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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 , 2022Xin 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 , 2022Recently, 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 , 2022HUAWEI 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 , 2022Chinese 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 , 2022On 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.
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