China NEV retail falls to 674,000 in Apr, penetration reaches record 43.7%
The NEV segment fared better than the overall automotive market, while PHEVs outperformed BEVs.
Tesla's Apr sales in China halve from Mar to 31,421 units
In the January-April period, Tesla sold 163,841 units in China, down 7.64 percent year-on-year.
Avatr teases new model Avatr 07, pivots to EREVs to boost sales
The Avatr 07 will be Avatr's third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV and EREV variants.
Chery's Exeed brand launches Sterra ET SUV, targeting both BEV and EREV markets
The Sterra ET SUV is the second model in Exeed's Sterra lineup after the Sterra ES sedan, with a starting price of RMB 189,800 ($26,280).
US poised to unveil tariffs on Chinese EVs next week, report says
The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg.
BYD Yangwang to showcase U9 supercar at Goodwood Festival of Speed in UK
Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14.
Skyworth Auto signs $1.38 billion deal with Saudi Arabia's KAG
Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).
Nio, GAC Aion's Hyper brand to interconnect charging network by end of May
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio's charging network.
Tesla ramps up layoffs in China, report says
Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg.
BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says
The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media.