EV Industry
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Baidu-backed Jiyue cuts price of 1st model by $4,200 one month after launch
Jiyue has slashed the starting prices of both versions of the Jiyue 01 by RMB 30,000 and is compensating customers who have already taken delivery for the difference.
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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.
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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.
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China's NEV retail sales in Nov 1-19 at 402,000, up 2% from same period last month
Retail penetration of NEVs in China was 41.3 percent in the November 1-19 period, and 34.8 percent year-to-date.
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MG's electric roadster Cyberster officially launched in China with starting price of $44,150
The two-door electric sports car is available in three versions in China and can accelerate from 0 to 100 kilometers per hour in 3.2 seconds.
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China's NEV retail sales at 222,000 in Nov 1-12, down 2% from same period last month
China's retail penetration of NEVs was 41.3 percent in the November 1-12 period.
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Guangzhou auto show to open on Nov 17 with 41% of cars on display to be NEVs
The auto show will feature a total of 1,132 vehicles, including 469 NEVs.
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Top NEV sellers in China in Oct: BYD No. 1 with 33.7% share, Tesla No. 8 with 3.7% share
In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.
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China's Oct NEV sales up 5.75% MoM to record 956,000, CAAM data show
Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.
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China's NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September.
