BYD said to launch premium brand in H1 2022 with first model to be priced at up to RMB 1 million
BYD will launch its premium brand in the first half of next year, and the first model will be a hardcore crossover priced at around RMB 500,000 to RMB 1 million, local media said.
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China sees nearly 160,000 NEV-related company registrations in Jan-Nov
As of now, there are 409,000 NEV-related companies in China, with Shanghai being the city with the most, with 18,200.
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China's NEV industry finally gets dedicated insurance clauses
Dedicated insurance coverage will ease some consumer concerns about buying NEVs.
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Xpeng subsidiary fined for illegally collecting facial recognition data
The data was used to analyze the number of visitors to the stores, the percentage of men and women, and age information.
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Xiaomi exec confirms Smartmi formed team to study EVs
A Xiaomi executive says Smartmi is researching electric vehicles out of interest, forming a small team that is doing very early work.
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China Galaxy Securities expects local NEV sales to exceed 6 million next year
The team expects China's NEV sales to be around 6.11 million units in 2022, accounting for more than half of the global market share.
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Nio releases first teaser image of upcoming new model
The first teaser image released by Nio shows the model, which will be announced on December 18, equipped with cut-through taillights.
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Further Reading: Owners explain why they chose HiPhi, China's highest-priced local EV brand
"There's no better choice."
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BYD expects to sell up to 1.2 million NEVs next year
BYD expects to sell 600,000 pure-play EVs and 500,000-600,000 plug-in hybrids next year, corresponding to a market share of about 25 percent in China.
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Xpeng pushes latest Xmart OS public beta to P7, brings memory parking route sharing feature
The feature will provide great convenience for other users, such as the ability to quickly reach supercharging stations in underground parking lots.
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