Industry News
GAC Aion to build plant with annual capacity of 50,000 vehicles in Thailand
Total investment in the plant will be about $65.9 million and the first phase is expected to be completed by July 2024.
Changan's NEV unit Deepal starts selling 2 models in Thailand
The Deepal S07 and Deepal L07 received 6,452 pre-orders in the first 45 hours after the start of pre-sales, ahead of the start of formal sales.
China NEV retail sales at 563,000 in Nov 1-26, down 7% from same period last month
China's retail penetration of NEVs was 40.5 percent from November 1 to November 26, and 34.9 percent year-to-date.
Factbox: What brands are under Geely umbrella
Geely Holding Group is one of China's largest car companies, operating in eight sectors and owning dozens of brands.
Changan aims to get its Thailand plant into production by Q1 2025
Changan's production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase.
Changan's NEV unit Deepal aims to sell 450,000 vehicles globally in 2024
Deepal delivered 15,513 vehicles in October, taking January-October deliveries to 102,417 vehicles.
Great Wall Motor to enter more European countries, plans to build local R&D center, report says
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.
CPCA expects China's NEV retail sales at 820,000 in Nov, up 3.6% from Oct
China's retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October.
Geely's Radar brand launches electric pickup RD6 in Laos
Radar is accelerating its entry into overseas markets and is expected to be available in more than a dozen countries by January 2024.
VW starts pre-sales of ID.7 Vizzion electric sedan in China for $33,230
The Volkswagen ID.7 Vizzion's main competitors in China will be models including the Tesla Model 3 and BYD Han EV, with a price tag in between.
