Industry News

MG unveils new electric sports car MG Cyber GTS at Goodwood Festival of Speed in UK

The MG Cyber GTS, unveiled at the Goodwood Festival of Speed 2024 in the UK, is a two-door, four-seat hardtop sports car.

Lexus to equip its EVs with LiDARs from RoboSense, report says

In the meantime, Xpeng, one of the first EV makers to use LiDARs, will ditch the component on its upcoming new model, the P7+.

Geely's electric pickup brand Radar opens 1st overseas subsidiary in Thailand

Radar's products will operate in Thailand under the new brand name Riddara and will be presented at the 41st Thailand international auto show, which will be held in November.

China NEV retail at 130,000 in Jul 1-7, up 3% from same period last month

China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.

China NEV sales back above 1 million in Jun, CAAM data show

China sold 612,000 BEVs and a record 436,000 PHEVs in June.

SAIC-GM-Wuling launches Binguo EV in Thailand, prices start at $11,510

The Binguo EV is now available in four variants in China with a starting price of RMB 56,800 ($7,810).

China's NEV ownership reaches 24.72 million by end of Jun

As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.

China NEV retail rises to 856,000 in Jun, penetration hits another record at 48.4%

Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.

Porsche recalls 17,278 imported Taycan EVs in China due to brake system defect

Due to design reasons, these vehicles may experience brake fluid leakage, which can lead to reduced braking effectiveness and longer braking distances.

China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show

China's NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date.
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