Lei Kang
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CPCA estimates China Sept NEV retail to rise to 1.25 million units
In September, China's passenger NEV retail penetration rate is projected to reach a record 58.1 percent.
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China NEV retail at 438,000 in Sept 1-14, up 6% year-on-year
China's total passenger vehicle retail sales from September 1-14 totaled 732,000 units, down 4 percent compared to the same period last year.
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AUDI launches E5 Sportback in China starting at $33,180, securing 10,153 orders within 30 minutes
The AUDI E5 Sportback rivals the Nio ET5 Touring in size and boasts a range of up to 773 km.
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Huawei-backed Stelato launches S9T wagon, securing 5,000 orders within 1st hour
The S9T is Stelato's second model following the S9 sedan, with a starting price of RMB 309,800 ($43,580).
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Xpeng to bring in new battery supplier besides BYD for Mona lineup, report says
The move aims to reduce reliance on a single supplier and lower costs.
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Chery plans to open books for its Hong Kong IPO on Sept 17, targeting $18 billion valuation, report says
Chery passed the Hong Kong Stock Exchange's listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.
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Voyah's updated Dream MPV secures over 10,000 orders within 18 hours of launch
Over 50 percent of these orders are for the two highest-priced Ultra variants of the model.
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China EV insurance registrations for week ending Sept 14: Nio Inc 6,170, Tesla 15,350, Xiaomi 9,790
The Nio main brand recorded 2,425 insurance registrations last week, Onvo 2,620, and Firefly 1,125.
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Buick debuts Electra L7 extended-range sedan in China, betting on powertrain that's been popular for years
The Electra L7 extended-range sedan measures 5 meters long, boasts a battery range of up to 302 km, and delivers 338 horsepower.
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Huawei-backed Stelato to invest $2.8 billion over next 3 years to ramp up EV efforts
Huawei and BAIC will establish a dedicated Stelato business unit team operating under a "strategic alliance" approach.
