NIO's ET7 electric vehicle model was granted this year's Golden Steering Wheel award in the "Medium and Upper Class" category by German magazine Auto Bild on November 9, becoming the first car from a Chinese firm to win the award.
Radar, a pure electric pickup truck brand owned by Geely, launched its first mass-production model, the RD6, on November 9, and said that it will enter overseas markets next year while selecting the appropriate time for an IPO.
China's auto market experienced challenges in October. Tesla's late October price reduction in China raised questions regarding whether or not there will be price reductions by other new energy vehicle enterprises in the country.
On November 8, XPeng Aeroht, a flying car company owned by XPeng, reached a strategic partnership with four banks which will jointly provide credit lines totaling 6 billion yuan ($827 million) to the company to support its R&D and manufacturing of flying cars.
The fourth LTA-UITP Singapore International Transport Congress and Exhibition (SITCE 2022) was held from November 2 to 4. During the event, Chinese new energy vehicle manufacturer BYD unveiled Singapore’s first Blade Battery-powered bus, the B12A03.
RoboSense, an intelligent lidar company headquartered in Shenzhen, released its RS-LiDAR-E1, referred to simply as E1, a flash solid-state lidar based on self-developed chips and a brand-new technology platform.
BYD's high-end brand is tentatively scheduled to be officially launched in the first quarter of 2023, with the price of the first model exceeding one million yuan ($137,678).
Zhong Yilin, vice president of BYD's automotive engineering research institute, said that the sales volume and penetration rate of intelligent vehicles on L2 and above in China increased rapidly, which was 24.5 times higher than that in 2017.
Henry Xia, President and Co-founder of Chinese electric vehicle maker XPeng, denied rumors on November 6 that the company may be considering adopting an extended-range power system in the future.
Chinese automaker Geely Auto Group entered the EU market by signing an agreement with Hungary's Grand Automotive Central Europe (GACE) on November 4.
Pony.ai, an autonomous driving company co-located in the Silicon Valley, Beijing, and Guangzhou, is undergoing business adjustments.
As competition in the global electric vehicle industry consolidates, many automotive firms and a host of new startups are eyeing what they see as the next frontier for innovation: the sky.
With the arrival of the "Double 11 Shopping Festival", many Chinese automobile companies, such as Leapmotor, NETA Auto and AITO, have launched preferential policies with values as high as 13,000 yuan ($1,793) for vehicle purchases.
Polestar Automotive, a Swedish electric vehicle brand backed by Geely, announced on November 3 that it has received further commitments for financial and liquidity support from Volvo Cars and PSD Investment.
On November 3, BYD announced that it had achieved a sales volume in October of 217,800 new energy vehicles, a record high and the second consecutive month that the figure surpassed 200,000 units.
BYD has a total of seven models among the top 20 sales spots in the world. Among them, Qin Plus ranks 5th, Han ranks 6th, Dolphin 7th, Yuan Plus 8th, Tang 10th and Destroyer 05 17th.
Chinese electric vehicle maker XPeng initiated its largest organizational restructuring to date in October, and its delivery data that month suffered monthly and annual declines. The chairman of XPeng was given the opportunity to respond to consumer concerns.
Due to COVID-19 pandemic prevention requirements, two NIO automobile factories in Hefei, China's Anhui Province, have recently stopped production, causing delays to delivery. The latest report shows that production has now resumed.
Geely-owned premium electric vehicle brand Zeekr launched its second model, the Zeekr 009, on November 2. In addition, CEO An Conghui revealed that the company will launch two new cars during mid-to-late 2023, and that one is an SUV and the other is a sedan.
Certain vehicle models of FAW-Volkswagen's China-based Audi production unit that are due for manufacturing in 2023 will reportedly adopt BYD's DM-i/DM-p hybrid systems. Li Yunfei, the general manager of BYD's branding and public relations division later said that "this rumor is untrue."