EV Industry

Although not many people in China know about Changzheng Auto, it is the second company after BYD to officially announce a full shift to NEVs.

Chinese regulators plan to allow Didi, Kanzhun, Full Truck Alliance's mobile apps back into the domestic app stores, which could happen as early as this week, according to the Wall Street Journal.

Lotus will open about 50 sales and service stores in about 20 cities in China and build its own high-end fast-charging stations.

Chinese EV makers are expected to see a material improvement in deliveries in June as work and production resume in Shanghai, according to Edison Yu's team.

The Jidu ROBO-01 concept car will have a uniquely shaped steering wheel, an ultra-wide display, and a very high-tech cockpit, the latest set of posters shows.

In 2019-2021, WM Motor had vehicle sales of 12,799, 21,937 and 44,152 units respectively.

BYD has six models on the list, and Leapmotor, WM Motor, Neta and Ora also have models eligible to participate in the campaign.

The purchase tax will be cut in half for passenger cars of 2.0 liters and below with a purchase date between June 1 and December 31 and with a price not exceeding RMB 300,000.

Tesla, Nio showrooms will be opened soon, and the launch of Nio ES7 will not be far away.

In China, cars priced around RMB 200,000 are seen as offering the best balance of affordability and specifications.