Industry News

US audit officials complete 1st round of on-site inspections of Chinese firms ahead of schedule, report says

US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process of preventing the delisting of shares of US-listed Chinese companies, Bloomberg reported.

GAC Aion unveils its 3rd-gen EV platform AEP 3.0

The first model based on the platform will be the previously announced Hyper SSR all-electric supercar, which will begin deliveries in October 2023.

China's passenger NEV wholesale sales at 680,000 units in Oct, CPCA estimates show

Sales in China's new energy passenger car market were muted in October, with leading manufacturers struggling to maintain growth, the CPCA said.

IM Motors L7 performance variant launched with starting price of $65,500

The model comes with an extensive sports package and an enhanced motor cooling system that raises the power to 445 kW.

Hesai unveils solid-state LiDAR FT120 for filling blind spots, deliveries to begin in 2023

The LiDAR, which will be used primarily on the sides of the body, has already received more than 1 million unit orders from car companies, according to Hesai.

Avatr says over 5,000 consumers have locked in orders for its first model

Avatr said it has received more than 5,000 firm orders for the Avatr 11 since it began allowing consumers to lock in configurations at 16:00 on October 22.

GAC Aion sells 30,063 vehicles in Oct, essentially unchanged from Sept

GAC Aion's cumulative sales from January to October were 212,384 units.

Voyah delivers 2,553 vehicles in Oct, basically flat from Sept

Voyah's delivery figures for the year show that the two existing models are not doing well. Its upcoming sedan may help boost sales.

Ora Lightning Cat officially launched: A Porsche-like electric sedan with starting price of $25,980

Ora appears to be aiming the Lightning Cat to reach a broader demographic than just female consumers, targeting one of the most competitive and spacious markets in China.

Evergrande begins deliveries of its first production model Hengchi 5

Evergrande NEV delivered the first Hengchi 5 vehicles to owners on October 29.
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