Industry News
Baidu-backed Jiyue begins pre-sales of Jiyue 07 sedan with price starting at $30,300
Jiyue has begun pre-sales of the Jiyue 07 at a price of RMB 215,900 ($30,300), with the model set to go on sale on September 10.
China NEV retail at 718,000 in Aug 1-25, up 18% from same period last month
China's NEV retail penetration was 55.1 percent in the August 1-25 period, and 44.3 percent year-to-date.
Shanghai auto show 2025 to be held in Apr 25-May 2 next year
The last Shanghai auto show was held in April 18-27, 2023, with 1,413 vehicles on display, including 513 NEVs.
Baidu-backed Jiyue to launch Jiyue 07 sedan on Sept 10
Jiyue will hold a launch event on August 28 about smart driving using end-to-end AI technology and will launch the Jiyue 07 sedan on September 10.
CPCA expects China's Aug NEV retail at 980,000, with record 53.2% penetration
China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
Avatr kicks off Avatr 012 pre-sales: Starts at $98,110, limited to 700 units
The Avatr 012 is Avatr's second limited-edition model, based on the Avatr 12 electric sedan with different features to emphasize its more premium positioning.
China NEV retail at 490,000 in Aug 1-18, up 27% from same period last month
China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.
GAC Aion's new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.
Avatr unveils extended-range system to capitalize on hybrid preference and boost sales
Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV.
SAIC to integrate IM Motors and Rising Auto's R&D teams to reduce costs, report says
The R&D teams of IM Motors and Rising Auto, and power battery, smart driving, and chassis technology programs, will be relocated to SAIC's R&D innovation headquarters, according to local media.
