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Newspaper focuses on why legacy car makers lag behind in EV market

The popularity of new car makers in China's fast-growing new energy vehicle market and the apparent lagging behind of many traditional car makers has...

SMIC Executive Departs Company

On July 4th, SMIC announced that Wu Jingang, a core technician, recently applied to resign from his position for personal reasons and completed the...

Huawei defends itself after SAIC chairman rules out use of its self-driving system

Comments by the chairman of SAIC, China's largest automaker, that using Huawei's autonomous driving system is a ceding of the soul have become one...

COVID-19 Has Given China’s AI Industry a Shot in the Arm

The artificial intelligence (AI) industry is thriving in China, and the COVID-19 pandemic has been turbocharging it. As frequent observers of Chinese news headlines...

Chinese analysts give their 10 predictions for smart car industry

The rapid growth of the new energy vehicle industry has put China on the edge of a new technological revolution. What does this mean for...

Auto chip supply expected to improve significantly from July, China’s auto association says

The shortage of automotive chips is a temporary imbalance between supply and demand, and supply is expected to improve significantly from July, the China...

Automotive MCU industry may be hit hard again

As the pandemic in 2020 led to a slump in the demand from automotive industry, MCU vendors reduced their orders and digested their inventory....

UBS cuts Tesla price target to $660, citing threats from NIO, XPeng, BYD

Wall Street is starting to worry about Tesla's valuation amid the rapid rise of Chinese electric car companies including NIO, XPeng Motors, and BYD. In...

Renault Signs EV Battery Deal with China’s Envision AESC and France’s Verkor

French carmaker Renault said on Monday it had sealed partnerships with China’s Envision AESC and France’s Verkor to produce electric car batteries in northern...

EV-maker NIO to launch flagship store in former Beijing steel plant

Chinese electric vehicle maker NIO plans to open a flagship store in Shougang Industrial Park, a reclaimed steel plant in Beijing's western Shijingshan district....

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