Electric Car
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Didi will reveal a model called D1 on Nov 16, possibly built with BYD
Chinese ride-sharing giant Didi will unveil a vehicle called the D1 on November 16, a poster released by the company today showed.
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Li Auto Q3 revenue beats estimates, shares surge about 20% pre-market
Chinese electric car maker Li Auto (NASDAQ:LI) posted third-quarter revenue of RMB 2.511 billion, which was well above the market's expectations of RMB 1.925 billion. The company reported a net loss of RMB 107 million for the third quarter, which was below market expectations of a loss of RMB 502 million.
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Why NIO has become BYD's rival
In October, NIO (NYSE: NIO) announced that it had delivered 5,055 of its three models, a new sales high since the company's inception. Unfortunately, all of these cars are powered by the lithium-ion ternary batteries from CATL, China's largest automotive lithium-ion battery maker.
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Huawei unveils DriveONE, its first electric drive system
Huawei has recently announced an all-in-one electric drive system called DriveONE, which is also the industry's first hyper-converged power domain solution.
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GAC NIO to unveil new model on November 20
Chinese electric car maker GAC NIO will unveil a new model at the Guangzhou Auto Show, which opens on November 20, with specific information unknown at this time.
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China-made Tesla Model 3 production doubles in October compared to September
China-made Tesla Model 3 production almost doubled in October, which is also the second highest selling month for Tesla in China, according to Sina Tech.
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Li ONE reportedly has another 'broken axle' accident after recent massive recall
The "broken axle" accident again haunts Li Auto, putting the Chinese electric car company back into the spotlight after recently announcing a massive recall.
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Evergrande's car making arm starts trial production, says it can produce a car per minute in the future
The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.
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XPeng Q3 revenue beats expectations, gross margin turns positive for first time
Chinese EV maker XPeng posted revenue of RMB 1.99 billion in the third quarter, higher than market expectations of RMB 1.9 billion, the company said today in financial results for the third quarter ended September 30, and expects fourth-quarter revenue of about RMB 2.2 billion.
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BYD's new A+ sedan design sketches revealed
In order to further increase its model portfolio, BYD will launch a new A+ class sedan, according to mydeivers.com. BYD currently has popular sedan models including Qin, Han, and SUV models including Song, Yuan, Tang which are all named after China's dynasties.