Recently, Huolala officially submitted its IPO application to the Hong Kong Stock Exchange. It is worth noting that in the application, Huolala officially mentioned its car-making project: the company is using its experience in existing vehicle leasing and sales services to explore new business opportunities, such as developing electric commercial vehicles.
Shenzhen-based automotive firm BYD offered various updates on vehicle delivery time, the launch of its fifth-generation DM-i technology in 2024, and the firm's approach to next year's falling subsidies.
On Friday, BYD launched its Destroyer 05 at the Auto Guangzhou 2021. The new car can be regarded as the sister model of BYD's Qin PLUS DM-i, which is also equipped with the DM-i super hybrid system.
On Sunday, Geely Auto Group held the "Smart Geely 2025" event in Hangzhou, announcing the first self-developed SoC "Intelligent Cockpit Chip" built with 7-nm technology.
Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.
Chinese automaker Geely Automobile announced on Tuesday that the company's total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%.
On June 26, Tesla filed a recall plan with the State Administration for Market Regulation Supervision of China as the company Tesla will make an online software update related to assisted driving.
Pony.ai on June 24 refuted recent market rumors that the company will initiate its own car production.
Chinese electric vehicle (EV) maker NIO saw its deliveries fall in May due to a global semiconductor shortage, while rival XPeng’s sales continued to grow at a robust pace as the company managed to prevent the chip crisis from hobbling its business.
Tesla announced on Wednesday that its supercharger manufacturing plant in Shanghai is now operational, less than six months after the project was launched in August last year.
Chinese electric vehicle (EV) start-up Byton decided to suspend its operations on the Chinese mainland from July 1.