SAIC-GM-Wuling aims to sell 700,000 NEVs in 2024
SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share.
China EV insurance registrations for week ending Jan 21: Nio 1,900, Xpeng 1,800, Li Auto 7,600, Tesla 11,700
During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.
Leapmotor president has departed, report says
Leapmotor co-founder and president Wu Baojun has left the company, which will no longer have a president position, according to local media.
Dongfeng's NEV unit Voyah aims to sell 100,000 cars in 2024
Voyah delivered 50,552 vehicles in 2023, and the target implies about 100 percent growth.
Tesla Cybertruck to start China tour at late Jan with 8 cars to debut in 8 cities
Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi'an, and Chongqing will be the first eight cities that Cybertruck will tour in China.
Nio issues fraud warning as scammers market gambling business in its name
Nio said it had never been in the gambling business and warned its community not to fall for the scam, saying it had reported to the police.
BYD teases new compact electric SUV Yuan Up
The Yuan Up will be the newest member of BYD's Yuan family, which sold 428,580 units in 2023 and contributed 14 percent of BYD's sales.
Xiaomi founder sees auto industry as 'winner takes all'
That's in contrast to Nio's William Li's view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met.
Nio offers incentives for owners to share 100-kWh long-range battery packs ahead of Chinese New Year travel rush
Nio had raised the price of daily battery upgrades for February a few days ago. February 10-17 is the Chinese New Year holiday.
Xpeng has undergone fresh team reshuffles led by new president, report says
Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media.