Zeekr continues past months' discounts for Zeekr 001 and offers new perks
Zeekr extends price discounts introduced in August 2023 for the Zeekr 001 and offers new benefits including a RMB 10,000 final payment reduction.
Exec reveals how Li Auto plans to achieve 800,000 car sales in 2024
Li Auto is aiming to sell at least 400,000 units of its three existing models in 2024, with a new EREV Li L6 selling 30,000 units a month and the Li Mega MPV selling 8,000 units a month. It will launch three new BEV models in the second half of the year.
Li Auto opens its 1st 2 Nio House equivalents
Li Auto has opened 2 flagship retail centers in Shenzhen and Guangzhou, with the facilities in Beijing and Shanghai set to debut later this month.
Nio integrates Alps' 2 main businesses with Nio brand, report says
The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media.
Neta begins construction of its 3rd overseas plant in Malaysia
Neta's plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter.
EU investigators to come to China to inspect BYD, Geely and SAIC, report says
European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.
Li Auto reportedly to discontinue older models in Q2 after facelifts launched in Mar
Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media.
Polestar begins deliveries of Polestar 4 SUV in China
Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began.
China aims for NEVs to contribute 45% of new car sales by 2027
The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.
Tesla cuts Model 3 and Model Y prices in China amid fierce competition
Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly 3 percent.
