Industry News
HiPhi to start delivering HiPhi Y on Jul 29, gets 2,000 firm orders in past week
In the past week, the HiPhi Y received 2,000 firm orders and more than 50,000 purchase intentions, a HiPhi executive said.
Lotus begins delivery of EVs equipped with digital rearview mirrors, becoming 1st to do so in China
Lotus delivered the first Eletre EVs with digital rearview mirrors to owners on July 21 at its plant in Wuhan, Hubei province in central China.
Chinese brands take 75% share of Southeast Asia's EV market in Q1, says Counterpoint
BYD, Hozon and SAIC together accounted for more than 68 percent of the Southeast Asian BEV market in the first quarter.
Changan's EV unit Avatr to start deliveries of Avatr 12 this year, 2 extra models coming next year
Avatr's two new models, internally codenamed E15 and E16, will also go on sale in 2024.
SAIC confirms it's working with Audi on EV platform
SAIC and Audi believe that China's auto market is undergoing an unprecedented and dramatic transformation, and will therefore further deepen their strategic cooperation.
China NEV retail sales at 267,000 in Jul 1-16, down 3% from same period last month
In the first two weeks of July, China's NEV penetration at retail stood at 38.9 percent, with year-to-date penetration at 32.8 percent.
Mercedes-Benz recalls 32,786 imported S-Class and EQS vehicles in China due to software issue
Due to a software issue, the ESP internal monitoring program in the vehicles covered by this recall may incorrectly determine a malfunction at the start of the driving cycle.
Self-driving startup HoloMatic closes $140 million Series C funding round
HoloMatic expects its losses to narrow dramatically by 2024 and to break even by 2025, when it will apply for a stock market listing.
Over 60% of NEVs sold in China in Q1 fitted with L2 driver assistance systems, Canalys says
A total of 13 percent of NEVs were equipped with more advanced L2+ driver assistance systems, with Li Auto and Nio contributing about half of that total.
Mercedes-Geely JV Smart launches Smart #1 in Switzerland, Spain
The Smart #1 will also be available in Italy, the Netherlands, and Portugal, and the Smart #3 will be officially launched and deliveries will begin in Europe early next year.
