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SAIC-GM to launch OTA upgrades of in-vehicle systems in 17 of its vehicle lines
Through the OTA remote upgrade, SAIC-GM's in-vehicle systems will bring more intelligent voice interaction, richer content resources, a better human-machine interface, and more active services.
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NIO gets policy boost from the city where its China headquarters is based
The central Chinese city of Hefei, where NIO China is headquartered, today announced a plan to accelerate the development of the local new energy vehicle industry, providing the EV maker with a more favorable policy environment.
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GAC New Energy changes its name to GAC Aion, may operate independently
GAC New Energy will formally announce the Aion brand at the Guangzhou Auto Show and announce the independence of GAC Aion, the company's source said.
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Didi's market share in Latin America approaches 50%
This underlines Didi's firm determination to develop in overseas markets.
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BofA raises NIO price target by 140% to $54.7, reiterates Buy rating
NIO is a leader among Chinese auto OEMs in terms of autonomous driving, which should help it gain share, BofA said.
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China Mobile 5G terminal sales expected to reach 100 million by year-end
The number of China Mobile 5G terminal sales has reached 85 million, which is expected to grow to at least more than 100 million by the end of the year, said Wang Hengjiang, deputy general manager of China Mobile Terminal Co. on November 19.
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US EV startup Rivian to launch small electric car in China
US electric car startup Rivian said Wednesday it will launch a small electric car for the Chinese and European markets, and could eventually produce cars in the two markets.
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BYD to launch 'fuel sedan disruptor' on November 20
BYD will unveil the Qin Plus, which the company is calling a "fuel sedan disruptor," at the 18th Guangzhou Auto Show on November 20.
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Tesla establishes auto sales and service company in NIO's home turf
On November 12, Tesla Motors Sales & Service (Hefei) Co., Ltd. was established in Hefei, Anhui Province, where NIO China is headquartered.
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NIO founder says Tesla's price cuts won't have much impact on the EV maker
"The market is big enough," Li said, noting that their main competitors should be fuel cars.