Nio Jun sales breakdown: ES6 contributes 43.68% with 4,677 units
The Nio ET5 and ET5 Touring sold 2,479 and 1,339 units in June, contributing 23.15 percent and 12.51 percent of deliveries, respectively.
Audi reportedly looking for platform partners in China
Audi is considering buying a platform from a competitor for the first time in China to shorten the development time of its models, according to German media outlet Automobilwoche.
Tesla delivers 74,212 vehicles in China in Jun, exports 19,468 from Shanghai plant
In June, Tesla had an 11.16 percent share of the Chinese NEV market and a 16.53 percent share of the Chinese BEV market.
Xpeng partners with local dealer to tap Israel market as it steps up efforts in global arena
EV buyers in Israel currently enjoy a 20 percent purchase tax, well below the 83 percent for regular gasoline vehicles.
Cadillac takes page from Nio, dramatically reduces Lyriq prices in China by scaling back benefits
Cadillac has turned a package of benefits into an option that reduces the Lyriq's prices in China by RMB 60,000 and also offers a limited-time discount of RMB 18,000 on the model.
China NEV ownership reaches 16.2 million by Jun
By the end of June, China's pure electric vehicle ownership stood at 12.594 million, accounting for 77.8 percent of total NEVs.
CAAM retracts call for automakers to not disrupt market with abnormal prices
The statement in the pledge, "not to disrupt the fair competition order of the market with abnormal prices," was inappropriate and inconsistent with the principles of China's anti-monopoly law, the CAAM said.
Nio ET5 to make UK debut at Goodwood Festival of Speed
Nio launched the ET5 in Europe in October 2022, with deliveries of the sedan there beginning on March 31.
Nio's user manuals now include 150-kWh battery as delivery nears
The 150-kWh semi-solid-state battery pack will be available in July, Nio CEO William Li said at the launch of the new ES6 in May.
Tesla adjusting battery pack production strategy at Shanghai plant amid model changeover, report says
Tesla's push to start handing over a portion of its battery pack production to suppliers during the Model 3's changeover window is a choice it made after remeasuring costs, according to local media.