Leapmotor aims to conquer the world using a similar strategy to BYD
Leapmotor founder and CEO Zhu Jiangming has recently been busy outlining the company’s future strategy and answering the public’s questions. Not only has he given more details about new cars for Europe, but he has also addressed how Leapmotor can produce cars so cheaply. – Advertisement – As part of...
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Xpeng details its new AI Turing chip that it will use in its cars
On October 6, at the Xpeng AI Day event, company CEO He Xiaopeng outlined his vision for the company. In his speech, he mentioned that it takes time for technology to change the world, that he believes AI will change the world, and that he wants to position Xpeng as...
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Xpeng to launch an industry redefining EREV system in break from fully electric route
On October 6, at the Xpeng AI day event, company CEO He Xiaopeng announced that the company is developing a new EREV system that it will put into production in the future. The announcement is a major shift in strategy for the company, which has up until now only produced...
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Chinese automaker Neta reportedly halts production and cuts salaries
Neta NEV brand from Hozon Auto reportedly halts production in the Zhejiang factory and cut salaries as its sales performance declined in China. The brand’s CEO Zhang Yong stopped updating its blogs on Weibo and TikTok. – Advertisement – Neta was founded in 2018 by Hozon Auto as a mainstream...
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