Industry News

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.

China's NEV sales reached record 383,000 units in Oct, CAAM data show

In the fourth quarter, Chinese automotive consumer demand remained stable, but uncertainty remained on the supply side, the CAAM said.

Evergrande Auto aims to raise $64.2 million through share placement

Evergrande Auto plans to conduct a share placement at HK$2.86 per share, a discount of 19.89 percent to Tuesday's closing price.

Uxin ventures into used NEV business, starts offering Nio, Tesla models

Uxin is offering two Nio ES8s and one imported version of the Tesla Model 3 in its official app.

Guangdong to ease car license quota limits in Guangzhou, Shenzhen

The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.

Evergrande's Hengchi 5 about to complete key regulatory process

The Hengchi 5 has appeared in the regulator's latest catalog, signaling that the model may soon be available to consumers.

Great Wall Motor's Ora brand sold 13,235 vehicles in Oct, up 65% from a year earlier

The Ora Good Cat sold 7,845 units in October, up 54.3 percent from September and a single-month sales high.

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.

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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