
Lordstown stalls on Endurance electric truck

Authorities in Hubei province have joined forces with local automakers this month to offer subsidies for car purchases of up to RMB 90,000 yuan ($13,000) for some models.
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China's new energy passenger vehicle penetration at retail in February was 32.1 percent, up 6.4 percentage points from 25.7 percent in January.
The post China's Feb retail sales of passenger NEVs up 32% from Jan to 438,000, preliminary CPCA data show appeared first on CnEVPost.
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Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.
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Toyota announced a direct price reduction of 2,800 USD, bringing the actual cost down from 24,400 USD to 28,800 USD.
The post Toyota bZ3 was discounted by 2,800 USD on the first day of sales in China appeared first on CarNewsChina.com.