Industry News
Geely to set up JV in Vietnam to assemble cars locally
Geely Auto will form a joint venture with Vietnam's Tasco to build a $168 million plant with a design capacity of 75,000 vehicles per year in the first phase.
BAIC's EV unit cuts production capacity from 320,000 to 120,000 units
BAIC's EV arm BJEV has reduced its production capacity by 62.5 percent by reducing the number of production sites from three to one.
CPCA expects China's NEV retail to be 1.1 million in Sept, above 1 million for 2nd consecutive month
In September, China's passenger NEV retail sales are expected to be around 1.1 million units, up 47.3 percent year-on-year and up 7.3 percent compared to August, CPCA's estimates show.
China NEV retail at 445,000 in Sept 1-15, up 12% from same period last month
China's NEV retail penetration was 53.74 percent in the September 1-15 period, and 45.15 percent year-to-date.
GAC Aion opens 1st store in Philippines
GAC Aion opened its first store in the Philippines and delivered vehicles to its first 10 local customers.
Great Wall Motor signs deal to assemble cars in Vietnam
Great Wall Motor has signed a deal with Vietnam's TAG Group with the aim of starting to assemble cars in Vietnam by the end of 2025.
Avatr enters Thailand with launch of Avatr 11 SUV
Avatr has launched the right-hand drive version of the Avatr 11 in Thailand at a starting price of around $62,860, with deliveries set to begin in November.
Regulatory filing: Lynk & Co files for new model Z20, it looks familiar
The Lynk & Co Z20 looks like the Zeekr X and is expected to launch in Europe in October. It just launched its first BEV model, the Lynk & Co Z10, in China last week.
Dongfeng brings its NEV models to HK, to open 3 local showrooms within this year
Dongfeng has launched its compact model Dongfeng Box in Hong Kong, and showcased other models including the Voyah Dream and Dongfeng 007.
China NEV retail at 214,000 in Sept 1-8, up 11% from same period last month
China's NEV retail penetration was 55.15 percent in the September 1-8 period, and 44.92 percent year-to-date.