Li Auto launches new Li ONE, standard version costs $1,560 more than current model
This price comes as a surprise to many, as just last Friday, a well-known car blogger said that the new Li ONE will be priced at RMB 400,000, up RMB 72,000 ($11,000) from the current model.
Code name 'Gemini' sparks speculation that Nio could launch entry-level model
A tender announcement issued half a month ago by Nio's OEM JAC was widely reported in the Chinese auto media today, sparking speculation that the electric carmaker will launch an entry-level model.
Average unit price of new energy credits in China stood at about $188 in 2020
New energy vehicle credit policy is a key weapon in China's push to transition the sector to electrification, forcing higher costs on slow movers and rewarding first movers.
WM Motor's first electric sedan to be named after its concept car Maven
WM Motor's consumer-facing products will be divided into the W series and M series in the future, with the former being SUVs and the latter sedans.
SAIC's overseas sales rose 118% year-on-year to over 87,000 units in January-April
China's new energy vehicle exports were nearly 70,000 units in 2020, with SAIC contributing nearly 50 percent.
Honor focuses on mobile business, won't get involved in making cars, CEO says
He said that many people say cars are a replacement for smartphones, which is nonsense.
First model sold in Huawei channel said to have over 10,000 orders
Seres said Tuesday that the Seres SF5 will be delivered to their first owners on May 29.
State media says 'the future is here' after visiting Nio factory
State-owned Xinhua News Agency made a site visit to Nio's factory in Hefei and published an article titled "The future is here - A visit to Nio."
Chinese firm's millimeter-wave radar that can detect cans 180 meters away to be mass produced in Q4
While LiDAR is all the rage in the new energy vehicle market, it doesn't mean millimeter-wave radar is being left behind.
Nio, Xpeng, Li Auto have lots of new energy credits, here's how much they're worth
The current trading price per unit of the new energy credits has risen from an initial RMB 300 ($47)-RMB 500 to RMB 2,500-RMB 3,000, an increase of up to 9 times.
