China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.
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China's NEV retail penetration was 49.48 percent in July 1-14, and 42.23 percent year-to-date.
For details, please visit CnEVPost.
Nio will reduce discounts by RMB 3,000 for the ET5 and ET5 Touring and RMB 5,000 for the ES6 and EC6 on July 22, according to local media.
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BMW was the first to withdraw from the price war in China's car market, scaling back incentives, with Mercedes-Benz and Audi following suit.
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GAC Aion's Thailand plant has an annual capacity of 50,000 units in the first phase and will be expanded to 100,000 units in the future.
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Previously, 90 percent of Avatr's stores have been converted from directly-managed stores to dealerships, with only a few directly-managed stores remaining in a few cities.
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Li Auto recently set up an end-to-end large model autonomous driving team of slightly over 200 people, according to local media.
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To date, brands under the Huawei HIMA umbrella include Aito, Luxeed, and Stelato, which delivered a total of 46,141 vehicles in June.
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