Industry News
Regulatory filing: MG's electric roadster Cyberster not far from launch in China
MG's electric roadster Cyberster is not far from being available in China after the model made its debut at the Shanghai auto show two years ago.
China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show
The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.
China's Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show
In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.
China's Mar NEV retail sales at 549,000 units, preliminary CPCA data show
This was up 27 percent from February, but below the CPCA's estimate of around 560,000 units announced in late March.
Price wars fail to boost China's auto consumption
With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said.
Buick to launch Electra E5 electric SUV in China on Apr 13
The Electra E5, Buick's first electric model based on the Ultium platform, is a 5-seat SUV measuring 4,892 mm in length.
China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show
In the first quarter, wholesale sales of new energy passenger vehicles in China are expected to be 1.48 million, up 25 percent year-on-year, the CPCA said.
Hengchi 5 gets assisted driving capability days after Evergrande NEV warns of production halt risk
The H-Pilot assisted driving system is available for the first time for the Hengchi 5, giving the vehicle the ability to perform full-speed adaptive cruise control and lane keeping.
China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank
Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat.
Seres unveils new NEV brand Landian and 1st model E5 with BYD, Huawei technology
The Landian E5 is a mid-size plug-in hybrid SUV with a starting price of RMB 139,900.
