Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
TechNode China had a chance to test drive an EV, co-developed by Huawei and automaker Seres. Here are our takeaways.
The companies expect the new models to take a significant share in the Chinese premium EV segment and fulfill their ambitions to establish a “world-class high-end” Chinese car brand.
Geely unveiled a model electric semi-truck that will have highly autonomous driving functions in 2024, posing a threat to Tesla.
L9 will be the second production model from Li Auto and the Chinese EV maker appears to be confident that it becoming a hit.
There might be greater supply than demand in the Chinese EV market this year, UBS analyst Paul Gong said.
Xpeng, Li Auto, and Nio are downsizing as rising costs of raw materials and supply chain disruptions cut into profit margins.
Li Auto is the latest US-listed Chinese tech firm seeking a dual listing in Hong Kong. Its Hong Kong debut met with a lukewarm response.
Chinese EV sales reported robust figures in January. Tesla ended 2021 with a solid profit performance. CATL retained its competitive lead.