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Changan Auto to roll out 25 smart NEV models by 2025
Changan Auto to roll out 25 smart NEV models by 2025

Changan Auto revealed on Dec. 7 it will roll out a total of 25 intelligent new energy vehicle (NEV) models by 2025, which encompasses all-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and fuel cell vehicles (FCVs).

Dec. 10 , 2020
Qingdao plans to have 8,000 FCVs hit roads by 2030
Qingdao plans to have 8,000 FCVs hit roads by 2030

Qingdao, a coastal city in China’s Shandong province, aims to complete the construction of 50 plus hydrogen refueling stations and put 8,000 fuel cell vehicles (FCVs) on roads by the year of 2030.

Dec. 10 , 2020
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP

At the 2020 Apollo Ecosystem Conference, WM Motor unveiled its third smart all-electric SUV that boasts Level 4 autonomous driving capabilities in specific senarios, according to a posting on the startup’s WeChat account.

Dec. 10 , 2020
China's homegrown PV retail sales grow 7.8% year on year in Nov.
China's homegrown PV retail sales grow 7.8% year on year in Nov.

In Nov., around 2.11 million locally-produced PVs were handed over to consumers in China, representing a year-on-year growth of 7.8%, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2020
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion

XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, which represent 80 million Class A ordinary shares.

Dec. 8 , 2020
GAC Group’s Nov. sales up 11.38% year on year
GAC Group’s Nov. sales up 11.38% year on year

In November, GAC Group sold 217,654 vehicles, representing an increase of 11.38% compared with the same period of last year. The year-on-year decrease of the first eleven months narrowed to 2.21% with 1,834,697 vehicles sold during the period.

Dec. 8 , 2020