Chinese market regulator fines three auto chip dealers for price gouging
China's State Administration for Market Regulation (SAMR) fined three auto chip distributors a total of 2.5 million yuan ($400,000) for inflating the price of auto chips.
...
Factbox: What is the difference between CPCA and CAAM's China auto sales data?
The trends presented by the two data are consistent most of the time, but sometimes they may be inconsistent or even differ.
...
China's LFP battery installations extend its lead over ternary batteries in Aug
China's lithium iron phosphate (LFP) battery installed base surpassed ternary batteries for the first time this year in July, and that lead widened in August.
...
China's NEV sales exceed 300,000 units for first time in Aug, CAAM data show
China's NEV sales in August were 321,000 units, up 181.9 percent from a year ago and 18.6 percent from July.
...
Tesla allows Model Y owners in China to pay to boost their vehicles' power
The information shows that the owner can shorten the vehicle's 0-100 km/h acceleration time from 5 seconds to 4.4 seconds by paying RMB 14,100 ($2,190).
...
Xpeng P5, G3i enter China's vehicle purchase tax exemption list
Xpeng's P5 sedan and G3i SUV models have entered the list of vehicles exempted from vehicle purchase tax in China, paving the way for the start of their official sales.
...
Nio increases registered capital of two subsidiaries in Anhui by 50%
Nio recently increased the registered capital of two of its companies in Anhui by 50 percent, for a combined increase of RMB 4 billion ($620 million).
...
Xiaomi reportedly plans to release first car in 2024, aims to sell 900,000 units in three years
Xiaomi's automotive business has big ambitions, with plans to launch its first model in the first half of 2024 and a new car in each of the following three years.
...
Analysts expect chip shortage to improve later this month
China's auto industry is expected to enter the inventory-raising phase, with manufacturers' production and wholesale volumes expected to pick up, the team said.
...
Tesla opens new delivery center in Beijing, its largest in Asia with 101 delivery spaces
On the eighth anniversary of its entry into the Chinese market, Tesla is upping the ante here by opening a mega-delivery center.
...
