CnEVPost Newsletter: NIO partners with ZF; Huawei's Yu comments on China's auto market
NIO, ZF sign deal to collaborate on steer-by-wire, a technology key to autonomous driving - CnEVPost — cnevpost.com This is the first time that ZF has secured a business partnership in Asia Pacific for steer-by-wire, a technology necessary to enable autonomous driving.
China's auto market competition will end up with no more than 5 major players, says Huawei's Richard Yu - CnEVPost Huawei-backed AITO already has the capacity to sell 20,000 cars per month, according to Richard Yu.
Geely teases SUV that it calls a BEV, EREV and PHEV - CnEVPost Geely says the Xingyue L Hi-P has a battery range of more than 200 kilometers and can be used as a BEV in the city. For long-distance trips, consumers can use EVER or PHEV mode.
Regulatory filing reveals key specs for Voyah's first sedan - CnEVPost Voyah's first sedan is 5,088 mm long and features dual electric motors with peak power of 160 kW and 215 kW at the front and rear, respectively.
Gotion expects Q3 net profit to rise up to 394% year-on-year - CnEVPost Gotion expects third-quarter net profit to reach RMB 82.35 million ($11.45 million) to RMB 97.19 million, up 318.9 percent to 394.4 percent from a year ago.