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SAIC's Rising Auto plans to launch at least one model per year through 2025
Rising Auto will invest RMB 20 billion ($3.16 billion) over the next five years and will focus on the mid- to high-end NEV market priced at RMB 200,000-500,000.
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SAIC's Rising Auto unveils battery swap-enabled coupe SUV R7
Rising Auto says the R7 can swap batteries in as little as 2.5 minutes.
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SAIC sells 72,236 NEVs in Jan, up 25.5% year-on-year
This is a 23.53 percent drop from 94,460 units in December last year.
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Wuling Nano EV prices up 6% on subsidy drop and cost increase
For a low-priced model like the Nano EV, a 6 percent range is noteworthy for its price-sensitive potential consumers.
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SAIC's IM Motors to deliver its premium electric sedan L7 right after Nio ET7
The L7 is currently the closest in looks, specs and price to Nio's first flagship sedan, the ET7.
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IM Motors sees 200 Beta units of its first model, the L7, roll off line
By the end of February 2022, IM L7 test cars will begin to be available in sales stores, and interested consumers will be able to take a test drive in early March.
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SAIC says Cadillac Lyriq has received nearly 5,000 pre-orders in China
The Lyriq opened for pre-sale in China on November 17 and is expected to be delivered in mid-2022.
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SAIC Audi exec expects 40% of luxury car market to be EVs by 2025
Audi believes that by 2030, sales of EVs could reach 2 million units in the high-end luxury car market.
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Wuling's new minicar Nano EV goes on sale, prices start at around $7,800
The Nano EV is powered by an electric motor with a maximum power of 24 kW and a peak torque of 85 Nm. It has a combined range of 305km.
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Wuling Hongguang Mini EV sold 47,834 units in Oct, up 101% year-on-year
SAIC-GM-Wuling's three models of the GSEV architecture sold a total of 51,081 units in October, up 112 percent from a year ago.
