Industry News

Chongqing Sokon to change its name to more well-known Seres

In China, the partnership with Huawei has made people know Seres but not Chongqing Sokon.

China's NEV sales reach record 596,000 units in June, CAAM data show

The CAAM said China's NEV sales are expected to reach 5.5 million units in 2022, up 56 percent year-on-year.

Mercedes-Benz partners with Tencent to speed up self-driving technology in China

Mercedes-Benz and Tencent will establish a joint lab to speed up the German luxury carmaker's development of self-driving technology in China.

BMW reveals EV sales growth in China, but leaves a big question mark

BMW sold 75,891 EVs worldwide in the first half of the year, but its sales in China were not announced, providing only a growth rate.

China's wholesale sales of passenger NEVs hit record 571,000 units in June, CPCA data show

Against the backdrop of the halving of the ICE vehicle purchase tax, not only were NEVs unaffected, they improved more than expected sequentially, the CPCA said.

Ford to recall 775 Mustang Mach-E vehicles in China due to software issues

Ford began delivering Mustang Mach-E vehicles to customers in China at the end of December last year, and they have not performed anywhere near as well as the Tesla Model Y.

Chinese team develops EV powered solely by solar energy

The EV has 8.1 square meters of solar panels and generates a maximum of 7.6 kWh of electricity per day on a sunny day.

SAIC sells 91,297 NEVs in June, up 27% from May

In June, SAIC's NEV sales accounted for 18.88 percent of total sales. The company aims to increase that share to at least 32 percent by 2025.

JAC posts 18,126 EV sales in June, up 27% from May

Although JAC did not specify, its EV sales should include Nio vehicles that it manufactures on its behalf.

Chinese EV trio's stocks fall in Hong Kong as overall market declines

In the meantime, stocks in the NEV industry chain in China's A-share market soared, with Gotion High-tech up 7.26 percent and CATL up 4.86 percent.
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