Nio starts displaying vehicles at used car trading platform Uxin's outlets to reach more customers, report says
Nio has started displaying vehicles at used car trading platform Uxin's offline outlets to open up new sales channels and increase sales exposure and reach, according to local media.
China EV insurance registrations for week ending Nov 26: Nio 3,300, Xpeng 4,400, Li Auto 9,400, Tesla 16,700
From November 1 to November 26, Nio was 12,700, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000 units.
Tesla offers $1,120 insurance subsidy for basic Model 3 and Model Y inventory cars in China
Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.
Tesla raises starting price of Model Y Long Range in China again by about $280
This is Tesla's seventh price hike in China in the past month, although each time it's for a different model.
Changan aims to get its Thailand plant into production by Q1 2025
Changan's production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase.
Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.
Great Wall Motor to enter more European countries, plans to build local R&D center, report says
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.
China state paper article says it's unwise to 'blindly downplay' battery swap model
As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily.
Changan, Huawei sign MoU to set up JV that aims to be world's leading parts supplier
Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake.
Neta enters Costa Rica's auto market, aims to reach 100,000 overseas sales in coming year
Neta plans to expand its global network coverage to 50 countries and reach 500 overseas sales and service outlets by 2024.
