Industry News
Baidu-backed Jiyue to unveil 2nd model Jiyue 07 at Beijing auto show
The Jiyue 07 will be unveiled at the Beijing auto show in April and deliveries will begin in the second half of the year, according to local media.
MG launches limited-edition new variant for electric roadster Cyberster in China
The new variant of the Cyberster revives the color scheme of some of the classic models in MG's history, with only 100 units offered in the first round of sales.
GAC Aion enters HK market, plans to build 6 stores in 2024
GAC Aion has launched the Aion Y Plus in Hong Kong and gave its Hyper sub-brand's Hyper HT SUV, Hyper SSR supercar their debut in the city.
Porsche Macan EV powered by CATL batteries, report says
Porsche has begun accepting reservations for the Macan EV in China, with the official launch set for April 25, the first day of the Beijing auto show.
Charging solutions provider StarCharge mulling HK IPO, report says
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.
China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month
China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales.
SAIC's EV unit IM Motors offers $1,670 discount on LS6 SUV
The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.
SAIC-GM-Wuling aims to sell 700,000 NEVs in 2024
SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share.
Dongfeng's NEV unit Voyah aims to sell 100,000 cars in 2024
Voyah delivered 50,552 vehicles in 2023, and the target implies about 100 percent growth.
Chinese startup Newrizon begins exporting battery swap-enabled electric trucks to Middle East
Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.
