Industry News
BMW recalls over 90,000 EVs in China due to software issues
BMW is recalling a total of 93,632 iX series, i3 and i4 electric vehicles in China and will fix them with software updates.
Geely officially launches Galaxy lineup, to roll out 7 models by 2025
Geely Galaxy will launch four hybrid models and three all-electric models in the next two years to target the mass market.
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.