Chinese cities vie for Xiaomi's car business, hoping it will be next NIO - CnEVPost — cnevpost.com NIO China is headquartered in Hefei, the hometown of founder William Li and a city that saved the company from a funding crisis last year and has received a huge return on its investment as a result.

XPeng CEO says pricing above $23,500 is necessary to build smart EVs, Qihoo 360 founder disagrees - CnEVPost If a company can't build a smart car at pricing below RMB 150,000, that means 70 percent of major Chinese consumers can't afford one, which could lead to smart cars becoming a niche product.

Li Auto launches investigation as user complains of suspected harmful heavy metals found in new vehicle - CnEVPost A video circulating on Weibo shows an owner claiming to have found mercury, a heavy metal that can be toxic, between the seams of his newly purchased Li ONE seats.

Chinese owners complain about lost network connection of Tesla App - CnEVPost The ability to use a vehicle via a mobile app is an important feature of smart cars, but it can also cause a lot of inconvenience if the app's network connection is lost.

BYD sold 41,366 NEVs in June, up 192% from a year ago - CnEVPost BYD sold 40,116 new-energy passenger vehicles in June, including 20,016 pure electric vehicles and 20,100 plug-in hybrids.

Huawei said to start selling second model, Seres SF7, within the year - CnEVPost Huawei will start selling the second model, the Seres SF7 from Chongqing Sokon, in the second half of the year, possibly as early as August, the WeChat account iAUTO2010 reported Monday.

WM Motor, once seen as one of the most promising EV makers in China, lags behind its local peers - CnEVPost WM Motor has not announced any single month sales so far this year, in contrast to its peers including NIO.

VW ID.6 CROZZ starts accepting pre-orders in China, price from about $37,000 - CnEVPost As China's new energy vehicle market is growing rapidly, traditional car giant Volkswagen is underperforming. Now the company has added a new member to its lineup in hopes of gaining more market share.

Chery sold 7,226 NEVs in June, up 158% from a year earlier - CnEVPost Chinese automaker Chery sold 7,226 new energy vehicles in June, up 158.1 percent year-on-year, according to data released by the company on Monday.

China's June auto sales forecast at 1.926 million units, down 16% from a year earlier - CnEVPost It is worth noting that the electric car companies that have now announced their June sales are all performing strongly.