Industry News

Mercedes-Benz launches EQS SUV in China with starting price of over $132,000

The EQS SUV is the latest offering from Mercedes-Benz in China, where it has previously released several all-electric models that have had lukewarm sales.

CPCA expects Feb NEV sales in China to grow 20% from Jan

Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.

BMW launches 2 higher-priced variants of i3 EV in China

The BMW i3 ranked 14th among the best-selling new energy sedans in China in January with 3,624 units sold, according to a list by the CPCA.

Nio Capital invests in electric commercial vehicle maker Newrizon

Newrizon was founded in September 2020 by former Nio senior vice president Huang Chendong.

Nissan cuts prices of its flagship EV offering in China by about $8,740 after similar move by Toyota

The Nissan Ariva was officially launched in China on September 27, 2022, and Nissan said at the time that it was the first global model under its Nissan Next strategy.

BEVs contribute 86% of all NEV miles driven in China in Jan

BEVs contributed 86.47 percent of the 17.1 billion kilometers driven by NEVs in China in January, and PHEVs contributed 13.48 percent.

Geely to launch new mid-to-high-end NEV brand and 1st product on Feb 23

The first model of the new brand is expected to be a sedan that will have extremely low wind resistance.

China NEV sales up 106% year-on-year in Feb 1-12, CPCA data show

Much of this is likely due to a low base caused by last year's Chinese New Year holiday.

Shanghai auto show to be held on April 18-27

The upcoming Auto Shanghai 2023 will be the first major auto show in China after the lifting of Covid controls.

Regulatory filing: Human Horizons working on 3rd model HiPhi Y

The HiPhi Y will be priced in the RMB 400,000-500,000 range and will be the least expensive of Human Horizons' models, previous reports have implied.
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