Industry News
GAC Aion sells record 21,056 units in May, up 106% from April
From January to May, GAC Aion sold 76,142 units, up 122 percent from 34,363 units in the same period last year.
Chongqing Sokon sells 10,452 NEVs in May, up 22% from April
Sokon's NEV brand, Seres, sold 5,440 units in May, up 1,616.09 percent year on year.
Jidu teases interior design of its robot car concept
The Jidu ROBO-01 concept car will have a uniquely shaped steering wheel, an ultra-wide display, and a very high-tech cockpit, the latest set of posters shows.
WM Motor files for Hong Kong IPO
In 2019-2021, WM Motor had vehicle sales of 12,799, 21,937 and 44,152 units respectively.
China unveils policy to boost consumption of NEVs in rural areas
BYD has six models on the list, and Leapmotor, WM Motor, Neta and Ora also have models eligible to participate in the campaign.
China halves purchase tax on mainstream ICE vehicles for rest of the year
The purchase tax will be cut in half for passenger cars of 2.0 liters and below with a purchase date between June 1 and December 31 and with a price not exceeding RMB 300,000.
Shanghai to lift Covid lockdown from June 1
Tesla, Nio showrooms will be opened soon, and the launch of Nio ES7 will not be far away.
Didi reportedly attracts interest from China FAW to buy stake
FAW has approached Didi and pledged to help it resolve issues related to data security and pave the way for a Hong Kong listing, according to Bloomberg.
Jidu targets family passenger car market with prices around RMB 200,000
In China, cars priced around RMB 200,000 are seen as offering the best balance of affordability and specifications.
SAIC-GM-Wuling to assemble its mini EVs in Indonesia
The exported models are based on the GSEV architecture and will be assembled and produced at SAIC-GM-Wuling's Indonesian subsidiary.