Industry News

China's NEV retail at 283,000 in Feb 1-25, down 44% from same period last month

Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month. ...

Chinese EV makers' CEOs react to Apple's reported ditching of EV effort

Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their views. ...

HiPhi in touch with Changan for takeover talks, report says

HiPhi began production halt on February 18 -- the first working day after the Chinese New Year holiday -- sparking fears about its fate. ...

IM Motors hints at shooting brake model as Zeekr launches refreshed 001

More EV makers are betting that the shooting brake style will become a new trend in China. ...

Polestar begins Polestar 3 production in China

Production of the Polestar 3 has begun in Chengdu, China, with additional production expected to begin in the US in mid-2024, Polestar said. ...

Great Wall to relaunch premium EV brand Saloon, report says

Saloon unveiled the Mecha Dragon at the Guangzhou auto show in November 2021, but no new developments on the all-electric sedan have been released since. ...

Arcfox announces entry into Dominican market

Arcfox has shipped vehicles to several countries and will accelerate its overseas sales and service network this year, it said. ...

Great Wall's Tank brand launches Tank 700 Hi4-T off-road SUV

China's off-road NEV market has a lot of room to grow, with steady-state monthly sales of the Tank 700 Hi4-T expected to reach 3,000 units, analysts say. ...

IM Motors launches 2024 L7 sedan with lower starting price

The L7, IM Motors' first model, has been updated with its starting price cut by RMB 38,900, or 11.5 percent. ...

IM Motors to become latest Chinese EV maker to add gas engines to EV models

IM Motors CEO said the company's fifth model will be an EREV, set to become the latest after Avatr to look to gasoline engines to boost sales. ...
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