Industry News
FAW Hongqi launches all-electric sedan EH7 with starting price of $31,920
Hongqi EH7 is the first model launched by Hongqi New Energy since it became independent in January 2023.
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China's NEV retail at 335,000 in Mar 1-17, up 115% from same period last month
China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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GAC's EV unit Hycan reportedly asks all employees to sell cars as sales remain weak
Hycan, previously known as GAC Nio, has sold fewer than 20,000 vehicles annually for the past two years.
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Changan's NEV unit Deepal unveils off-road SUV G318
The G318 is Deepal's third model after the SL03 sedan and S7 SUV and is an EREV.
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IM Motors to equip L6 sedan with smart chassis that supports 'crab walk'
IM Motors has shared two videos showing the L6 being able to maneuver in tight spaces with the help of the smart chassis.
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Rising Auto says it's moving forward with asset-light strategy, denies recent rumors as 'untrue'
Rising Auto said all is well with it and will launch a new model in the middle of the year.
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Dongfeng's new NEV brand eπ launches 1st model, eπ 007 sedan, starting at $22,190
The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models.
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SAIC abandoning EV unit Rising Auto, report says
Employees at Rising Auto are expected to be laid off by more than 70 percent, while the remaining employees are likely to get a pay cut, according to local media.
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VW Anhui files for 1st model ID.UNYX
Volkswagen Anhui is majority-owned by Volkswagen and is its first joint venture in China focused on NEVs.
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China's NEV retail at 154,000 in Mar 1-10, up 64% from same period last month
Retail penetration of NEVs in China rebounded to 43.38 percent in the March 1-10 period.
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