Industry News
FAW-Volkswagen's ID. series sold 5,684 units in Oct, up 11% from Sept
FAW-Volkswagen's ID. lineup, which includes the ID.4 CROZZ and ID.6 CROZZ, has sold more than 20,000 units since their launches.
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China's wholesale sales of passenger NEVs in Oct were 368,000 units, CPCA data show
Wholesale sales of passenger NEVs in China from January to October were 2,381,000 units, up 204.3 percent year-on-year.
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Avatr, previously known as Changan Nio, to unveil its first model on Nov 15
The E11 model is positioned as a mid-size SUV, and its design prototype rolled off the production line earlier this year.
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Further Reading: BYD, one to rule them all?
BYD sold more units in October than all 10 of China's leading new carmakers combined, but its profit performance was less than stellar.
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Cadillac's first EV Lyriq to be launched in China on Nov 17
The Cadillac Lyriq was launched in the US earlier this year with a starting price of $59,990.
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This GAC Aion model will be first available in China with NEDC range of over 1,000 km
The GAC Aion LX Plus is packed with a ternary lithium battery pack with a capacity of up to 144.4 kWh.
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Further Reading: Why German luxury brands' EVs fail so badly in China?
This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.
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Northwest Chinese city Xi'an aims for 50% NEV penetration by 2025
Xi'an aims to become a top-tier NEV base in China by 2025.
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JPMorgan expects China's NEV penetration to reach 35% by 2025
JPMorgan is bullish on the prospects for China's NEV industry, which coincides with the optimism of Chinese investors, one executive said.
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New survey finds 50% of Chinese respondents have strong intention to buy pure-play EVs
As Nio's William Li puts it, once users embrace electric vehicles, they will become widespread very quickly.
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