Smart and Sustainable Electric Mobility
Geely and BYD argue over who has the most efficient engine plus other question marks over BYD's 5th generation PHEV technology.
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Volkswagen on Tuesday announced a goal of launching an EV priced at 20,000 euros—equivalent to $22,000 at current exchange rates—in 2027. This affordable EV is aimed at the European market, with a high degree of manufacturing and supply-chain localization entailed in the project, VW said in a press release. This will allow for shorter... China's retail penetration of NEVs stood at 47.51 percent in May 1-26, and 39.93 percent year-to-date.
The post China NEV retail at 574,000 in May 1-26, up 2% from same period last month appeared first on CnEVPost.
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“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said.
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Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily.
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