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CHJ Automotive to invest RMB 11 billion to build manufacturing base in Chongqing
CHJ Automotive to invest RMB 11 billion to build manufacturing base in Chongqing

Chinese EV startup CHJ Automotive recently signed an agreement with Chongqing Liangjiang New Area, saying that the start-up will invest RMB 10 billion to build an intelligent automobile manufacturing base in Chongqing.

Aug. 29 , 2018
Faraday Future completes first pre-production FF91
Faraday Future completes first pre-production FF91

EV startup Faraday Future (FF) announced that its first pre-production FF91 has rolled off the production line in Hanford, California, around a month after FF91’s first body in white was revealed.

Aug. 29 , 2018
BYD Qin Pro to hit market at end of September with presale price from RMB 110,000
BYD Qin Pro to hit market at end of September with presale price from RMB 110,000

BYD recently released the presale price for the Qin Pro, whose gasoline-powered version and DM version will be priced from RMB 110,000 and RMB 180,000 respectively. The new model will start presale on Sept. 5.

Aug. 28 , 2018
ORA first 4S shop opens, agrees deal with Junma Group for bulk purchase of 2,000 ORA cars
ORA first 4S shop opens, agrees deal with Junma Group for bulk purchase of 2,000 ORA cars

The first 4S shop of the ORA, the NEV (new energy vehicle) brand just launched by Great Wall Motor on August 20, was opened on August 26.

Aug. 27 , 2018
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion

China battery giant CATL announced on Aug. 23 that its revenue in the first half of 2018 soared 48.69% over the previous year to RMB 9.3595807 billion.

Aug. 27 , 2018
Waymo said to set up wholly-owned autonomous driving subsidiary in Shanghai
Waymo said to set up wholly-owned autonomous driving subsidiary in Shanghai

Waymo probably has set up a subsidiary in Shanghai, the latest sign of attempts by Alphabet-owned self-driving car company to step into Chinese market.

Aug. 24 , 2018