Industry News
Geely's EV brand Geometry raises prices by up to $1,100
Geometry has raised the prices of its models by RMB 3,000-7,000 ($1,100) due to factors including rising raw material prices.
Honda's first EV model in China, e:NS1, opens for pre-orders with prices starting at around $28,300
Dongfeng Honda is offering two versions of the e:NS1 with ranges of 420 km and 510 km, respectively, and a pre-sale price range of RMB 180,000 to 210,000.
US, China securities regulators hold talks on audit issues, report says
The two sides plan to further strengthen communication and reach arrangements as soon as possible within a framework that is consistent with their respective laws.
Chery raises prices of its budget EV models by up to $1,120
The price range for these budget models is RMB 29,900 - RMB 81,900, and the increase is close to 10 percent for several models.
Honda's first EV model in China, e:NS1, to open for pre-order on March 18
Honda is ramping up its marketing efforts as the e:NS1 is about to open for pre-orders.
Chinese regulators mulling measures to crack down on malicious short sellers, report says
Stocks of US-listed Chinese companies, Hong Kong shares and A-shares plunged recently in part because of malicious shorting by some international investors, a Chinese academic said yesterday.
China voices support for capital markets after recent turmoil
Chinese and US regulators have maintained good communication over regulation of US-listed Chinese companies, have made positive progress and are working to form concrete cooperation proposals.
Further Reading: China's new car-making forces leave foreign luxury brands in rearview mirror
Overtaking foreign brands, something that was considered mission impossible in the fuel car era, is becoming a reality in the electric car era.
Didi reportedly could announce car-making plans in June
Didi's first model could be priced at around 150,000 yuan ($23,582) and aim for delivery in June next year, according to local media.
Hong Kong stocks suffer panic sell-off, what happened?
By the close of trading, Nio was down 14.14 percent in Hong Kong, Xpeng was down 22.2 percent, and Li Auto was down 19.6 percent. The Hang Seng Tech Index plunged 11.03 percent, the biggest one-day drop.
