Lei Kang

BYD, Hozon and SAIC together accounted for more than 68 percent of the Southeast Asian BEV market in the first quarter.

Nio presented 9 advantages of its battery swap system at the Nio Power Day 2023 event on July 20, saying they would be the official wording from the company.

Avatr's two new models, internally codenamed E15 and E16, will also go on sale in 2024.

The new Neta S has a starting price of RMB 159,800, which is RMB 30,000 lower than the RMB 189,800 of the old model.

Nio held its first Nio Day on December 16, 2017, in Beijing, which has become its most important annual event.

Fang Cheng Bao's poster says "Coming Soon", meaning that the model is not far away from its launch.

Owners who selected the standard 70/75-kWh capacity battery pack at the time of purchase can upgrade to the 100-kWh long range battery pack on a daily basis for about $7 per day.

In the first two weeks of July, China's NEV penetration at retail stood at 38.9 percent, with year-to-date penetration at 32.8 percent.

HoloMatic expects its losses to narrow dramatically by 2024 and to break even by 2025, when it will apply for a stock market listing.

The Tang EV is the fourth model BYD has unveiled in Ecuador after the Han EV, Yuan Plus and Dolphin.