The move is the latest example of Chinese automakers looking to crack global markets while dealing with increased competition and weakening demand at home.
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Li Auto picks Nvidia over Mobileye for newest self-driving cars
Li Auto will be the first automaker to use Nvidia’s newest processor to facilitate highly autonomous driving functions for its EVs.
EV maker Xpeng has 15,000 orders for its P7 sedan
Starting at $38,400, the sedan is designed to compete with Tesla’s Model 3.
Faraday Future’s Jia Yueting files for bankruptcy in US, to return to China
The cash-squeezed EV maker plans to meet with local governments about producing the FF81.
Briefing: Didi’s rival Dida becomes second China’s largest ride-hailing service
After Didi’s safety scandals, Chinese passengers are again turning towards taxis.