The light commercial vehicle joint venture between Renault and China Brilliance Automotive is no longer paying employees’ salaries, moving it another step closer to liquidation, reports the South China Morning Post. Renault Brilliance Jinbei Automotive, in which Renault owns a 49% stake, earlier this week told more than 1,000 employees that the company would not […]
Category: Autos
Fast-growing Chinese EV maker NIO has launched a mid-size car that boasts a “digital cockpit” that it hopes will compete with Tesla’s market-leading Model 3, reports the South China Morning Post. The Shanghai-based carmaker also announced its plans to be present in 25 countries and regions by 2025. After beginning sales in Norway earlier this […]
Chinese electric-vehicle (EV) manufacturer Xpeng has announced that over 430,000 wrongfully taken photos of people in its showrooms have been deleted, having been given a RMB 100,000 ($15,706) fine for their collection in early December, reports Caixin. Xpeng admitted to “unfamiliarity with certain laws” and making incorrect decisions when buying equipment, while also saying that […]
The CEO of US ride-hailing firm Uber announced on Tuesday that the company intends to divest itself of stakes in what it deems as non-strategic investments in other businesses, including its shares in embattled Chinese counterpart Didi Global, reports the South China Morning Post. Speaking at a virtual fireside chat with a UBS analyst, Chief […]
SiEngine Technology, a Wuhan-based car chip designer, has revealed its first automotive-grade smart cockpit chip which is set to start mass production and be installed in vehicles by late 2022, reports Caixin. The launch of the new system-on-a-chip (SoC) named DragonHawk 1, which will be made by Taiwan chipmaker TSMC using its 7-nanometer manufacturing technology, […]