Xpeng to unveil P7+ electric sedan on Oct 10
Xpeng will unveil its new flagship electric sedan, the P7+, on October 10, with a live video stream beginning at 2:00 pm Beijing time (2:00 am US Eastern time).
China's auto market sees 195 models cut prices in Jan-Sept, surpassing all of 2023
In the January-September period, China saw 195 models with price cuts, surpassing the 150 models in the whole of 2023, and significantly higher than the 95 models in 2022.
Nio, CYVN form JV Nio MENA to tap Middle East and North Africa markets
Nio MENA will introduce Nio and its sub-branded models to Middle East and North Africa markets. Nio and CYVN plan to collaborate on a new EV program involving research, manufacturing and future product launches.
China's commerce ministry expresses opposition to EU tariffs on Chinese EVs
China's commerce ministry said it firmly opposes the EU's additional anti-subsidy tariffs on Chinese EVs, but notes the EU's political will to continue to resolve the issue through negotiations.
EU votes in favor of raising tariffs on EVs from China
EU member states voted in favor of imposing tariffs on EVs imported from China, making higher rates a five-year policy.
BYD to launch Seal 06 GT on Oct 18
The Seal 06 GT, the production version of the Ocean-M concept, has already gone on pre-sale on August 30 at a price range of RMB 150,000 ($21,370) to RMB 200,000.
Tesla delivers 462,890 cars globally in Q3, higher than BYD's BEV sales
Tesla delivered 462,890 vehicles in the third quarter, higher than BYD's BEV sales of 443,426, though the latter's hybrid models are growing strongly.
BYD sells record 419,426 NEVs in Sept as hybrids continue strong growth
BYD sold 164,956 passenger BEVs in September, up 9.1 percent year-on-year, and 252,647 PHEVs, its seventh consecutive record high since March, up 86.17 percent.
Nio sees 2nd-highest ever deliveries in Sept as Onvo starts contributing to volume
Nio delivered 21,181 vehicles in September, the second-highest on record, including 20,349 from the main Nio brand and 832 from Onvo.
Nio partners with UK firm Monolith for real-time AI battery testing
Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.