Industry News
IM Motors starts pre-sales of updated LS6 SUV from $32,410
IM Motors today began pre-sales of the LS6 at the Chengdu auto show, with a price range of RMB 229,900 ($32,410) to RMB 299,900.
Chinese EV startup Rox Motor goes global, to build sales outlets in 5 overseas markets
Rox Motor has signed distribution agreements with partners from Qatar, Kuwait, Azerbaijan, the Philippines, and Egypt to initiate the construction of sales channels in these five emerging markets.
Baidu-backed Jiyue begins pre-sales of Jiyue 07 sedan with price starting at $30,300
Jiyue has begun pre-sales of the Jiyue 07 at a price of RMB 215,900 ($30,300), with the model set to go on sale on September 10.
China NEV retail at 718,000 in Aug 1-25, up 18% from same period last month
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
Shanghai auto show 2025 to be held in Apr 25-May 2 next year
The last Shanghai auto show was held in April 18-27, 2023, with 1,413 vehicles on display, including 513 NEVs.
Baidu-backed Jiyue to launch Jiyue 07 sedan on Sept 10
Jiyue will hold a launch event on August 28 about smart driving using end-to-end AI technology and will launch the Jiyue 07 sedan on September 10.
CPCA expects China's Aug NEV retail at 980,000, with record 53.2% penetration
China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
Avatr kicks off Avatr 012 pre-sales: Starts at $98,110, limited to 700 units
The Avatr 012 is Avatr's second limited-edition model, based on the Avatr 12 electric sedan with different features to emphasize its more premium positioning.
China NEV retail at 490,000 in Aug 1-18, up 27% from same period last month
China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
GAC Aion's new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.