Geely said the Covid-19 outbreak in some regions and a global chip supply shortage affected its deliveries in August, but retail sales were still at an all-time high for the same period.
After removing the head of its smart driving product unit in July, Huawei recently announced its latest structural changes to its automotive business unit.
The global NEV sales are expected to grow 84 percent to 5.96 million units in 2021 and 40 percent to 8.37 million units in 2022, said CITIC Securities.
Officials from China’s top economic planner, the National Development and Reform Commission, recently researched the “battery swap model” of new energy vehicles and its application in Beijing.
With the development of smart connected cars, cyber data security issues have come to the fore and could pose significant security risks, a senior Chinese official said.