Industry News
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.
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.
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.
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.
Saudi Arabia's sovereign wealth fund in talks to invest in Chinese EV maker Human Horizons, report says
Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg.
China's NEV retail sales up 3% MoM to 765,000 in Oct, preliminary CPCA data show
China's passenger NEV penetration at retail stood at 37.7 percent in October, up from 36.9 percent in September.
SAIC's MG brand sees 1st Thailand-made MG4 EV roll off line
MG topped China's NEV exports in the first half of this year with a 25.3 percent share.
VW's software arm Cariad sets up joint lab with Vivo to explore phone-car integration
Cariad China's partnership with Vivo comes at a time when Chinese consumers are increasingly valuing the seamless experience of connecting their smartphones to EVs, which has even driven some EV makers, including Nio, to enter the phone making space.
China's Oct NEV wholesale volume at record 890,000 units, CPCA estimates show
China's October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said.
Chery unveils concept car claimed to have world's lowest wind resistance
Chery said its new concept car achieves the world's lowest wind resistance of 0.168 Cd with the help of its bionic design with the inspiration of tuna fish.
