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BYD purchases 6.93% stake in chipset developer Allystar
BYD purchases 6.93% stake in chipset developer Allystar

BYD Company Limited (BYD) has acquired 6.93% equity stake in Allystar Technology (Shenzhen) Co.,Ltd., becoming one of the five shareholders newly added on October 15 to the latter’s investor lineup.

Oct. 19 , 2020
Geely Technology Group launches intelligent battery swapping stations in Jinan
Geely Technology Group launches intelligent battery swapping stations in Jinan

Geely Technology Group and Jinan municipal government entered into on October 18 an all-round strategic cooperation to jointly develop smart battery swapping service network.

Oct. 19 , 2020
Li Auto delivers 20,000 vehicles in just 10 months
Li Auto delivers 20,000 vehicles in just 10 months

It had delivered more than 20,000 Li ONEs in only 10 months.

Oct. 19 , 2020
Tencent partners with Hyundai CRADLE (Beijing) for smart mobility business
Tencent partners with Hyundai CRADLE (Beijing) for smart mobility business

Tencent Intelligence Mobility, Tencent’s smart transportation solution developer, announced an innovative strategic partnership formed on October 16 with Hyundai CRADLE (Beijing), for the collaboration on auto-related mobility services.

Oct. 16 , 2020
Securities firm says China-made Tesla Model Y expected to be priced at RMB275,000
Securities firm says China-made Tesla Model Y expected to be priced at RMB275,000

The starting price of the China-made Model Y is expected to be down to RMB275,000 (about 40,920 dollars) when the price of the China-made Model 3 is set at RMB250,000.

Oct. 16 , 2020
Production planning of SAIC Volkswagen’s MEB e-factory emerges
Production planning of SAIC Volkswagen’s MEB e-factory emerges

With a predicted annual capacity of 360,000 vehicles for the first phase, the SAIC VW's MEB factory is said to manufacture the Audi Q4 Sport e-tron, the Volkswagen ID.4 X, the mass-produced version of the ID.ROOMZZ and the SKODA ENYAQ.

Oct. 16 , 2020