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GAC NIO CEO Liao Bing says he has formally resigned

Liao Bing, the CEO of GAC NIO, a joint venture between GAC Group and NIO, announced on Weibo today that he has officially resigned as CEO of GAC NIO and all executive positions in its subsidiaries and branches on January 22. (Automatic translation of Liao's Weibo page) The announcement of his departure was made at…

https://cnevpost.com/2021/01/25/gac-nio-ceo-liao-bing-says-he-has-formally-resigned/
XPeng president says upgraded autopilot system will have 40 new features

XPeng Motors' upgraded autopilot system will have 40 new features, says the Chinese EV maker's president Brian Gu (Gu Hongdi). Gu said during a Bloomberg interview that XPeng has noted the chip shortage, but it was not affected. XPeng uses high-end chips with controlled usage, Gu said. XPeng plans to launch its third model this year…

https://cnevpost.com/2021/01/26/xpeng-president-says-upgraded-autopilot-system-will-have-40-new-features/
New car with Huawei DriveONE electric drive system launched, boasting an NEDC range of over 1,000km

Chinese new energy vehicle brand SERES launched the SERES SF5 Free Expedition version at its launch event on January 25, which is said to be the world's first mass-produced electric vehicle with a range of more than 1,000 km using extended range technology. The vehicle is equipped with SERES' newly developed intelligent extended-range system and…

https://cnevpost.com/2021/01/26/new-car-with-huawei-driveone-electric-drive-system-launched/
China's electric vehicles increase prices across the board, according to CCTV

Several electric vehicle makers have issued notices that their products will increase prices, according to a CCTV survey. Although it is currently the off-season for sales, many offline stores said they have received price increase notices from manufacturers. Among them, two-wheeled vehicles, three-wheeled vehicles, and four-wheeled vehicles have all seen price increases ranging from a…

https://cnevpost.com/2021/01/26/chinas-electric-vehicles-increase-prices-across-the-board/
XPeng adds 145 new charging stations in China's Yangtze River Delta region

Chinese electric vehicle maker XPeng Motors announced Tuesday that it has expanded services of free lifetime charging for owners to 25 cities in China's Yangtze River Delta region, adding 145 new charging stations to bring the total to 326. The number of charging stations increased from 52 to 94 in Shanghai, from 59 to 124…

https://cnevpost.com/2021/01/26/xpeng-adds-145-new-charging-stations-in-chinas-yangtze-river-delta-region/
Faraday Future said to file for US listing in two weeks at earliest

Faraday Future (FF), the electric car company founded by Jia Yueting, an entrepreneur who in October 2019 filed for bankruptcy in the US after running up billions of dollars in personal debt, will file for listing in the US through SPAC (Special Purpose Acquisition Company) and announce its financing in China in within two weeks…

https://cnevpost.com/2021/01/26/faraday-future-said-to-file-for-us-listing-in-two-weeks-at-earliest/
WM Motor's W6 to start pre-sale in March

WM Motor, NIO's local rival, will open the pre-sale of its recently announced mid-sized all-electric SUV WM W6 in March 2021, according to cet.com.cn. Relying on a full vehicle solution of 5 millimeter-wave radars, 7 HD cameras, and 12 ultrasonic radars, the WM W6 is equipped with a self-driving computing platform -- ACU, developed in…

https://cnevpost.com/2021/01/26/wm-motors-w6-to-start-pre-sale-in-march/
Will OPPO be next tech giant to enter car-making industry?

Chinese cell phone maker OPPO has applied for car-related patents including "collision avoidance alert", "vehicle control", "vehicle positioning" and "distance measurement method", indicating that it may also be entering the car sector. OPPO may, like Huawei, develop and produce control chips for cars in the short term, promoting its own smart ecology and driverless technology…

https://cnevpost.com/2021/01/26/will-oppo-be-next-tech-giant-to-enter-car-making-industry/
BYD files patent for wearable device with car-finding function

BYD has applied for a patent for a "wearable device with a car finding function" with a filing date of December 2017, which was only recently made public, according to data provider Tianyancha. The patent abstract shows that the patent relates to a wearable device with a car-finding function that enables users to quickly find…

https://cnevpost.com/2021/01/26/byd-files-patent-for-wearable-device-with-car-finding-function/
BYD reportedly to buy Aston Martin at valuation of $5.7 billion

Chinese automaker BYD is preparing to buy Aston Martin at a valuation of 37 billion yuan ($5.7 billion) and help the British luxury car brand achieve full electrification, mydrivers.com quoted rumors as saying. Aston Martin has only just turned a profit, while BYD's market capitalization has exceeded RMB 600 billion ($9.27 billion), so BYD does…

https://cnevpost.com/2021/01/26/byd-reportedly-to-buy-aston-martin-at-valuation-of-5-7-billion/
NIO ET7 features flexible AMOLED center screen from BOE

Chinese EV maker NIO's new flagship electric vehicle, the ET7, features a 12.8-inch flexible AMOLED center display and 10.2-inch HDR Mini LED-backlit digital instrument cluster from Chinese OLED display giant BOE, according to display and semiconductor industry research firm CINNO Research. The NOMI AI assistant features a 2.18-inch round flexible AMOLED display from BOE, according…

https://cnevpost.com/2021/01/26/nio-et7-features-flexible-amoled-center-screen-from-boe/
XPeng releases Xmart OS v2.5.0, brings public beta of NGP navigation assisted driving feature

Chinese electric vehicle maker XPeng Motors pushed Xmart OS v2.5.0 to users on the evening of January 26 Beijing time, its most feature-rich and powerful OTA upgrade, bringing the long-awaited Navigation Guided Pilot (NGP) automatic navigation-assisted driving (public beta) to users. This upgrade added more than 40 new features and achieved more than 200 user…

https://cnevpost.com/2021/01/26/xpeng-releases-xmart-os-v2-5-0-brings-public-beta-of-ngp-navigation-assisted-driving-feature/
Can XPeng's upcoming new sedan challenge Tesla on self-driving?

Chinese EV maker XPeng Motors' President Brian Gu (Gu Hongdi) said the company plans to launch the third model this year, with deliveries as early as the fourth quarter, according to Bloomberg. The new model, due out in 2021, will use XPeng's custom automotive-grade LiDAR, produced by DJI-incubated Livox, making self-driving technology a big selling…

https://cnevpost.com/2021/01/26/can-xpengs-upcoming-new-sedan-challenge-tesla-on-self-driving/
NIO has become a 'religion' for its car owners

In 2012, with the launch of Tesla's first mass-produced car, Model S, CEO Elon Musk not only brought about a revolution in car's power source but also overturned the sales model of car companies. In November 2017, William Li, founder of NIO, built the first NIO House in Beijing with rents costing tens of millions…

https://cnevpost.com/2021/01/27/nio-has-become-a-religion-for-its-car-owners/
Chinese e-bike maker soars 350 percent on NASDAQ debut

Chinese e-bike maker EZGO Technologies jumped 352.75 percent on its first day of trading on the NASDAQ on Tuesday, triggering three meltdowns. The company, which went public at a offering price of $4, opened at $10.59 and closed at $18.11. It issued 2.8 million shares through the IPO to raise $11.2 million. The company is…

https://cnevpost.com/2021/01/27/chinese-e-bike-maker-soars-350-percent-on-nasdaq-debut/
Buffett-backed BYD reportedly plans to launch premium new energy vehicle brand in 2022

Warren Buffett-backed Chinese electric car company BYD plans to launch a separate premium new energy vehicle brand in 2022, with products based on a new platform and a separate dealer network, according to Yicai.com. The report cited sources familiar with the matter as saying that BYD executives have decided to recruit new dealership investors and…

https://cnevpost.com/2021/01/27/buffett-backed-byd-reportedly-plans-to-launch-premium-new-energy-vehicle-brand-in-2022/
Chinese city Zhuhai reportedly invests $300 million in Faraday Future

Chinese state-owned capital from the city of Zhuhai has invested RMB 2 billion($300 million) in Faraday Future's (FF) latest funding round, Sina Tech reported Wednesday, adding that the investors could also bring policy support to the company. Geely is also interested in participating in FF's new round of financing with an intention to invest $30…

https://cnevpost.com/2021/01/27/chinese-city-zhuhai-reportedly-invests-300-million-in-faraday-future/
Chinese ministry urges addressing shortened electric vehicle range in winter

China's Ministry of Industry and Information Technology (MIIT) has urged vehicle and battery manufacturers to research to improve the driving performance of electric vehicles in cold weather in order to improve user experience. The significant performance degradation of electric vehicle batteries in low-temperature environments, battery capacity decay, and range shrinkage have sparked widespread concern. Especially…

https://cnevpost.com/2021/01/27/chinese-ministry-urges-addressing-shortened-electric-vehicle-range-in-winter/
MARVEL R, SAIC's electric SUV with 5G connectivity, to be launched on Feb 7

The "R" brand, a high-end electric vehicle marque of SAIC, recently announced that its 5G-connected smart electric SUV, MARVEL R, will be launched on February 7. The vehicle is the first mass-produced smart electric vehicle in China to receive a 5G terminal telecom equipment network access license and SRRC automotive-grade 5G/C-V2X terminal product certification. MARVEL…

https://cnevpost.com/2021/01/27/marvel-r-saics-electric-suv-with-5g-connectivity-to-be-launched-on-feb-7/
Tesla to increase production capacity at Shanghai factory to 450,000 units this year

Tesla plans to increase production capacity at its Shanghai Gigafactory from 250,000 units o 450,000 units per year, thepaper.cn reported, adding that the Model Y, which started production at the end of 2020, will reach maximum capacity. Tesla's fourth-quarter earnings report showed that Model 3 production capacity at its Shanghai Gigafactory can be maintained at…

https://cnevpost.com/2021/01/28/tesla-to-increase-production-capacity-at-shanghai-factory-to-450000-units-this-year/
BYD reportedly to unveil EV platform in April

BYD's E2.0 pure electric vehicle platform is scheduled to be unveiled during the Shanghai Auto Show at the end of April, with a new vehicle, the "Dolphin," using the platform, set to go on sale in the fourth quarter of this year, according to jiemian.com. BYD's high-end brand is planned to be released in 2022…

https://cnevpost.com/2021/01/28/byd-reportedly-to-unveil-ev-platform-in-april/