Tesla had approached Ottawa to lower tariffs on its vehicles ahead of Canada's announcement this week of a 100 percent tariff on China-made EVs, according to Reuters.
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Category: China
Xpeng Mona M03 can make a profit despite low price, and more details on Max’s smart driving
On August 27, Xpeng officially launched its Mona M03 EV. What surprised many was how low the starting price was for the new model, ranging from 119,800 to 155,800 yuan (16,800 – 21,850 USD). This has led many people to question how Xpeng will make a profit from such a car. Following the launch, more […]
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China’s Xpeng prices its first budget EV from $16,813
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Permalink | Email this | CommentsGreat Power displays all-solid state battery with 280Wh/kg and claims mass production in 2026
Great Power has unveiled its all-solid state battery which uses an oxide route process. Company claims it will be mass produced in 2026.
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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.
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Forthing Xinghai S7 electric sedan, which is really a hatchback, opens pre-sales
Forthing Xinghai EV opens pre-sales. Car will launch in September. It's the second car in the Xinghai range and will be joined by a third in 2024.
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Huawei’s Aito M7 Pro received 6,000 orders in 48 Hours after launch
The Aito M7 Pro, launched on August 26, received over 6,000 orders within 48 hours. Priced between 35,100 to 40,700 USD, it features a vision-based driving system and five- or six-seater options. Deliveries began on August 27, with a goal of 10,000 units in the first month.
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BYD sees Q2 net income double from Q1, gross margin slips
BYD's net income in the second quarter was up 98.36 percent from the first quarter, while gross margin was 18.69 percent, down 3.19 percentage points from the first quarter.
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China Aug EV sales preview: Deutsche Bank expects Nio at 20,000, Tesla 65,000, BYD 370,000
Nio's retail sales in August are estimated at around 20,000 units, flat year-on-year and flat sequentially, Deutsche Bank said.
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Li Auto’s net income recovers in Q2 while gross margin slips further
Li Auto's net income rose 86.24 percent in the second quarter from the first quarter, while gross margins slipped to 19.5 percent.
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