Etiqueta: BAIC

Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world's fourth-largest stock market as the launching pad to fund its overseas expansion and escape China's brutal discount war. Hozon plans to use the money from its initial public offering (IPO) to support its "internationalisation strategy", where it plans to "localise" its production facilities in different markets,

China’s fast-growing electric sedan space saw the arrival of ArcFox αS5 last weekend. ArcFox is a dedicated EV brand BAIC.

Nine major Chinese automakers, including BYD, SAIC, and NIO, have been allowed to proceed with a pilot program to test their production vehicles with

China's Ministry of Industry and Information Technology announced on Tuesday that it has granted approval to BYD, Nio, and seven other automakers to carry out tests on vehicles with level 3 autonomous driving technologies on public roads.

BYD and SAIC are among several car brands that are now permitted to conduct autonomous drive trials on public roads.

Both BYD and Geely have 3.5% share of the global car market this year as both continue to fight over who has the best PHEV system.