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Li Auto releases OTA 2.2 with multi-section voice control
Li Auto releases OTA 2.2 with multi-section voice control

Li Auto released its OTA 2.2 version recently which has been pushed to users already. The new version includes two significant updates, the application center and the free conversation function.

Sep. 16 , 2021
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies
XPeng’s LiDAR-powered P5 hits market, priced from 157,900 yuan after subsidies

Coming with six trim levels, the XPeng P5 is priced between 157,900 yuan ($24,550) and 223,900 yuan ($34,815) after incentives.

Sep. 16 , 2021
SAIC invests in Momenta’s new funding round
SAIC invests in Momenta’s new funding round

According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.

Sep. 16 , 2021
BYD intends to replace oil-fueled cars with DM-i models
BYD intends to replace oil-fueled cars with DM-i models

BYD is gradually decreasing the proportion of oil-fueled vehicles in production and attempts to replace ICEV (internal combustion engine vehicle) with DM-i models in the future.

Sep. 15 , 2021
Xiaomi invests in another automotive parts supplier
Xiaomi invests in another automotive parts supplier

KH Automotive Technologies Co., Ltd. (KHAT), has added Xiaomi-backed joint venture company Yangtze River Xiaomi Industry Fund to its list of shareholders, with an RMB700,000 increase in registered capital, according to Tianyacha.

Sep. 15 , 2021
Leapmotor partners with China Construction Bank, securing RMB10 billion in capital
Leapmotor partners with China Construction Bank, securing RMB10 billion in capital

China’s EV startup, Leapmotor, has signed a strategic agreement with China Construction Bank, Zhejiang provincial Branch.

Sep. 15 , 2021