Industry News
China NEV retail exceeds 1 million mark for 1st time in Aug with strong growth in hybrids
China's PHEV retail sales hit a record high for the third consecutive month, while BEV retail sales grew again, ending two consecutive months of sequential declines.
Shenzhen has nearly twice as many supercharging stations as gas stations
Shenzhen has built a total of 550 supercharging stations so far, nearly twice the number of gas stations in the southern Chinese mega city.
Lynk & Co launches 1st BEV model Z10 in China with starting price of $28,600
The Lynk & Co Z10 is an all-electric mid to large-size sedan built on the same platform as the Zeekr 001.
Mercedes-Benz ups investment in China to expand local product lineup
Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.
China NEV retail sales exceed 1 million mark for 1st time ever in Aug, preliminary CPCA data show
China's retail sales of NEVs were a record 1.015 million units in August, with penetration rising to a record 53.14 percent, preliminary CPCA data showed.
Changan establishes German subsidiary as it targets 480,000 overseas sales in 2024
Changan's German subsidiary has been registered, marking another step in its "Vast Ocean" plan.
Changan's NEV arm Deepal signs dealer deal to tap UAE market
Deepal signed a strategic partnership agreement with UAE auto dealership group Al Tayer Motors on September 2 to jointly offer Deepal's products in the Middle Eastern country.
China Aug NEV wholesale at 1.05 million, up 11% from Jul, CPCA estimates show
China's wholesale sales of passenger NEVs are expected to come in at 1.05 million units in August, which would be the first time this year that they have exceeded 1 million units.
IM Motors starts pre-sales of updated LS6 SUV from $32,410
IM Motors today began pre-sales of the LS6 at the Chengdu auto show, with a price range of RMB 229,900 ($32,410) to RMB 299,900.
Chinese EV startup Rox Motor goes global, to build sales outlets in 5 overseas markets
Rox Motor has signed distribution agreements with partners from Qatar, Kuwait, Azerbaijan, the Philippines, and Egypt to initiate the construction of sales channels in these five emerging markets.
