IM Motors offers 0-interest financing, cash discount incentives
- Customers who buy an EV from IM Motors before the Chinese New Year can enjoy 0-interest financing for five years and a RMB 5,000 ($680) cash discount.
- Those who pay a RMB 5,000 deposit now can receive an additional discount of up to RMB 20,000 yuan.
SAIC-GM-Wuling starts EV battery production in Indonesia
- Wuling called the battery Magic Battery, saying the project took only 4 months and a half from startup to production.
- Magic Battery is an EV battery developed in-house by Wuling, integrating the latest battery technologies, it said.
BYD Denza to launch N9 SUV in Q1, new MPV to follow, exec says
The N9 SUV will be launched in the first quarter, and Denza will also launch a new MPV in 2025 that will be bigger and more powerful than the D9 MPV currently on sale, an executive said.
Lotus changes Chinese name in brand revival effort
Lotus CEO called the move a major brand revival milestone and said the brand sold more than 2,000 units worldwide in December.
Wuling slashes prices of electric Binguo SUV by up to 6%
- The variant with a range of 401 km now has a starting price of RMB 82,800 ($11,340), down 2.36 percent from RMB 84,800.
- The variant with a range of 510 km now has a starting price of up to RMB 89,800, down 6.26 percent from RMB 95,800.
Tesla to start deploying V4 Superchargers in China in 2025
Tesla will begin deploying V4 Superchargers in China in 2025, and will open them up to other brands.
Avatr sells 11,067 cars in Dec, down 4.42% from Nov
- For the full year 2024, Avatr sold 73,606 vehicles, up 132.47 percent year-on-year.
- The company is targeting global sales of 400,000 vehicles by 2027, including no less than 60,000 in overseas markets.
Voyah delivers record 12,136 cars in Dec, targets 200,000 for 2025
- Voyah delivered 85,697 vehicles for the full year 2024, below its 100,000-unit target.
- The company is aiming to sell 200,000 vehicles in 2025 with at least four all-new or revamped models.
Leapmotor delivers 42,517 cars in Dec, 7th consecutive record month
For the full year 2024, Leapmotor delivered 293,724 vehicles, above its target of 250,000 units.
Nio launches limited-time 0-interest financing plans for main brand and Onvo sub-brand
Customers who buy a Nio-branded or Onvo-branded model in January can take advantage of benefits including a 3-year 0-interest rate financing plan.