SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth.
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Category: China
Nio reportedly offering up to $5,560 off current models
There's no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March.
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BYD to stop producing pouch batteries for its PHEVs over leak concerns, report says
BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters.
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Xiaomi EV likely to be a disruptor, says Morgan Stanley
Xiaomi's EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said.
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Zeekr-Waymo robotaxi M-Vision spotted testing in China ahead of US launch
Zeekr CM2E will start mass production later in 2024 and be supplied to Waymo.
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SAIC Group targets 1.35 million overseas sales in 2024, high-end brands Zhiji and Feifan to expand globally
SAIC Group sets ambitious overseas goals with a diverse lineup, including 14 new energy vehicles and expansion of high-end brands Zhiji and Feifan.
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Nio announced it will deliver 2024 models starting in March
NIO announced the delivery of its 2024 model lineup starting in March, featuring enhanced intelligent hardware across all eight models and significant system upgrades to improve user experience and safety.
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Lynk & Co 07 EM-P revealed in official images with over 400 kW
Lynk & Co 07 EM-P is a new plug-in hybrid sedan from Geely and Volvo. It reportedly has over 400 kW.
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Beijing Hyundai sold Chongqing factory for 226 million USD, less than half of its initial listing price
Initially, Beijing Hyundai hoped to sell the factory for 513 million USD, but no one showed interest, so it had to lower the price.
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Nio’s Alps sub-brand’s models to ditch LiDAR and adopt 1 Orin chip, report says
Alps will use a pure vision solution similar to Tesla's on its smart driving system to cut costs, according to local media.
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