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Li Auto aims to possess over 200 direct-sale retail centers in China by 2021
Li Auto aims to possess over 200 direct-sale retail centers in China by 2021

Li Auto expects the total number of its direct-sale retail stores to surpass 200 by the end of 2021 and its monthly sales to exceed 10,000 units in this year’s September, Li Xiang, founder, chairman, and CEO of the EV startup.

May 31 , 2021
NIO-backed power technology company founded in Hefei
NIO-backed power technology company founded in Hefei

XPT Limited, an affiliated company of Chinese EV startup NIO, recently founded a power technology subsidiary in Hefei, the capital of Anhui province, where NIO China is headquartered.

May 31 , 2021
First prototype of AIWAYS’ second production model U6 comes off line
First prototype of AIWAYS’ second production model U6 comes off line

The first prototype car of the AIWAYS U6 rolled off the production line at AIWAYS’ car manufacturing plant in Shangrao on May 28, marking a further advancement for the volume production of the startup’s second production model.

May 31 , 2021
【April, 2021】China Passenger Vehicle Sales Analysis
【April, 2021】China Passenger Vehicle Sales Analysis

In April, domestic PV market sold 1.7 million vehicles, a year-on-year increase of 10.8%.

May 28 , 2021
Chinese EV startups outperform Tesla by April insurance registrations with joint efforts
Chinese EV startups outperform Tesla by April insurance registrations with joint efforts

Tesla saw its April insurance registrations plunge 65.5% over a month ago to 11,949 units, fewer than the totals of all Chinese startups.

May 27 , 2021
Li Auto said to build second factory based on Beijing Hyundai’s first plant
Li Auto said to build second factory based on Beijing Hyundai’s first plant

Chinese EV startup will take over the first plant of Beijing Hyundai to build its second manufacturing plant, according to a Chinese local media outlet, citing a person briefed on the matter.

May 27 , 2021