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China’s Guangzhou to set up 10-billion-yuan fund for ICV, NEV development
China’s Guangzhou to set up 10-billion-yuan fund for ICV, NEV development

China's Guangzhou plans to build a 10 billion yuan ($1.481 billion) worth of fund to promote the development of local intelligent-connected vehicle (“ICV”) and new energy vehicle (“NEV”) industries.

Jun. 14 , 2022
China’s MIIT to conduct study on whether to extend NEV purchase tax exemption
China’s MIIT to conduct study on whether to extend NEV purchase tax exemption

Xin Guobin, vice minister of China's Ministry of Industry and Information Technology (MIIT), said on Tuesday at a press conference that a study would be made as soon as possible on whether to continue the preferential tax policy for NEV purchase.

Jun. 14 , 2022
Horizon Robotics-powered Roewe RX5 kicks off blind order
Horizon Robotics-powered Roewe RX5 kicks off blind order

Recently, SAIC Motor’s Roewe kicked off the blind order process of the third-generation RX5 model, which is the first production model built on top of SAIC Motor and chip supplier Horizon Robotics’ joint efforts.

Jun. 14 , 2022
HUAWEI reportedly to build deep cooperation with Chery Auto, JAC Group
HUAWEI reportedly to build deep cooperation with Chery Auto, JAC Group

HUAWEI has reportedly struck deals with several Chinese automakers to individually develop vehicle models under the HUAWEI Smart Selection cooperation mode, sources close to the matter disclosed to a local media outlet.

Jun. 14 , 2022
Geely said to launch high-end new energy pickup brand ‘RADAR’ this month
Geely said to launch high-end new energy pickup brand ‘RADAR’ this month

Chinese automaker Geely is about to launch a new sub-brand “RADAR” on June 17, which will be used for its high-end new energy pickups, according to a local media outlet.

Jun. 14 , 2022
SVOLT, EVE Energy, Sichuan New Energy Power to build joint venture for lithium salt project
SVOLT, EVE Energy, Sichuan New Energy Power to build joint venture for lithium salt project

On June 13, two Chinese power battery manufacturers, SVOLT and EVE Energy, signed an agreement with Sichuan New Energy Power Company Limited (“CNDL”) to build a joint venture for a lithium salt manufacturing project.

Jun. 14 , 2022