Industry News
CITIC Securities expects China's NEV sales to reach record high in June
CITIC Securities expects BYD to sell 140,320 units, Tesla China 87,182 units, Xpeng 19,281 units, Li Auto 19,447 units and Nio 10,772 units in June.
WM Motor CEO downplays hype of 800V supercharging technology
While Xpeng CEO is excited about the upcoming start of laying out more powerful supercharging piles, WM Motor's helmsman is pouring cold water on it.
GAC Honda's e:NP1 launched with prices starting at around $26,700
The e:NP1 is the first EV model from GAC Honda's new electric brand, e:NP, and offers two CLTC range options, 420 km and 510 km.
Apple hiring for car software engineer position in China
Apple unveiled its next-generation CarPlay at the WWDC22 earlier this month, sparking widespread discussion in the automotive industry.
EV-related stocks soar as China studies 'extraordinary' policies to stabilize manufacturing growth
China is set to introduce extraordinary policies to address the risk of a lack of investment momentum in manufacturing downstream companies whose profits are being squeezed.
IM Motors, backed by SAIC and Alibaba, begins deliveries of its first model
IM Motors L7 is positioned similarly to Nio's ET7 sedan, which began delivery in late March, as a mid-size, all-electric premium sedan.
Further Reading: Audi fails in China's EV market
This article summarizes Audi's rise to prominence in China over the past 30 years and its impotence in the disruptive arrival of electric vehicles.
Chery recalls 8,067 eQ1 EVs due to brake system issues
Chery eQ series EVs saw retail sales of 9,084 units in China in May, up 61.3 percent from 5,632 units in the same month last year.
Porsche recalls 6,172 Taycan EVs in China due to seat wire harness issue
The Taycan series EVs have a starting price range of RMB 898,000 ($134,000) to RMB 1,838,000 in China.
Shanghai's car sales down 95% year-on-year in May due to Covid lockdown
Nio's sales in Shanghai contributed between one-sixth and one-fifth of the company's total sales, William Li said yesterday.