Behind the high-level adjustment of Huawei's automotive business, achieving profitability remains the biggest challenge at present.
Li Auto plans to enter the field of autonomous driving trucks.
XPeng Motors plans to enter the German, British, French, and other markets next year.
On August 25th, the 26th Chengdu Motor Show opened. New energy vehicle brands have successively launched products, technologies, and price strategies, further intensifying competition within the industry.
The DJI Automotive is seeking external financing, with an estimated valuation of up to $1.5 billion.
Xiaomi has taken a crucial step in car manufacturing by obtaining the qualification for electric vehicle production.
Fafa Automobile (Hubei) Co., Ltd. was established with Wang Zhigang as the legal representative. Faraday Future plans to relocate its FF China headquarters to Huanggang while retaining its global headquarters in Los Angeles, California.
On August 17th, BYD held the FANG CHENG BAO brand technology launch event last night. The first model, SUPER 5, made its debut, the FANG CHENG BAO brand also brought "One more thing" - the full-size new energy hardcore off-road concept car SUPER 8.
Faraday Future (FF) announced today that it has officially delivered the first ultra-intelligent technology luxury car FF 91 2.0 Futurist Alliance to its first spire user, and held a new car delivery ceremony for the first spire user on August 12th.
NETA, which was introduced overseas one year ago, has now been officially established and launched in Indonesia at the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition.
On August 9th, Shenzhen, China - BYD, the world’s leading manufacturer of new energy vehicles and power batteries, rolled off its 5 millionth new energy vehicle (NEV), a DENZA N7, on August 9th, making it the first automaker in the world to achieve this milestone.
Baichuan releases its third large-scale model, Wang Xiaochuan: The opportunity for large models may not necessarily be limited to big companies.
On July 31st, it was announced at Geely Automobile's internal conference that CEO Gan Jia Yue revealed that Geely Automobile has developed a fully self-developed AI large-scale model technology and will be released to the public in the second half of this year.
On July 31st, Faraday Future has completed all compliance and system tests. In addition, FF's first model, the FF91, will begin its second phase of delivery for the Futurist Alliance on August 1st Beijing time.
Xiaomi invests in Prophesee's sensor revolution. Prophesee's EVS mimics the human eye, backed by Sony. Collaborates with Qualcomm for smartphone camera enhancement. XR market interest, raised 50M euros in Series C with Chinese investors. China's potential for smartphones, XR, IoT, robotics, EVs.
On July 24th, the BYD Song PLUS EV Champion Edition will officially enter the European market. The new car is scheduled to debut during the opening of Munich Station in September. The official name of this car on European market will be "Seal U".
On July 13th, it was reported that several automotive bloggers recently announced that the Tesla Gigafactory Shanghai has produced its one millionth Model Y.
On July 11th, Changan Automobile and Tencent signed a strategic cooperation agreement in Chongqing, China. Building upon their previous collaboration, the two parties will strengthen cooperation in multiple areas such as intelligent cockpit, navigation and maps, autonomous driving, overseas ecosystem, and corporate digital transformation.
On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.
Tesla's Shanghai factory has started laying off employees related to battery assembly. This round of layoffs mainly affects employees in the first phase of battery assembly, with over 50% of them being laid off