to begin presale of Hengchi 5 in Q2

Evergrande Auto, the electric vehicle (EV) unit of Chinese property giant Evergrande Group, recently established a sales subsidiary in Beijing with a registered capital of 100 million yuan ($15.5 million).

Apr. 24 , 2022
WeRide deploys Robotaxis, Robobuses in Bo'ao, Hainan
WeRide deploys Robotaxis, Robobuses in Bo'ao, Hainan

China’s autonomous driving company WeRide deployed its Robotaxis and Robobuses to the newly founded V2X pilot area in Bo’ao Dongyu Island, Hainan province.

Apr. 24 , 2022
Pony.ai greenlighted for paid Robotaxi service in Guangzhou
Pony.ai greenlighted for paid Robotaxi service in Guangzhou

On April 24th, Pony.ai announced that the company has become the first autonomous driving company to secure a government-approved taxi transport service permit in China as it won the bid in Guangzhou, Nasha district.

Apr. 24 , 2022
China's auto chip supplier NOVOSENSE goes public in Shanghai
China's auto chip supplier NOVOSENSE goes public in Shanghai

On April 22nd, China’s automotive chip supplier NOVOSENSE officially started trading on the STAR Market board of the Shanghai Stock Exchange.

Apr. 24 , 2022
BYD-backed premium brand DENZA names first MPV ‘D9’
BYD-backed premium brand DENZA names first MPV ‘D9’

DENZA, a premium auto brand majority owned by BYD, named its all-new MPV model “D9”, which is expected for delivery in the second half of this year, the automaker said on April 22 via its twitter-like Weibo account.

Apr. 24 , 2022