Volkswagen committed to a new investment in China. The carmaker said on April 11 that it will invest EUR2.5 billion (US$2.67 billion) in its Hefei site to facilitate innovation and...
China-based EV makers are expected to remain the front-runners in 2024. Wang Chuanfu, BYD's chairman and president, said China's EV penetration rate will continue to grow this year,...
BYD Co., the world's largest maker of electric vehicles, will invest 100 billion yuan ($14 billion) to develop smart-car features, its founder and chief executive officer said Tues...
In the surge of China-based automakers venturing into chip self-development for electric vehicles, EV firm NIO has strategically debuted its inaugural in-house designed AD chip, the...
The emergence of China's homegrown automakers and EV companies has dramatically changed the world's largest car market. These companies have scaled up rapidly with the support from...
Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries...
Supply chain experts note a deceleration in major carmakers' investments in electric vehicle (EV) self-production projects. This shift is attributed not only to considerations of...
Chinese foundry Semiconductor Manufacturing International Corp. (SMIC) has formed a joint venture, Xinlian Power Technology, with capital from XPeng Motors, Luxshare Precision Industry,...
China-based automakers have announced their September sales. Emerging EV companies like Nio, Xpeng and Li Auto saw themselves on different growing paths. However, all three carmakers...
Xpeng Inc.'s boss He Xiaopeng met with Volkswagen AG executives in Germany recently, offering a bullish update on its partnership with Europe's biggest automaker.
The biggest debate for sell-side analysts covering Chinese equities these days centers around a $31 billion question: what is the outlook for XPeng Inc. The divide is sending shares...
China-based EV company Xpeng announced that it will acquire the smart EV project of Didi Global, a local ride-hailing leader. Xpeng also said it aims to launch a new vehicle model...
China's autonomous driving startup Momenta reportedly has recruited the Oppo-disbanded Zeku chip design team to support its in-house chip development, and has also partnered with...
