Industry News

VW boosts investment in EV charging network in China

Volkswagen China and FAW-Volkswagen plan to jointly invest about 800 million yuan in charging station operator CAMS to accelerate the deployment of charging network in China.

China Jun NEV retail up 10% MoM to 638,000, preliminary CPCA data show

This is below the CPCA's June 25 estimate of about 670,000 units.

GAC Aion's Hyper brand launches Hyper GT sedan, offers battery swap-enabled version

The battery swap-enabled trim of the Hyper GT starts at RMB 239,900, which Hyper claims can replace the battery in as little as two minutes.

China NEV wholesale at about 740,000 in Jun, CPCA estimates show

In the first half of the year, wholesale sales of passenger NEVs in China are expected to be 3.53 million units, up 44 percent year-on-year.

GAC Aion sells 45,013 vehicles in Jun, 4th straight month over 40,000

The Hyper GT, the second model of GAC Aion's Hyper brand, will be launched on July 3.

LiDAR maker RoboSense files for HK listing

In 2022, RoboSense had 953 customers, including Geely, GAC Aion, Great Wall Motor, Xpeng, Lotus and Lucid.

Chinese brands expected to contribute 9% of NEV sales in Western Europe in 2023, says TrendForce

Western Europe is a traditional stronghold for international carmakers, and it's difficult for Chinese brands to stand out, TrendForce said.

GAC Aion announces entry into Thailand with plans for local production

GAC Aion will set up its Southeast Asia headquarters in Thailand within this year, with local production in the country in active preparation, it said.

GAC Aion aims to sell 500,000 all-electric vehicles this year

GAC Aion sold 271,156 vehicles for the full year 2022, and the latest target implies an 84.4 percent increase.

China NEV retail in Jun 1-25 at 500,000, up 15% from same period last month, CPCA data show

Retail penetration of NEVs in China was 36.92 percent from June 1 to June 25, and 32.50 percent year-to-date.
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