Industry News
China's wholesale sales of passenger NEVs reached 429,000 units in Nov, CPCA data show
The penetration of NEVs in China was 20.8 percent of retail sales in November, compared to 13.9 percent in January-November.
Chinese property developer Wanda taps Hyundai exec to head its auto business
Unlike its local counterpart Evergrande Group, which is directly involved in making cars, Wanda seems to be aiming at the car sales and service sector.
SAIC says Cadillac Lyriq has received nearly 5,000 pre-orders in China
The Lyriq opened for pre-sale in China on November 17 and is expected to be delivered in mid-2022.
Xpeng president says threat of US delisting still 'several years away'
Brian Gu believes there is still time for the US and Chinese governments to reach a compromise.
Nio's OEM JAC sold 16,155 EVs in Nov, up 178% year-on-year
JAC did not specify, but the figure should include the 10,878 vehicles delivered by Nio in November.
Cadillac builds first supercharging station in China
The supercharger station, located in Shanghai, offers four DC fast-charging piles and is currently open to customers who have pre-ordered the Lyriq free of charge.
Geely sold record 16,161 NEVs in Nov, up 137% year-on-year
Geely sold 135,869 of all its vehicles in November, down about 10 percent from a year earlier.
Chinese securities regulator says it recently had constructive communication with US SEC, PCAOB
The CSRC has made positive progress with regulators, including the US SEC and PCAOB, in advancing cooperation on a number of key matters, according to a statement.
Former Volkswagen China exec creates new EV brand
Details of the brand are expected to be announced at next year's Beijing Auto Show, and Dongfeng Motor plans to OEM the vehicles for it.
Sokon, Huawei's auto partner, sold 4,591 NEVs in Nov, up 78% year-on-year
That's down about 8 percent from 4,976 units in October.