Industry News
Premium Chinese EV brand HiPhi halts production for 6 months
Employees will be paid as usual until February 18, and after March 15 only HiPhi employees in Shanghai will receive basic pay, according to local media.
China's NEV retail at 668,000 in Jan, down 29.5% from Dec
China's NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December.
China's NEV retail sales down 29% MoM to 670,000 in Jan, preliminary CPCA data show
This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December.
China sells 729,000 NEVs in Jan, 39% lower than Dec, CAAM data show
In January, China sold 445,000 BEVs, 46.06 percent lower than in December, and 284,000 PHEVs, 21.98 percent lower than in December.
Geely unit Geespace launches 2nd batch of 11 satellites for services including autonomous driving
In smart driving, users can access real-time high-precision positioning, and more accurate road features through in-vehicle terminals to help sense, decide, and control smart driving.
China's Jan NEV wholesale at 700,000, down 37% from Dec, CPCA estimates show
China's January wholesale sales of passenger NEVs are expected to be 700,000 units, up 80 percent year-on-year, but down 37 percent from December, the CPCA said.
Great Wall Motor reportedly to launch new brand codenamed ZX, 1st model to be premium sedan
Great Wall Motor's first model under the ZX brand will be a premium new-energy sedan in the D+ class, with a length of around 5,500 mm, according to local media.
Great Wall Motor looking to open direct sales outlets, with initial numbers likely to be around 100
Great Wall Motor has brought in talents with direct store management experience, including a former retail director at Li Auto, according to local media.
GAC Aion begins construction of its Thailand plant with designed capacity of 50,000 cars per year
GAC Aion's Thailand plant will be built in two phases, with the first phase scheduled for completion in July 2024.
China NEV retail sales at 596,000 in Jan 1-28, down 24% from same period last month
China's passenger NEV retail sales stood at 596,000 units in January 1-28, up 92 percent from a year earlier but down 24 percent from a month earlier, data from the […]
