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Li Shufu resigns as Chairman of Zhejiang Geely New Energy CV Group
Li Shufu resigns as Chairman of Zhejiang Geely New Energy CV Group

Li Shufu has resigned as Chairman of Zhejiang Geely New Energy Commercial Vehicle Group (GCV), and the position is taken over by Zhou Jianqun, who also assumes as GCV's general manager.

Dec. 13 , 2021
Xiaomi’s subsidiary Smartmi said to start automaking business
Xiaomi’s subsidiary Smartmi said to start automaking business

A member of Xiaomi’s ecosystem, Beijing Smartmi Technology Co., Ltd., is reportedly initiating its automaking process. Multiple talents from the EV field are joining the company, as sources close to the matter told a local media outlet.

Dec. 13 , 2021
SiEngine’s 7nm SoC to be implemented on Geely vehicle in 2022
SiEngine’s 7nm SoC to be implemented on Geely vehicle in 2022

SiEngine Technology, the joint venture between Geely-backed ECARX and ARM China, debuted its self-developed 7nm auto-grade SoC, the DragonHawk One, which will be mounted on a Geely vehicle in 2022.

Dec. 13 , 2021
Pony.ai voluntarily pauses driverless autonomous testing in California
Pony.ai voluntarily pauses driverless autonomous testing in California

China's leading autonomous driving company Pony.ai was found absent from the list of Driverless Testing Permits issued by the California DMV, local media Sina Technology reported.

Dec. 13 , 2021
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round

SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.

Dec. 13 , 2021
Chery Holding Nov. NEV sales double YoY
Chery Holding Nov. NEV sales double YoY

Chery Holding’s year-to-date sales volume set a new record at the end of November, with booming sales performances both domestically and internationally.

Dec. 13 , 2021