Industry News

BAIC sold 2,484 NEVs in Oct, up 22% year-on-year

From January to October, BJEV sales were 19,458 units, down about 16 percent from a year ago. ...

Geely said to launch high-end pickup to rival Rivian in H2 next year

The pickup truck business of Geely, China's largest private automaker, will be transformed into a premium, electric brand. ...

WM Motor said to eye HK IPO that could raise about $1 billion

WM Motor is eyeing a possible $1 billion Hong Kong IPO, which could happen as soon as next year, Bloomberg reports. ...

China's NEV industry embracing inflection point where market forces driving growth, state media says

This year will be the historical inflection point at which the driving force behind the development of China's NEV industry changes from policy to market forces. ...

Ford entices Chinese consumers to order Mustang Mach-E by giving away $2,340 worth of software package

Previously Ford only allowed the first Mustang Mach-E customers to experience the Co-Pilot 360 software for free for 90 days. ...

Further Reading: Why some Chinese consumers are canceling orders for Ford Mustang Mach-E

This reflects the dilemma facing traditional car companies transitioning to electric vehicles. ...

FAW Hongqi's first battery-swap-enabled model for cab market goes into service

Hongqi has delivered the first 100 units of its E-QM5 model, and by the end of November, 2,000 units will be in operation. ...

Is Jidu Auto going to follow Nio's BaaS model?

The car-making arm of Baidu is hiring for a "BaaS battery operations business development" position. ...

Volkswagen CEO congratulates ID. family for outselling 'Nio, Xpeng, Li Auto' in China in Oct

Herbert Diess' comparison of ID. family sales with Nio, Xpeng, and Li Auto has sparked an interesting discussion. ...

WM Motor reveals interior images of its flagship M7 sedan

The M7's cabin features i-Surf technology skin and i-Rota super dials, offering a host of smart applications to make the ride more tech-savvy. ...
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