Industry News
Ford offers up to $5,740 discount on Mustang Mach-E in China
Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.
Financially troubled WM Motor says it's pushing hard to resume production
WM Motor will have more than 100 dealership stores in China gradually return to regular service, the company said.
China's Feb retail sales of passenger NEVs up 32% from Jan to 438,000, preliminary CPCA data show
China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.
Toyota bZ3 with BYD battery and motor starts accepting pre-orders in China with prices starting at $24,500
The Toyota bZ3 is priced lower than the BYD Han EV in China, but higher than the BYD Destroyer 05.
Changan's EV brand Shenlan unveils its Model Y rival, S7
Shenlan's first model is a rival to Tesla's Model 3 and has delivered a total of 37,328 units since deliveries began in late August.
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.