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SAIC Motor’s chairman says auto chip shortage likely to ease in late July
SAIC Motor’s chairman says auto chip shortage likely to ease in late July

The industry-wide chip shortage is likely to be alleviated in late July and the chip supply will basically get back to normal in the third or fourth quarter of this year, SAIC Motor’s Chairman Chen Hong said on June 30.

Jun. 30 , 2021
Evergrande Auto launches automated valet parking system
Evergrande Auto launches automated valet parking system

Evergrande Auto, the EV maker owns auto brand Hengchi, launched its automated valet parking system (AVP) on June 29, demonstrating its progress in the R&D of autonomous driving technologies.

Jun. 30 , 2021
Insurance registrations of Chinese NEV startups in May rocket over 200% YoY
Insurance registrations of Chinese NEV startups in May rocket over 200% YoY

In May, the registration of the vehicles from Chinese EV startups reached roughly 30,100 units, zooming up 221.6% from a year earlier, while also rising 10.1% from the previous month.

Jun. 29 , 2021
【May, 2021】China Passenger Vehicle Sales Analysis
May, 2021】China Passenger Vehicle Sales Analysis

In May, passenger vehicle market sold 1.65 million vehicles, a year-on-year decrease of 1.8%.

Jun. 29 , 2021
China PV wholesales in May: Hongguang MINIEV, Model 3 among top 10 PVs with only BEVs for sale
China PV wholesales in May: Hongguang MINIEV, Model 3 among top 10 PVs with only BEVs for sale

Among the top 10 locally-made PV models by May wholesales, there were eight car models and only two SUV models.

Jun. 28 , 2021
Foton Motor in early stage of cooperation with Huawei on autonomous driving business
Foton Motor in early stage of cooperation with Huawei on autonomous driving business

Foton Motor recently revealed via an investment information platform that it is carrying out preliminary cooperation with Huawei for autonomous driving business.

Jun. 28 , 2021