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By the end of 2020, Shanghai had opened up a total of 243 roads that spans 559.87 kilometers for the road tests of intelligent-connected vehicles (ICVs), according to a report recently issued by the Shanghai Municipal Transportation Commission.
Mar. 15 , 2021XPeng Inc. announced on March 15 it has signed an agreement with Guangdong Yuecai Investment Holdings Co., Ltd. (“Utrust”), the investment arm of the Guangdong provincial government, for a strategic investment worth 500 million yuan.
Mar. 15 , 2021In February 2021, four major Japanese automakers, namely Toyota, Honda, Nissan, Mazda, all saw their China sales vigorously surged from a year ago when the country was at the height of the coronavirus pandemic.
Mar. 12 , 2021Tesla (Shanghai) Co.,Ltd. on March 9 removed “the sales of new energy vehicle (NEV)-related battery swapping facilities, batteries and photovoltaic devices” from its business scope, according to the corporate data platform Tianyancha.
Mar. 11 , 2021On March 8, Chongqing Sokon Industry Group Stock Co.,Ltd. signed a memorandum of understanding (MoU) with Huawei Device Co.,Ltd., a subsidiary of Huawei, to co-explore cooperation on new energy vehicle (NEV) business.
Mar. 10 , 2021Chongqing Changan Automobile Co., Ltd. (Changan Automobile) said its monthly sales reached 162,708 units in Feb., zooming up 465.82% from a year ago. Its year-to-date sales also surged 153.89% to 414,688 units.
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