Mercedes-Benz ups investment in China to expand local product lineup
Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.
VW's Cupra brand warns its China-made EV model would be 'wiped out' by EU tariffs
"The intention was to protect the European car industry but for us, it's having the opposite effect .... We need to find a solution," Cupra's CEO said.
Changan establishes German subsidiary as it targets 480,000 overseas sales in 2024
Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.
Xpeng Aeroht aims to start delivering modular flying car in 2026 for less than $280,000
Xpeng Aeroht is aiming to start mass production and deliveries of its modular flying car in 2026, with a price tag that will be no more than RMB 2 million ($280,000), its founder said.
China to take countermeasures against Canada over EV tariffs
China plans to resort to the WTO dispute settlement mechanism against Canada's practices and will launch the world's first anti-discrimination investigation.
China EV insurance registrations for week ending Sept 1: Nio 6,000, Tesla 14,400, Xiaomi 2,900, BYD 88,800
Li Auto had 11,300 insurance registrations last week, Xpeng 3,500, Zeekr 4,600, Leapmotor 7,000 and Aito 8,900.
Nio to tweak how it charges for battery swap service in China
Nio is set to tweak its charging model for its battery swap service in China, in what will be the third major overhaul since the service became available.
Tesla China sells 86,697 cars in Aug, up 17% from Jul
Tesla China sold 86,697 vehicles in August, including those sold in China and those exported to overseas markets, up 16.97 percent from July and up 3.02 percent year-on-year.
CATL aims to have 10,000 battery swap stations
In the short term, CATL aims to have more than 500 battery swap stations by 2025 and 3,000 by 2027.
BYD sells record 373,083 cars in Aug, PHEVs hit 6th consecutive month of record sales
BYD sold 148,470 passenger BEVs in August, up 1.95 percent year-on-year. It sold 222,384 PHEVs, the sixth consecutive record high since March, up 73.12 percent year-on-year.
