Industry News
China NEV retail at 314,000 in Jun 1-16, down 4% from same period last month
China's retail penetration of NEVs was 49.52 percent for June 1-16, and 40.99 percent year-to-date.
Jaguar Land Rover to make new Freelander-branded EVs using Chery's platform
The new Freelander-branded models will initially be sold in China through a select network and will be exported to overseas markets in the future.
Voyah to launch new SUV in Q3 to take on Tesla Model Y, report says
The model Zhiyin will be built by Voyah in collaboration with Huawei and is currently in the production validation phase, according to local media.
China sells 955,000 NEVs in May, up 12% from Apr, CAAM data show
Excluding exports, domestic NEV sales were 856,000 units in May, up 40.8 percent year-on-year and up 16.3 percent from April.
China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.
Changan Deepal launches G318 EREV with starting price of $24,260
Similar to some other hardcore SUVs, the Deepal G318 has a boxy exterior design and is expected to compete with BYD Fang Cheng Bao's Bao 5.
Xpeng launches G9, P7 in Egypt
In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.
China NEV retail rebounds to 804,000 in May, penetration reaches record 47%
China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
IM Motors to launch 1st EREV model in Q1 2025 to take on Li Auto's Li L7, report says
IM Motors' first EREV model will be an SUV, which will be launched in the first quarter of 2025, according to local media.
Mercedes-Benz to adopt smart driving solution from Chinese startup Momenta, report says
Mercedes-Benz's all-electric CLA model will be equipped with a high-level intelligent driving solution from Momenta that does not rely on high-definition maps, and will be capable of pilot assisted driving in urban areas, according to local media.
