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Car and City: insurance registrations of China-made VW ID. doubles in July
Car and City: insurance registrations of China-made VW ID. doubles in July

The cumulative registrations of the series amounted to 10,811 vehicles.

Aug. 27 , 2021
SAIC Motor sets up CV smart driving tech company
SAIC Motor sets up CV smart driving tech company

On August 26, SAIC Motor announced the foundation of a commercial vehicle (CV) intelligent driving technology company dubbed Shanghai Youdao Zhitu Technology Co.,Ltd., which will be located in Lin-gang Special Area.

Aug. 27 , 2021
China's NEV insurance registrations make up 13.6% of total vehicle registrations in July
China's NEV insurance registrations make up 13.6% of total vehicle registrations in July

CBIRC data shows that 11,538,743 new passenger vehicles were registered nationwide in the first seven months of this year, up 26.9% versus the same period of last year, 5.7 percentage points less than that of the first half of this year.

Aug. 27 , 2021
BYD Semiconductor sets up Jinan-based subsidiary after IPO plan halted
BYD Semiconductor sets up Jinan-based subsidiary after IPO plan halted

Jinan BYD Semiconductor Co.,Ltd., whose majority shareholder is BYD Semiconductor Co.,Ltd., was set up on August 24, according to the business data provider Tianyancha.

Aug. 26 , 2021
CATL scores 131.45% YoY surge in semi-annual net profit
CATL scores 131.45% YoY surge in semi-annual net profit

For the first half of 2021, CATL's net profit attributable to shareholders surged 131.45% to 4.484 billion yuan ($692.402 million).

Aug. 26 , 2021
Baidu-backed JiDU Auto, Hesai Technology join hands to build smart driving system
Baidu-backed JiDU Auto, Hesai Technology join hands to build smart driving system

on August 25, JiDU Auto, a smart electric vehicle venture between Baidu and Geely, signed a strategic cooperation agreement with Hesai to co-develop safer and more efficient intelligent driving systems.

Aug. 25 , 2021