Industry body submits 'urgent report' to Chinese authorities as price wars leave dealers in peril
CADA has called on Chinese authorities to introduce financial relief for the dealership sector, saying that price wars have led to a cumulative loss of RMB 138 billion yuan ($19.6 billion) in new car retail sales in the January-August period.
Spy shots reveal interior of Nio Firefly's debut model
Local automotive media outlet Auto Home today shared several spy shots of the first model of Nio Firefly, exposing the interior of the model for the first time.
Neta begins car deliveries in HK
Neta has started delivering the Neta X SUV in Hong Kong and plans to add multiple sales outlets in the city in the fourth quarter.
BYD's new car carrier ready for operation
Guangzhou Shipyard held an undocking ceremony on September 20 for the BYD Hefei, a 7,000-vehicle car carrier built for BYD.
Xpeng signs dealer deal to enter Qatar market
Xpeng has appointed Pioneer Motors as its exclusive distributor in Qatar, where the G6, G9, and P7 are expected to be launched by the end of 2024.
BYD Denza says Z9GT gets over 5,000 orders in 36 hours after launch
Denza said the Z9GT received more than 5,000 firm orders in its first 36 hours on the market, with the 2010 units of limited-edition cars already sold out.
Nio targets Onvo L60 capacity of 5,000 units in Oct, 20,000 by Mar 2025
Onvo L60 production capacity is expected to reach 10,000 units in December, at least 16,000 units in January and 20,000 units by March, William Li said.
BYD Denza launches tri-motor-equipped Z9GT with starting price of $47,460
The Z9GT comes standard with e3 technology, which can be seen as a scaled-down version of BYD's e⁴ technology built for ultra-luxury cars, bringing powerful performance to an affordable model.
Zeekr launches 7X SUV for families with starting price of $32,590
The Zeekr 7X has received more than 58,000 orders in the past 20 days since pre-sales began on August 30.
CPCA expects China's NEV retail to be 1.1 million in Sept, above 1 million for 2nd consecutive month
In September, China's passenger NEV retail sales are expected to be around 1.1 million units, up 47.3 percent year-on-year and up 7.3 percent compared to August, CPCA's estimates show.