Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake. Read more…

Neta plans to expand its global network coverage to 50 countries and reach 500 overseas sales and service outlets by 2024. Read more…

China’s retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October. Read more…

That 6 millionth BYD NEV is the Bao 5, the first model from sub-brand Fangchengbao, whose first delivery took place yesterday. Read more…

Fang Cheng Bao delivered the first Bao 5 vehicles to their owners today, one day ahead of the original schedule. Read more…

Tesla is moving forward with making FSD available in China, but there’s no exact information as to when that will happen, local media quoted a company insider as saying. Read more…

Radar is accelerating its entry into overseas markets and is expected to be available in more than a dozen countries by January 2024. Read more…

The Volkswagen ID.7 Vizzion’s main competitors in China will be models including the Tesla Model 3 and BYD Han EV, with a price tag in between. Read more…

Retail penetration of NEVs in China was 41.3 percent in the November 1-19 period, and 34.8 percent year-to-date. Read more…

Pony.ai’s autonomous truck formation is led by an autonomous truck that leads the way for multiple L4 autonomous trucks. Read more…

Nio previously did its strategic planning based on a five-year length of time, but now that the market is changing so fast, the company has shifted to developing 2-year strategies, William Li said. Read more…

Zeekr is shifting its strategy from targeting niche markets to aiming at the mass market with a mainstream SUV to follow the Zeekr 007 sedan, according to local media. Read more…

One of the core members of the April 2021 Shanghai auto show drama has been ordered to publicly apologize and pay damages to Tesla in a first-instance verdict. Read more…

The Atto 3 — BYD’s first global model — continues to sell well in regions including Thailand, Singapore, New Zealand, and Brazil, the company previously said. Read more…

Nio has an MPV model planned for its third-generation NT 3.0 platform, but the launch won’t be anytime soon, the company’s management said in a user communication. Read more…

Nio’s shared battery packs will be the next generation of mass-market battery packs that support ultra-fast charging, and the battery swap experience for Nio customers will only get better, William Li said. Read more…

Li Auto is ramping up its efforts to develop chips in-house, working on both an AI inference chip for smart driving scenarios, and a SiC power chip for driving motor controllers, according to local media. Read more…

The two parties are exploring the possibility of forming a joint venture to further support Stellantis’ electrification strategy. Read more…

Nio delivered 55,432 vehicles in the third quarter, slightly above the lower end of the guidance range of 55,000 to 57,000 vehicles. Read more…

For the week of November 1-19, Li Auto was 25,400, Nio was 9,400, Xpeng was 10,400 and Tesla was 39,300. Read more…