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China-designed Tesla vehicles to be seen on roads soon
China-designed Tesla vehicles to be seen on roads soon

Tesla’s vice president, Grace Tao, said that the company holds great hope for realizing 100% localization on all China-made Teslas and even seeing China-designed models on the road of the country in the future.

Nov. 10 , 2021
Evergrande Auto to sell HK$500 million worth of shares for vehicle production
Evergrande Auto to sell HK$500 million worth of shares for vehicle production

At HK$2.86 each share, which is 19.89% cheaper than the company’s closing price of HK$3.57 on November 9.

Nov. 10 , 2021
ECARX 7nm auto chip achieves tape-out, mass production starts next year
ECARX 7nm auto chip achieves tape-out, mass production starts next year

SiEngine Technology, the joint venture between Geely-backed ECARX and ARM China, celebrated a successful tape-out of the company’s self-developed 7-nanometer auto-grade SoC, the DragonHawk One.

Nov. 10 , 2021
Gasgoo Daily: SAIC VW plows 8 billion yuan in Changsha-based battery workshop
Gasgoo Daily: SAIC VW plows 8 billion yuan in Changsha-based battery workshop

SAIC Volkswagen invested approximately 8 billion yuan ($1.251 billion) recently in its Changsha plant to build a new battery workshop for NEVs.

Nov. 9 , 2021
BP partners with battery-swapping company Aulton for joint business
BP partners with battery-swapping company Aulton for joint business

The British energy mogul BP signed an agreement with China's battery swapping company Aulton to buy stake of the latter’s subsidiary Guangzhou Aulton New Energy Technology Co., Ltd.

Nov. 9 , 2021
Bosch-backed UAES teams up with SAIC Z-ONE
Bosch-backed UAES teams up with SAIC Z-ONE

UAES, Bosch's joint venture with Zhonglian Automobile Electronics Co.,Ltd. , has recently reached a strategic agreement with SAIC Z-ONE, the software arm of SAIC Group to explore centralization possibilities of automotive computing power and function

Nov. 9 , 2021