Industry News
Xiaomi EV plans to start double-shift production in Jun, report says
Xiaomi EV plans to increase its daily production time from 8 hours to 16 hours starting in June, with monthly production capacity expected to rise to nearly 20,000 units, according to local media.
IM Motors launches new electric sedan IM L6, starting at $30,400 with semi-solid-state battery option
Deliveries of the regular variants of the IM L6 will begin at the end of May, while deliveries of the variant with semi-solid-state batteries are expected to begin in October.
China sells 850,000 NEVs in Apr, down 3.7% from Mar, CAAM data show
Excluding exports, domestic NEV sales in April were 736,000 units, up 37.31 percent year-on-year but down 2.9 percent from March.
China NEV retail falls to 674,000 in Apr, penetration reaches record 43.7%
The NEV segment fared better than the overall automotive market, while PHEVs outperformed BEVs.
Avatr teases new model Avatr 07, pivots to EREVs to boost sales
The Avatr 07 will be Avatr's third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV and EREV variants.
Chery's Exeed brand launches Sterra ET SUV, targeting both BEV and EREV markets
The Sterra ET SUV is the second model in Exeed's Sterra lineup after the Sterra ES sedan, with a starting price of RMB 189,800 ($26,280).
US poised to unveil tariffs on Chinese EVs next week, report says
The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg.
Skyworth Auto signs $1.38 billion deal with Saudi Arabia's KAG
Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).
Dongfeng's electric off-road brand M-Hero to export cars to Middle East
M-Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland.
China NEV retail in Apr flat from Mar at 706,000, preliminary CPCA data show
In April, China's retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March.
