Industry News
Toyota cuts bZ4X electric SUV price in China by $4,420
This comes just four months after the bZ4X officially went on sale in China on October 10, 2022.
Deutsche Bank on China EV sales: Jan weak but price cuts should boost sales going forward
Deutsche Bank expects the latest round of price cuts to spur a big rebound in EV orders, with at least eight automakers already offering some type of price discount or promotion so far.
Chinese consumer satisfaction with NEVs exceeds fuel vehicles for 1st time
BYD has 6 models and Nio has 3 models on the list with the highest satisfaction levels.
China's retail sales of passenger NEVs fall 48% in Jan from Dec, CPCA data show
Retail sales of new energy passenger vehicles in China were 332,000 units in January, lower than the CPCA's estimate of 360,000 units announced on January 28.
Seres to launch new model with semi-solid-state battery this year
The Seres 5 will be powered by a ternary solid-liquid hybrid lithium battery from Ganfeng Lithium, with a 90-kWh version expected to offer a 530 km WLTP range.
China's Jan passenger vehicle retail sales fall 41% year-on-year, preliminary CPCA data show
The CPCA's preliminary figures were 8.8 percent below its January 28 estimate of 1.36 million units, implying a worse-than-expected performance in the final days of January.
BYD-backed RoboSense to provide LiDARs for multiple Toyota models
RoboSense will provide RS-LiDAR-M series LiDARs for a number of FAW Toyota's best-selling models, promising accurate sensing capabilities for vehicles.
CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point
CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.
GAC Aion sees sales drop 66% month-on-month, starts offering car-buying incentives
GAC Aion sales dropped to 10,206 units in January, and its local counterpart, Leapmotor, also saw sales plunge more than 80 percent to 1,139 units.
Chery sends 24,000 vehicles to 11 countries during Chinese New Year holiday
In 2022, 3.11 million vehicles were exported from China, of which Chery contributed 452,000, or 14.5 percent.