Tesla announced in a post on its official Chinese Weibo account that it will use Baidu’s mapping services for its vehicles in China. The company said that its map data service provider will be replaced by Baidu so Tesla owners can have a “better driving experience on the road.”
Eric Walz2020-01-21 14:30 PT
Italian American automaker Fiat Chrysler is looking to bolster its presence in China and plans to build electric, connected vehicles for the world’s biggest auto market in a new joint venture with Foxconn.
FutureCar Staff 2020-01-16 14:05 PT
Electric automaker Tesla plans to open a design and research center in China to make what it called “Chinese-style” vehicles. The made the announcement in a recruitment notice on the Chinese social media platform WeChat, which is the equivalent of Twitter in China.
FutureCar Staff 2020-01-16 11:35 PT
Electric carmaker Lixiang Automotive has filed for a confidential U.S. IPO this week and is making plans to become the second Chinese automaker behind NIO to launch an IPO in the U.S.
FutureCar Staff 2020-01-03 14:50 PT
Chinese electric vehicle startup NIO, which is going up against rival Tesla in its home market, beat its quarterly revenue estimates due to rising demand for its electric vehicles. The news sent NIO’s share price up around 40% on Monday.
Eric Walz2019-12-30 08:35 PT
Less than twelve months after construction began, electric automaker Tesla will deliver the first Model 3 sedans built at the company’s new Shanghai gigafactory.
Eric Walz2019-12-27 09:30 PT
Automakers and tech companies may be going all in on autonomous vehicles globally, but a recent survey reveals that they’ll find more willing consumers in China than in Europe and the United States.
Vineeth Joel Patel2019-12-24 06:00 PT
Mercedes Benz parent Daimler’s Chinese joint venture partner Beijing Automobile Group Co Ltd (BAIC) is looking to increase stake in the Stuttgart-based automaker in a bid to become a bigger shareholder than its rival Zhejiang Geely Holding Group (Geely). According to a report from Reuters, BAIC plans to double its stake in Daimler to around 10% and also secure a board seat with the German luxury automaker.
Eric Walz2019-12-16 10:50 PT
Tesla announced on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help boost Tesla’s push into China, the world’s biggest market for EVs and an important market for the California-based electric automaker.
FutureCar Staff 2019-12-06 15:15 PT
German automaker BMW and its Chinese partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year. The new plant will produce the BMW electric MINI and Great Wall Motor models.
Eric Walz2019-11-29 10:45 PT
Electric vehicle startup Xpeng Motors today announced the signing of its Series C capital funding of US$400 million. The funding comes from a group of strategic and institutional investors, including corporate and individual investors and private equity firms.
Eric Walz2019-11-12 17:00 PT
Tesla unveiled its first run of vehicles built in China late last week, an important milestone for the company as it prepares to start sales of domestically made electric sedans in China. The Deep Metallic Blue-painted Model 3s include Tesla badging in Chinese characters, differentiating them from their U.S. built counterparts.
FutureCar Staff 2019-11-11 16:30 PT
China’s BYD Company Ltd. (BYD) and Japan’s Toyota Motor Corporation announced that they have signed an agreement to establish a joint company to research and development of electric vehicles.
Eric Walz2019-11-08 11:00 PT
Chinese electric car startup Nio is partnering with Intel’s autonomous driving subsidiary Mobileye to develop self-driving vehicles for the consumer market in China and eventually to other overseas markets.
Eric Walz2019-11-05 10:05 PT
The new partnership looks to be promising for both companies, as they’ve set their sights on coming out with a pilot in September that will see self-driving tech being driven around in Beijing and Shanghai.
Vineeth Joel Patel2019-09-02 05:45 PT
In what could be a big boost for Tesla, China will exempt the automakers’ electric vehicles (EV) from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website.
FutureCar Staff 2019-08-30 06:30 PT
Chinese electric automaker NIO plans to reduce its workforce by at least 1,200 by the end of September, William Li, founder, chairman and CEO of the high-profile EV startup revealed yesterday in an internal email to employees.
FutureCar Staff 2019-08-23 16:30 PT
The head of a broad coalition of Japanese, German and South Korean automakers warned on Friday that renewed punitive Chinese tariffs on U.S. autos would hurt U.S. vehicle exports to China and put U.S. jobs at risk.
FutureCar Staff 2019-08-23 16:02 PT
Chinese electric automaker NIO Inc's stock fell nearly 4 percent on Monday, to $3.02 per share, after the company announced July deliveries and battery recalls on nearly 5,000 of the automaker's ES8 SUVs.
Eric Walz2019-08-13 13:45 PT
Didi Chuxing, the world’s largest transportation provider, announced that it has spun off its autonomous driving unit into an independent company. Didi said new unit will continue to focus on research and development, product application, and business development related to autonomous driving technologies.
Eric Walz2019-08-05 12:05 PT
Vineeth Joel PatelJan 19, 2020 6:30 AM PT
Vineeth Joel PatelJan 18, 2020 6:00 AM PT
Eric WalzJan 17, 2020 2:00 PM PT
Vineeth Joel PatelJan 17, 2020 12:00 PM PT