Industry News
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.
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.
Porsche recalls 2,570 Taycan EVs in China due to risk of battery thermal runaway
The Taycan is one of the highest-priced EVs available in China, with a starting price of about $123,110.
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.
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.
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.
BYD-backed RoboSense delivers record over 20,000 LiDARs in Aug
RoboSense's LiDARs have been used in 14 production vehicles, with August sales exceeding 50 percent of last year's total sales.
GAC Aion officially launches Hyper SSR electric supercar, starting at $176,380
The Hyper SSR is offered in three versions and deliveries were made to the first owners today.
BAIC's Arcfox brand plans to start selling EVs in Japan in 2024
Arcfox plans to start offering the α-S electric sedan in Japan in 2024, with Japan's startup Turing making some changes to the model's smart features.
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.