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William Li holds lower percentage of shares in NIO
William Li holds lower percentage of shares in NIO

William Li, founder and chairman of NIO, holds more shares in the New York-listed EV startup while the percentage slightly decreased, according to a document file to the U.S. Securities and Exchange Commission (SEC) earlier this week.

Apr. 17 , 2020
Xpeng continues to use NVIDIA self-driving computing platform for next-generation smart EVs
Xpeng continues to use NVIDIA self-driving computing platform for next-generation smart EVs

Xpeng Motors, a Guangzhou-based electric vehicle (EV) manufacture, announced on April 16 it will continue to use NVIDIA’s AI-enable autonomous driving computing platform in its next-generation intelligent BEV models.

Apr. 17 , 2020
Tesla’s China operation entity moves to Shanghai Free Trade Zone
Tesla’s China operation entity moves to Shanghai Free Trade Zone

Tesla (Shanghai) Co.,Ltd., the operation entity of Tesla's China business, has moved to Shanghai Pilot Free Trade Zone (SHFTZ), marking that it will enjoy more preferential governmental policies to further facilitate its China trade.

Apr. 17 , 2020
Two refreshed models of Geely’s BMA-based Binyue hit the market
Two refreshed models of Geely’s BMA-based Binyue hit the market

The Binyue PRO and ePRO go on sale on April 15 with eight variants priced from RMB79,800 and to RMB149,800.

Apr. 16 , 2020
Changan expected to gain profit in Q1 from the year-ago net loss
Changan expected to gain profit in Q1 from the year-ago net loss

Chongqing Changan Automobile Co., Ltd. (Changan) expects its 2020’s first-quarter (Q1) net profit attributable to shareholders reach RMB500 million to RMB750 million.

Apr. 16 , 2020
Jiangsu issues guidelines to revive automobile sales
Jiangsu issues guidelines to revive automobile sales

Jiangsu Provincial Government announced earlier this month its guidance measures to revive automobile consumption, which is hit hard by the coronavirus outbreak.

Apr. 15 , 2020