EV Industry

This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.

Xi'an aims to become a top-tier NEV base in China by 2025.

JPMorgan is bullish on the prospects for China's NEV industry, which coincides with the optimism of Chinese investors, one executive said.

As Nio's William Li puts it, once users embrace electric vehicles, they will become widespread very quickly.

The store is set up in Hefei and covers an area of nearly 100,000 square meters, four times the size of Uxin's first offline superstore.

Uxin, whose main business is online used car trading, has decided to develop both its online and offline businesses and is bringing back several veteran former employees.

The Hengchi 5 is complete with basic features and is just short of a road-access permit for mass production.

The secretary-general of the CPCA said that with the supply of chips still uncertain in 2022, traditional carmakers will prioritize their limited resources for NEV models.

From January to October, WM Motor delivered a total of 34,068 units, up 101.7 percent year-over-year, the company said.

Geely aims to sell 3 million Geely Auto units and 650,000 Zeekr units by 2025.