Industry News
China's NEV retail sales expected to be about 700,000 units in Dec, CPCA says
In terms of retail sales, China's NEV penetration rate is expected to be about 31.8 percent in December, lower than the 32.3 percent in November.
GAC Aion begins pre-production performance testing of Hyper SSR supercar
The Hyper SSR supercar has a maximum output of 1,225 horsepower and can accelerate from 0 to 100 km/h in 1.9 seconds.
HiPhi begins mass production of 2nd model HiPhi Z, deliveries to begin in Jan
The HiPhi Z coupe has a starting price of RMB 610,000, with the first production cars rolling off the production line on December 20.
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.