Industry

The e:NP1 is the first EV model from GAC Honda's new electric brand, e:NP, and offers two CLTC range options, 420 km and 510 km.

Apple unveiled its next-generation CarPlay at the WWDC22 earlier this month, sparking widespread discussion in the automotive industry.

China is set to introduce extraordinary policies to address the risk of a lack of investment momentum in manufacturing downstream companies whose profits are being squeezed.

IM Motors L7 is positioned similarly to NIO's ET7 sedan, which began delivery in late March, as a mid-size, all-electric premium sedan.

Chery eQ series EVs saw retail sales of 9,084 units in China in May, up 61.3 percent from 5,632 units in the same month last year.

The Taycan series EVs have a starting price range of RMB 898,000 ($134,000) to RMB 1,838,000 in China.

NIO's sales in Shanghai contributed between one-sixth and one-fifth of the company's total sales, William Li said yesterday.

Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of NewLink, another Bain-backed Chinese company.

Deliveries of the NIO ES7 are expected to begin on August 28, with show cars and test cars expected to start arriving at NIO stores in late July.

Hanma's Shanghai-traded shares rose by the 10 percent daily limit Wednesday, bringing its cumulative gain since the April 27 low to 50 percent.