Industry News
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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Changan's EV unit Avatr offers new variant of Avatr 11 SUV at $6,970 price reduction
Avatr is offering a new version of its Avatr 11 SUV available for this month only at a starting price of RMB 250,000, down from RMB 300,000 for the model's previous entry-level ver
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FAW-VW offers up to $7,520 discount on ID.4 Crozz
This is to celebrate the third anniversary of the launch of the ID.4 Crozz, which has a discounted starting price as low as RMB 139,800, FAW-Volkswagen said.
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China adds 44,000 public charging piles in Feb
From March 2023 to February 2024, the average monthly number of newly added public charging piles were about 80,000 units.
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China sells 477,000 NEVs in Feb, down 34.6% from Jan, CAAM data show
Excluding exports, domestic NEV sales in February totaled 395,000 units, down 9.8 percent year-on-year and down 37.2 percent from January.
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Great Wall's Tank brand begins deliveries of Tank 700 Hi4-T Limited Edition
Only 70 units of the Tank 700 Hi4-T Limited Edition are available in the first batch, and orders will be reopened once first deliveries are complete.
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FAW's Hongqi brand to launch all-electric sedan EH7 on Mar 20
The Hongqi EH7 is a mid-to-large-sized sedan based on the FME platform, and is the first pure-electric sedan built by the Hongqi brand based on the platform.
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Baidu-backed Jiyue starts offering car-buying incentives as China's EV price war rages on
Jiyue is offering a 3-year interest-free loan program for the Jiyue 01, which it said will save customers up to RMB 23,659.
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China's NEV retail at 388,000 in Feb, down 42.1% from Jan
Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January.
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Polestar cuts Polestar 4's price in China by $8,340, but only for 100 units
In addition to the limited-time discount, Polestar is also offering other limited-time benefits for the Polestar 4 including free upgrades to the smart driving suite.
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