Industry News

China's retail sales of NEVs expected to be record 580,000 in Sept, CPCA estimates show

At retail, China's NEV penetration rate reached a record 29.7 percent in September.

SAIC joins forces with CATL and two oil giants to offer battery swap services

SAIC's Rising Auto, Roewe, MG and Maxus brands will launch battery swap-enabled models, with the Rising Auto R7 being the first such model.

Wuling refreshes KiWi EV, DJI's assisted driving system debuts in production vehicle

The 2023 KiWi EV equipped with DJI's assisted driving system enables intelligent obstacle avoidance, adaptive cruise control, advanced lane keeping and automatic lane changing.

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.
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