JD plans Singles Day car launch

Chinese e-commerce giant JD announced on Tuesday that it will launch a new car in collaboration with Chinese automaker GAC Group and battery maker Contemporary Amperex Technology Co Ltd (CATL) during the Singles Day shopping festival.

JD said the internal and public testing of the new vehicle will begin at the end of this month, with the official release scheduled for Nov 9 on JD's online marketplace.

The company said it is not directly involved in the manufacturing process, but is responsible for the exclusive sales of the new vehicle, while GAC is in charge of the manufacturing of vehicle and CATL provides battery technology and battery-swapping ecosystem support.

The vehicle will achieve breakthroughs in safety, battery and energy replenishment, supporting facilities, and pricing, JD said.