The Big Read: History of Changan

Changan

It is Sunday, and it means only one thing – another part of the Automaker Profile series. Who do you think is the best-selling Chinese car brand in its home market? Geely? Wuling? BYD maybe? No, that’s all wrong. In the first half of 2021, Changan was China’s biggest brand. To celebrate the achievement, part two in the Automaker Profile series is about the company from Chongqing.

For those of you who missed the first part about Nio, you can read it here.

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The Big Read: History of Nio

Story of Nio

Today we bring you the first chapter of our new series, Automaker Profile. Every Sunday, we will bring you in-depth insight into the history of one Chinese automaker together with its full profile. I can already reveal you can look forward to stories of how giants as JAC, BYD, Dongfeng, or newcomers as Xpeng, Wuling were born. Today it will be about one of the JAC’s customers – a fresh star EV startup, Nio.

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Xpeng CEO: You can’t build a smart car under $23 000. Enovate: Hold my beer

Enoreve ME5

Xpeng CEO He Xiaopeng claimed at the China Auto Bluebook Forum in June that a profitable smart vehicle can’t be less than 150 000 yuan ($23 000).

“It is impossible to make an intelligent car if it was priced lower than 150 thousand yuan because smart capabilities are always on track of progress,” Mr. He said.

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Tesla is not alone. “Mercurygate” is shaking Li Auto’s reputation in China [video inside]

Mercury Li Auto

Li Auto is one of the three most visible Chinese EV startups listed on the US exchange. Despite having only one model on sale – which is not even a pure EV (Li One is plug-in-hybrid) – they gained popularity from both Chinese customers and overseas investors. Li One was presented as a nice family SUV with great built-in quality and has sold more than 50 000 pcs so far. Now it faces customer backlash over mercury globules – toxic heavy metal – found inside its cars.

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Wuling makes a mere 89 RMB (14 USD) profit on Mini EV

Wuling HongGuan Mini EV

It seems hard to believe, doesn’t it?  A vehicle responsible for the livelihood of tens of thousands of staff- from factory workers to vendors to dealers doesn’t sound sustainable. Wuling HongGuan Mini EV is manufactured in Lizhou by a joint venture of American GM with Chinese SAIC and, of course, Wuling itself (SGMW). Continue reading “Wuling makes a mere 89 RMB (14 USD) profit on Mini EV”

Didi Chuxing removed from all APP stores in China just four days after 4.4 billion U.S. IPO

Powerful Chinese regulator Cyberspace Administration of China (CAC) ordered all country’s app stores to remove the app of the ride-hailing giant. CAC announced on Sunday late-evening that Didi is illegally collecting user’s data. The crackdown came only two days after CAC launched the investigation and cybersecurity review, announced out of the blue on Friday evening. It seems CAC doesn’t wish Didi executives to have a good sleep, according to the timing of its announcements. For existing users and drivers, Didi remains operational.

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Not Nio, not Xpeng. The first Chinese EV startup selling cars in the U.S. is Skyworth

Skywell ET5 is Imperium ET5 in U.S.
Skywell ET5 is Imperium ET5 in the U.S.

As Nio and Xpeng, the most promising Chinese EV startups, entered Europe, we all asked whether the U.S. expansion is coming. But both startups were remarkably silent or directly denied it. Even the BYD – Chinese EV veteran – is not very successful in the U.S. They sell only a few electric buses and trying luck with commercial vehicles. Not to mention Faraday Future, once Silicon Valley’s darling, whose founder bankrupted in 2019 before it could launch the car. Now Skyworth (previously known as Skywell) is taking the lead and, without much attention, enters the U.S. market with its electric SUV ET5.

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Xpeng announces its 2022 product roadmap. Reveals flagship SUV in the making

Xpeng Roadmap
Xpeng Product Roadmap

On 23rd June, the Hong Kong Stock Exchange (HKEX) showed that Xiaopeng Motors (Xpeng) passed the important step leading to the company’s stock listing. If Xpeng succeeds, it would be the first EV company listed on the Hong Kong exchange. At CNC, we love cars, so we were more interested in the details Xpeng revealed about its product line. And we were not disappointed.

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Foxconn’s new strategy: Building cars for EV startups and 10% market share by 2025

Foxconn's car brand Foxtron.
Foxconn’s car brand Foxtron. Do they want to supply to automakers or compete with them?

Hon hai, overseas know as Foxconn, is a major manufacturer for Apple and other smartphone companies. Like many technological titans, they couldn’t resist joining the car-making race. Together with Taiwanese automaker Yulon Motors, they launched an EV project called MIH last October. MIH is a name of a modular platform for building electric cars. Foxconn stated that its goal is to gain a 10% share of the EV market between 2025-2027. Foxconn believes that the MIH platform is the Android for the electric vehicle industry.

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Driverless Cars Fight Lockdown in China

Baidu Apollo Robobus
Baidu Apollo Robobus

China put the whole city of Guangzhou into semi lockdown on 31st May because of a local pandemic outbreak. Every person leaving the city needs to get tested according to SCMP. Liwan district in Guangzhou is in full lockdown, affecting around 140 000 people.

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