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Five million, ¥5 billion and ¥30 billion: wild wild east

Annual output capacity of 5 million vehicles, a loss of ¥5 billion and an ambitious target to finance ¥30 billion by the end of 2019. Those were the memorable numbers this week involving three Chinese smart EV startups as they continue to defy industry logic and completely turn the industry upside

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Exclusive: NIO Founder and Chairman William Li talks autonomous driving: It’s not a utopian world

It’s not news anymore that autonomous driving is right around the corner – so near that we wonder even about calling it “the future.” Yet most of us are scratching our heads at the disparity between technological posters and reality. Indeed, Beijing’s vast, unruly streets seem eons away from that

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From Chongqing to Silicon Valley: Sokon’s SF Motors eyes SF5 smart electric SUV launch in ’19

SANTA CLARA, California – Chongqing Sokon Industry Group, one of the motorcycle “gangs” out of the southwestern city of Chongqing, has just flexed its muscle 6,000 miles away in Silicon Valley as it looks to expand globally and take on smart EV startups like NIO and Byton who have already established

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SAIC and NIO receive China’s first intelligent connected vehicle testing permits

SHANGHAI – SAIC Motor and smart EV startup NIO received China’s first ever intelligent connected vehicle (ICV) testing permits on open roads on March 1. They were awarded the permits after tests by third parties, evaluation of expert panel and the approval of Shanghai intelligent connected vehicle road test working group. At

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Top 10 News Stories of 2017

The year 2017 came and went by in the blink of an eye. News and events, often of blockbuster proportions, happened not by the weeks or days, but by the hours or even minutes. As a review of the year, the editorial board of CBU/CAR has selected the following Top

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Happy New Year!

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments. This issue features highlights from a few business conferences from

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NIO and Southern Heshun team up on smart charging and battery swapping

SHENZHEN – Smart EV startup NIO and Southern Heshun Electric Vehicle Industry Service Co., a subsidiary of China Southern Power Grid, signed a strategic cooperation framework agreement in Shenzhen on December 27 where the two will work together to construct charging and battery swapping equipment that features intelligent mobile connectivity

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