NIO Partners With NVIDIA To Develop A New Generation Of Automated Driving Electric Vehicles
NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities. NIO…
Warren Buffett-Backed Chinese Electric Car Company Outsells Its Start-Up Rivals
Chinese automaker BYD is selling far more luxury electric sedans a month than the leading start-ups in the country, even though sales of electric passenger cars fell 11% last year. BYD, backed by American billionaire Warren Buffett, disclosed that sales…
Xpeng Partners With Livox For Lidar In 2021 Vehicles
The Guangzhou-based automaker will be the first to deploy lidar tech in a production electric vehicle. Xpeng Motors has selected Livox, a leading manufacturer of lidar equipment, to deploy its automotive-grade lidar technology in Xpeng’s 2021 production vehicles. We recently…
China’s GEM Seeks To Double Stake, Take Control Of Indonesia Nickel Project
Chinese electric vehicle battery firm GEM Co Ltd said on Monday it aims to double its stake in an Indonesian nickel project, becoming the majority investor to strengthen “strategic control” of the resources amid a nickel shortage. Under a framework…
Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton
Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the…
Kandi Enters Into Strategic Cooperation Agreement With Agricultural Bank Of China Hangzhou Branch
Kandi Technologies Group, Inc. (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. Given China’s effort to both encourage the battery swap model for electric…
MEG Announces Purchase Agreement For 2,000 Units Of D1, BYD’s Custom Electric Ride-Hailing Vehicle
Ideanomics announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The…
BYD’s EV Battery Recycling Goes Global With Itochu
Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…
Geely’s Zero EV Project Is Already A Prototype: 435-Mile Range, Deliveries In 2021
The timeline may have just been stepped up for a next-level, dedicated electric vehicle platform for Volvo, Polestar, Lynk & Co., and other Geely Auto Group brand vehicles. The Zero Concept, which marked the debut of a future dedicated electric…
China Issues Blueprint For Development Of New Energy Vehicle Industry Through 2035
As the incoming Biden Administration prepares to assume office and fulfill campaign promises to support significant spending in the zero emission vehicle industry—including in the construction of hundreds of thousands of electric vehicle chargers, and in the development of stringent…
