China EV Race: Who is Leading?
According Baidu CEO Robin Li, Baidu has appointed a chief executive officer and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding Group. He has also said that they would try to launch a new EV model in 3 years. (Laoyaoba, Reuters, Reuters, Sina)
Li Auto (Li Xiang) accumulative delivery volume of its electric vehicle has exceeded 40,000 units. Since its Li Auto One being launched on 4 Dec 2019, the company has delivered 40,000 units within 14.5 months, setting a record for the fastest delivery of new EVs. Its next generation EV dubbed X01 is equipped with lidar, with its supplier basically decided, to be launched in 4Q22. (Laoyaoba, Sohu, New Today, Electrek)