CnEVPost Newsletter: China's auto data security regulations

China issues regulations on auto data security, to take effect Oct 1 - CnEVPost — cnevpost.com After a public comment period that began in mid-May, China on Friday officially released regulations on automotive data security management, which will come into effect on October 1.

NIO drops 17 spots to 246 in Hurun World 500 list - CnEVPost XPeng failed to make the list this year, ranking 404th in 2020 with a valuation of RMB 248.8 billion.

XPeng issues 317,500 new shares under equity incentive plan - CnEVPost XPeng Motors announced Friday the issuance of 317,500 Class A common shares, representing 0.02 percent of its total issued shares previously.

Evergrande, Xiaomi clarify reports of former's EV unit stake sale - CnEVPost "As of now, the Xiaomi Group has indeed approached various car building teams from various parties for communication and discussion, but the group has not made any resolution on the intention to cooperate."

New policy in China to take effect next month will facilitate used car transactions - CnEVPost As China's used car trade grows rapidly, some policies seen as potentially hindering its growth are being tweaked.

Latest abuse of assisted driving brings more scrutiny to the feature - CnEVPost A video shared Friday by a car blogger shows a driver sitting in the passenger seat of a vehicle on the highway and letting the vehicle drive itself.

Sales of models with L2 assisted driving reached 192,500 units in China in July, report says - CnEVPost That includes 75,000 smart new energy vehicles and 118,000 smart fuel vehicles.

BYD, China's next hardware giant - CnEVPost Although BYD just saw a market cap rally in the past few days, we believe it is still undervalued and has a 22% upbeat opportunity as of August 20, 2021.

Qualcomm-backed ZongmuTech helps Changan, JAC models claim top two spots in self-driving contest - CnEVPost While eyes are focused on the self-driving capabilities of the new car makers, some technology providers are helping other car companies gain equal access to such capabilities.

Chip shortage's impact on China's auto industry expected to last until next spring - CnEVPost The impact of the chip shortage on China's auto industry will continue into next spring due to the Covid-19 outbreak in Malaysia, China Securities Journal said on August 20, citing industry sources.

Chip shortage to cut global car production by up to 7.1 million units this year, IHS Markit says - CnEVPost The shortage of chips will lead to a reduction in global auto production of 6.3 million to 7.1 million units this year, with a possible reduction of 2.1 million units in the third quarter alone, IHS Markit said.

Digital license will be available to all drivers in China next year - CnEVPost Chinese authorities recently announced that the digital driver's license pilot will cover more cities and will be available to all drivers in the country by 2022.

Ora's Good Cat GT named 'Mulan', with pre-orders to open soon - CnEVPost Great Wall Motor's electric car brand Ora's previously launched Good Cat GT model has been officially named "Mulan" and pre-sales will open soon, the brand announced Friday.

Official media report highlights war for talent in China's auto industry - CnEVPost As China's new energy vehicle industry grows rapidly, talent shortages are increasingly in focus.

NIO-backed smart cockpit product maker Autolink signs deal with Bosch - CnEVPost In September 2017, Autolink received tens of millions of RMB in Series B financing from investors including NIO Capital, the venture capital arm of NIO.