Industry News

IM Motors unveils 2nd model LS7 and begins pre-sales with starting price of $50,260

IM Motors LS7, a mid-to-large-size SUV with a pre-sale price range of RMB 350,000 ($50,260) to 500,000, will officially go on sale in February.

Buick teases Electra E5 SUV in China, its first Ultium platform-based model

Buick is about to launch the Electra E5, the brand's first big five-seat SUV based on GM's Ultium platform.

Mercedes-Benz recalls 950 EQE vehicles in China

Just a month ago, Mercedes-Benz lowered the prices of all three versions of the EQE by about RMB 50,000.

Voyah unveils its first sedan, offers selling points similar to Nio ET7

Voyah's first sedan, while not as battery swap-enabled as the Nio ET7, offers similar selling points to Nio's model, including semi-solid-state batteries and battery leasing.

Dongfeng's SiC modules to be mass produced in 2023

By 2025, Dongfeng's IGBT and SiC projects could produce about 1.2 million power modules per year, it said.

US EV startup Lucid hiring for 14 jobs in China

Lucid's website has opened up 14 jobs in China, all of them based in Shanghai, in areas including hardware engineering, supply chain and retail.

Dongfeng to build smart driving platform based on Black Sesame's chips

Dongfeng's passenger car business unit will use Black Sesame's chips for its first all-electric sedan and first all-electric SUV.

Shenzhen's NEV penetration has reached 57% so far this year

To date, Shenzhen has 740,000 NEVs. The city plans to have that number reach 1.3 million by 2025.

Guangzhou auto show resumes with new dates of Dec 30 to Jan 8

China has essentially abandoned the ZERO-Covid policy, making it possible for such large events to be held.

Wuling's new mini car Air EV officially launched in China

The price range for the Wuling Air EV in China is RMB 67,800 ($9,720) to RMB 82,800. The model was previously launched in Indonesia.
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