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China

XPENG Announces Vehicle Delivery Results for October 2022

XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for October 2022. XPENG recorded monthly deliveries in October of 5,101 Smart EVs, consisting of 2,104 P7s, the Company’s smart sports sedan, 1,665…

China’s Baidu Unveils Limited-Edition EV With Self-Driving Tech

Chinese internet search heavyweight Baidu has debuted a limited-edition electric vehicle equipped with autonomous driving features. The Robo-01 Lunar Edition is priced at 399,800 yuan ($55,300). Baidu’s EV joint venture has already received 1,000 orders and is making an additional…

Chinese Flying Cars Expect To Take Off, ‘Hurdles Like Safety Concerns Need To Be Addressed’

Chinese electric vehicle maker Xpeng Inc joined the global exploration for future transport vehicles with the formal release of its fully electric vertical take-off and landing (eVTOL) flying car. However, experts said on Wednesday that it would likely take around…

China Electric Car Sales — 26% Fully Electric, 35% Have A Plug

Plugin vehicles continue to be all the rage in the Chinese auto market. They grew 78% year over year (YoY) in September. They scored over 636,000 registrations last month, a new record. Plugin hybrids (PHEVs) surged 148% year over year…

Chinese EV Maker Xpeng Debuts Most Advanced Semi-Autonomous Driving System To Rival Tesla

Chinese electric carmaker Xpeng on Monday revealed its most advanced semi-autonomous driving system as it looks to boost appeal for its vehicles amid rising competition. Xpeng took the wraps off XNGP, its latest advanced driver-assistance system, or ADAS. The software…

China Becoming Fuel Cell Electric Vehicle Leader, World Platinum Research Indicates

China becoming a fuel cell electric vehicle leader, World Platinum research indicates. In what is a major plus for platinum demand and consequently South Africa’s local mining economy, China is poised to become a leading market for platinum-using fuel cell…

China’s CATL Slows Battery Investment Plan For U.S., Mexico

Chinese battery giant CATL (300750.SZ) has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, two people with knowledge of the matter said. The…

China Starts Shipping Electric Vehicles To Europe

For some, it would be a dream car. 653 horsepower. Zero to 100 kilometers per hour in 3.9 seconds. All-electric, all-wheel drive with a range of 500-700 kilometers (310-434 miles) depending on battery capacity. Base price €69,900 ($68,200). It is…

Rubio Says No Tax Credits For Electric Vehicles With Chinese Parts

For at least the next six years, electric vehicles made with battery components manufactured or assembled in China would be eligible for a $7,500 tax credit under the Democrats’ $749 billion climate and tax bill. To prevent U.S. taxpayer dollars…

China’s BYD Expands EV Deliveries To Germany And Sweden

One of China’s largest auto manufacturers, BYD (Build Your Dreams), recently announced plans to continue its rapid global expansion of electric vehicle deliveries. BYD Auto is considered by many to be one of Tesla’s biggest rivals, and the company isn’t…