EV Industry
+ FollowIM Motors offers 0-interest financing, cash discount incentives
Customers who buy an EV from IM Motors before the Chinese New Year can enjoy 0-interest financing for five years and a RMB 5,000 ($680) cash discount.
Lotus changes Chinese name in brand revival effort
Lotus CEO called the move a major brand revival milestone and said the brand sold more than 2,000 units worldwide in December.
Wuling slashes prices of electric Binguo SUV by up to 6%
Wuling's move brings the price of an electric model with a range of 500 km below RMB 90,000 yuan.
Avatr sells 11,067 cars in Dec, down 4.42% from Nov
For the full year 2024, Avatr sold 73,606 vehicles, up 132.47 percent from 2023.
Voyah delivers record 12,136 cars in Dec, targets 200,000 for 2025
Voyah delivered 85,697 vehicles for the full year 2024, falling short of its 100,000-unit target.
Rox Motor delivers record 1,268 cars in Dec
This is the first time Rox Motor has announced delivery figures, saying it is the sixth consecutive month of sequential growth.
SAIC's MG Motor to produce cars locally in Egypt
MG will first produce the new-generation MG5 model in Egypt, with the local plant having an initial annual capacity of 50,000 units.
IM Motors gets L4 autonomous driving road test license
An IM Motors executive said the company officially received its L4 driverless road test license today.
Deepal sees 400,000th car roll off line, targets 500,000 sales in 2025
Deepal saw deliveries surpass 36,000 units in December and more than 240,000 units for the entire 2024.
China NEV sales in 2025 estimated to rise by 30% to 16.5 million
China's NEV sales, including exports, are expected to reach about 16.5 million units in 2025, with a penetration rate of more than 50 percent, a think tank expert said.