EV Industry
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WM Motor says 'pre-restructuring' does not mean bankruptcy, denies founder fled overseas
WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts.
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Anhui aims to add about 400% more public chargers in 4 years
Anhui aims to have more than 500,000 public charging piles and 500 battery swap stations by 2027, which will meet the charging needs of 1 million NEVs.
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HiPhi launches new variant of HiPhi Z with starting price reduced by $13,700
HiPhi has eliminated some premium features on the new variant of the HiPhi Z, thereby bringing down the starting price significantly.
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China's NEV sales up 6.86% MoM to record 904,000 units in Sept, CAAM data show
From January to September, China's NEV sales amounted to 6,278,000 units, accounting for 29.8 percent of all vehicle sales.
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China's NEV retail sales up 4.2% MoM to record 746,000 in Sept, CPCA data show
China's NEV penetration rate at retail stood at 36.9 percent in September, up 5.1 percentage points from 31.8 percent a year earlier but down from 37.3 percent in August.
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WM Motor files for 'pre-restructuring', says it will seek rebirth
WM Motor still has commercial value and some of its creditors are willing to reorganize, it said.
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China's NEV ownership reaches 18.21 million
As of the end of September, China's BEV ownership stood at 14.01 million, accounting for 76.9 percent of the total NEV ownership.
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China NEV retail up 4% MoM to 743,000 in Sept, preliminary CPCA data show
China's NEV penetration at retail was 36.6 percent in September, down from 37.3 percent in August.
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China's Sept NEV wholesale sales at record 830,000 units, CPCA estimates show
In the January-September period, China's passenger NEV wholesale sales were estimated at 5.92 million units, up 36 percent year-on-year, according to the CPCA.
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MG Cyberster review: Perhaps the sexiest EV in the world
The MG Cyberster is really a new chapter in what an MG sports car is.
