Smart and Sustainable Electric Mobility
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Continue reading GM puts profit ahead of growth, veering away from Tesla
GM puts profit ahead of growth, veering away from Tesla originally appeared on Autoblog on Tue, 25 Jul 2023 08:15:00 EDT. Please see our terms for use of feeds.
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In June, NEV penetration rate was 58.8 percent for China's local car brands, 30.9 percent for luxury brands and just 3.7 percent for mainstream joint venture brands.
The post Toyota's JV with GAC cuts about 1,000 jobs as Japanese carmakers fall behind in China's EV sector appeared first on CnEVPost.
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China contributed 22.99 percent of Tesla's revenue in the second quarter, up from 20.97 percent in the first quarter and up from 22.36 percent in the same period last year.
The post Tesla's revenue from China up 51% YoY to $5.7 billion in Q2 appeared first on CnEVPost.
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In early July, Volkswagen lowered the price of ID.3 in China to 16,800 USD to cope with the sales decline.
The post Volkswagen ID. Series 2023 H1 sold 48,147 units in China, down 19% YoY. appeared first on CarNewsChina.com.
The first Alps car from Nio is reportedly an SUV with a single electric motor, a 90-kWh swappable battery and a starting price of 28,000 USD.
The post The first car of Nio’s Alps brand will be SUV, according to the report appeared first on CarNewsChina.com.
Between July 1 and July 23, Nio sold 12,700 vehicles, Li Auto 24,600 and Xpeng 6,100 units.
The post China EV insurance registrations for week ending Jul 23: Tesla 7,700, Li Auto 7,800, Nio 4,700, Xpeng 2,600 appeared first on CnEVPost.
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The NDRC listened to the opinions of private entrepreneurs on the current economic situation.
The post China's economic planner NDRC meets with 6 private firms including Nio appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The Zeekr CS1E will debut in China in August with 544 hp, three LiDARs and distinguishing Zeekr design language.
The post Zeekr CS1E from Geely was spotted in China with 3 LiDAR sensors. To debut in August appeared first on CarNewsChina.com.
