Lei Kang

The IEA now expects China's gasoline demand to peak in 2024, bringing forward previous forecasts of demand leveling off in 2025/2026.

Cheshiji has been ordered to post an apology to Nio for 30 consecutive days and to pay 300,000 yuan in damages in a first-instance ruling.

The Audi e-tron GT is powered by dual motors and can sprint from 0 to 100 km/h in 4.1 seconds with a WLTP range of 488 km.

Pricing for the Ora Funky Cat in Brazil will be announced in August, and deliveries will begin in October.

BMW will be fully prepared for the future adaptation and application of L3 autonomous driving features in China in accordance with local regulatory requirements, it said.

The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.

Evergrande NEV earns RMB 130 million in 2022 from its main operations, well below RMB 2.5 billion in 2022 and RMB 15.5 billion in 2020.

July is traditionally a slow season for the auto market, with hot weather restricting consumers from visiting stores, the CPCA said.

In the first half of the year, Shanghai produced 611,500 NEVs, contributing 16 percent of China's NEV production.

WM Motor said earlier this month that it is in the process of settling its debts in an orderly manner and is actively pushing ahead with plans to sell NEVs overseas.