Industry News
Geely intensifies competition in China's EV space with launch of Galaxy lineup's 1st electric sedan E8
Geely Auto aims to target the market with the broadest potential user base with the Galaxy E8 and accelerate the replacement of conventional internal combustion engine vehicles.
China's NEV retail sales up 11% MoM to 936,000 in Dec, preliminary CPCA data show
China's retail penetration of passenger NEVs was 39.6 percent in December and 35.7 percent in 2023, according to preliminary CPCA data.
Changan's EV unit Avatr to add EREVs to its product lineup
Avatr will launch two new models in 2024 and will have four EVEVs to add to the lineup, its president said.
China's Dec NEV wholesale sales at record 1.13 million units, CPCA estimates show
Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.
VW Anhui starts production of Cupra Tavascan EV for export to Europe
Volkswagen Anhui has started production of the Cupra Tavascan for export to Europe, and another Volkswagen-branded model for the Chinese market will roll off the production line in 2024.
Chery cuts prices of NEV models to embrace potentially more brutal 2024
Chery New Energy has slashed the official guide prices of its cheaper Little Ant and QQ Ice Cream models by 7.7 percent to 16.7 percent.
GAC Aion sees its 1 millionth vehicle roll off line
This is four years and eight months after GAC Aion's first vehicle rolled off the production line in April 2019.
China NEV retail sales at 567,000 in Dec 1-24, up 10% from same period last month
China's passenger NEV retail sales stood at 7.375 million units so far this year, up 34 percent year-on-year.
Baidu-backed Jiyue names 2nd model Jiyue 07, releases official images
The Jiyue 07 is another 7-series model for the Chinese EV market. Jiyue just launched its first model, the Jiyue 01, on October 27.
Changan, Ganfeng plan to set up JV to develop solid-state batteries
Changan and Ganfeng will set up a joint venture based on equal shareholding to accelerate solid-state battery development and manufacturing.
