Smart and Sustainable Electric Mobility
Model Y retail sales in China in November were up 89.26 percent from October, and Model 3 was up 587.51 percent.
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The joint venture, Carizon, is headquartered in Beijing and plans to recruit more than 300 experts by the end of 2023.
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The Zeekr 007 went on pre-sale on November 17 with a starting price of RMB 229,900 yuan.
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BEVs sold a record 552,000 units at retail in November, accounting for 65.6 percent of all NEV retail sales.
The post China NEV retail hits record 841,000 in Nov, penetration exceeds 40% for 1st time, CPCA data show appeared first on CnEVPost.
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China's passenger NEV penetration at retail stood at 38 percent in November, up from 37.8 percent in October.
The post China's NEV retail sales up 2% MoM to 783,000 in Nov, preliminary CPCA data show appeared first on CnEVPost.
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CATL's share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent.
The post Global EV battery market share in Jan-Oct: CATL 36.9%, BYD 15.8% appeared first on CnEVPost.
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Li Auto is offering preferential loan rates to customers who buy its models before the end of the year, a rare public promotional move by the company in the past few years.
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The proposal is based on Wang Chuanfu's confidence in China's NEV industry and the company's prospects, as well as his recognition of BYD's value to boost investor confidence, BYD said.
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Luxeed launched its first model, the Luxeed S7, on November 28 as a direct competitor to the Tesla Model 3.
The post Huawei-backed Luxeed to launch 2nd model in H2 2024 to take on Tesla Model Y, report says appeared first on CnEVPost.
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GAC Aion has entered the Cambodian automotive market in partnership with a local dealer, its second international market entry after Thailand.
The post GAC Aion enters Cambodian auto market with launch of Aion Y Plus appeared first on CnEVPost.
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