Industry News
Mini EV maker Wuling launches first hybrid vehicle with prices as low as $14,600
The model from Wuling is not similar to BYD's PHEVs, but is a Hybrid Electric Vehicle (HEV), which is considered an ICE vehicle in China.
Mercedes-Benz EQE officially launched in China, some say 'give me a reason to buy it instead of Nio ET7'
The Mercedes-Benz EQE is an excellent model, but some competing models from local EV upstarts are putting it in an awkward position.
Polestar 2 vehicle facing hefty battery replacement costs has been scrapped
The cost of replacing a battery pack in the Polestar 2 is twice the price of a new car, making the brand a recent talking point in China.
Great Wall Motor's Haval brand to stop selling ICE vehicles in 2030
The Haval H6 was China's best-selling SUV for the past several years, but it has now been dethroned by BYD's Song.
Chinese Polestar 2 owner faces higher cost than new car in replacing damaged battery pack
A Polestar 2 owner was told it would cost RMB 540,000 ($79,200) to replace a damaged battery pack, 1.6 times the price of his vehicle.
CPCA expects China to see 520,000 retail sales of passenger NEVs in Aug, up 7% from July
In early August, some NEV prices rose again, but consumer enthusiasm was not significantly affected, the CPCA said.
Changan halts production of Shenlan SL03 amid power crunch in Chongqing
Changan Shenlan and key suppliers have suspended production of the SL03 vehicle and parts since August 15 in order to ensure electricity supply for residents.
State Grid reduces EV charging power during peak hours in some parts of China amid power crunch
Nearly 350,000 charging piles in Chongqing, Zhejiang and Hubei will be limited in charging power during the peak hours of 15:00-22:00.
Evergrande NEV denies it will be acquired, says working to bring in strategic investors
Evergrande NEV has been actively bringing in strategic investors, with both local governments and several companies currently expressing interest in investing, its president said.
Evergrande NEV reportedly may be acquired by another automaker
Evergrande NEV's plant in Tianjin will halt production from August 18 due to a shortage of materials, according to local media.