Industry News
Evergrande starts mass production of Hengchi 5, pushing ahead with more models
Hengchi 6 will be mass-produced in the first half of next year and Hengchi 7 in the second half of next year, Evergrande NEV said.
GAC Aion unveils Hyper SSR electric supercar, boasting acceleration to 100 km/h in 1.9 seconds
GAC Aion is offering two versions of the Hyper SSR with a pre-sale starting price of RMB 1.286 million, with deliveries to begin in October next year.
Polestar begins accepting reservations for Polestar 6 LA Concept edition in China
The Polestar 6 LA Concept edition is limited to 500 units worldwide, with 10 spots available in China at a suggested retail price of about $240,000.
Under-the-radar startup quietly becomes one of the strongest players in China’s self-driving space
Startup Haomo's self-driving technology has earned two Chinese models five-star safety ratings from Euro NCAP.
SAIC launches MG Mulan with starting price of $18,620 in China
SAIC said it has sent 10,000 units of the MG Mulan compact crossover to Europe, and the model will be available in more than 80 countries next year.
Geely affiliate unveils 600-kW supercharging tech that claims to add 300 km of range in 5 minutes
Geely affiliate VREMT says its 600-kW supercharging technology is now in mass production and ready to be brought to market quickly.
China sees record NEV sales of 666,000 in Aug, CAAM data show
The penetration of NEVs in China reached a record 27.9 percent in August, up 3.4 percentage points from 24.5 percent in July.
China’s wholesale sales of passenger NEVs hit record 632,000 units in Aug, CPCA data show
In terms of wholesale sales, China's new energy passenger vehicle penetration rate reached a record 30.1 percent in August, the first time it exceeded 30 percent.
Nio Capital leads latest funding round in US-based suspension startup ClearMotion
The financing will be used to support the 2024 debut of ClearMotion's fully active suspension CM1, which eliminates the sway in the car that disrupts the ride.
China’s NEV sales expected to exceed 10 million in 2023, analysts say
This would include 6.99 million BEVs and 3.37 million PHEVs, according to a team of local analysts.
