Industry News
Volkswagen to debut electric compact SUV ID.4 in China on Nov 3
Volkswagen's new all-electric compact SUV, the Volkswagen ID.4, will be released in China on November 3, according to industry media Evzhidao.com.
China's Sept passenger car sales up 7.3% year on year to 1.91 million units
China's passenger car market registered retail sales of 1.91 million units in September, up 7.3 percent from the same period last year, according to the latest figures released by the China Passenger Car Association (CPCA) on October 13.
Chinese EV startup ENOVATE raises over 5 billion yuan in new funding, plans 2021 IPO
Chinese electric car startup ENOVATE has received another multi-billion dollar blood transfusion after completing an over RMB 2 billion round of funding from Shanghai Electric in April 2019.
China's FAW to set up EV joint venture with Audi, first model to go into production in 2024
Chinese Auto maker FAW announced on October 13 that it has signed a memorandum of understanding with longtime partner Audi in Changchun to establish a joint venture company to produce electric vehicles.
SAIC, China's largest auto group, reportedly plans to launch premium electric car brand
SAIC, China's largest auto group, is pushing ahead with a new electric smart car brand project code-named "L," jiemian.com said today, citing people with knowledge of the matter.
Chinese firm releases a car that costs more than Nio ES8, will the market buy it?
The HiPhi X, the first product of Shanghai-based Human Horizons' luxury smart electric car brand HiPhi, was recently launched, with a four-seat founder edition priced at RMB 800,000 ($117,800) and a six-seat founder edition priced at RMB 680,000, much higher than the RMB 468,000 price tag of the new Nio ES8.
Former Huawei VP and Niu founder chooses extended-range electric vehicle for his new venture
Li Yinan, founder and former CEO of Niu Technologies, a China-based, US-listed maker of electric scooters, has now quietly entered the new energy vehicle industry after being out of the public eye in China for a long time.
GAC New Energy unveils new drive unit that allows cars to accelerate from 0-100 km in less than 2 seconds
On September 26, GAC New Energy unveiled its dual motor two speed four in one integrated drive unit for the first time at the Beijing auto show, which allows the vehicle to accelerate from 0-100km in less than two seconds.
Will overseas markets become new battleground for Chinese electric car makers?
On September 24, the first orders for Xpeng Motors in Europe were ready for export, with 100 Xpeng G3i's awaiting shipment from the port of Xinsha, Guangzhou. The first delivery of Xpeng G3i to Norwegian owners is expected to be completed in November.
New vs used car - buying advice and tips
In an effort to help, this blog post is going to go over some buying advice and tips in the argument of whether you should go with a new car or a used car.
