China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
Zeekr unveils SEA-M architecture that delivers 'ultimate space', Zeekr Mix makes debut
Zeekr has invested more than 7 billion RMB in SEA-M architecture that enables ultimate space, and the Zeekr Mix is the first model based on the architecture.
CPCA expects China's NEV retail sales at 720,000 in Apr, flat from Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
Huawei-BAIC joint brand Stelato unveils 1st model S9 at Beijing auto show
The Stelato S9 will be another Huawei-backed flagship model after the Aito-built Aito M9, which is expected to go on sale in July-August.
BYD Denza unveils Z9GT at Beijing auto show
The Z9GT is based on BYD's e3 technology, with power up to nearly 1,000 hp. Denza will hold a technology launch event about the Z9GT in May, and the model's official launch will be at the end of the year.
BYD unveils Ocean-M hatchback, set to hit market in Q3
The official launch of the Ocean-M hatchback will take place in the third quarter, with a price range of RMB 150,000 to RMB 200,000 yuan.
Nio, Lotus enter into strategic partnership on charging and battery swap
Nio and Lotus will collaborate in areas including the development and customization of models that support charging and battery swap, and charging connectivity.
BYD unveils Qin L, Seal 06 hybrid sedans at Beijing auto show
The Qin L DM-i and Seal 06 DM-i are both mid-size sedans that will both go on sale in the second quarter and are expected to feature BYD's fifth-generation DM hybrid technology.
BYD's Yangwang launches new variant for U8, gives U7 debut at Beijing auto show
Yangwang launched the U8 Off-road Master Edition with enhanced off-road capabilities at a starting price of RMB 1,098,000. The U7 sedan will be priced in the RMB 1 million range and will go on sale in the second half of the year.
Nio launches 2024 ET7: Starting price unchanged, top-trim variant gets price hike
The starting price of the 2024 ET7 is the same as the 2023 model, but the price of its top-trim variant with a 100-kWh battery pack has gone up by RMB 10,000 yuan.
