Smart and Sustainable Electric Mobility
Deepal has lowered the starting price of the SL03 BEV by RMB 7,000 and is offering customers an additional RMB 10,000 cash discount.
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BYD is looking to accelerate the replacement of traditional fuel vehicles with NEVs at lower prices, and more automakers following suit is expected to speed up the process.
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Lotus Technology plans to merge with L Catterton Asia Acquisition Corp in order to list on the Nasdaq, issuing up to 181,315,064 ordinary shares.
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Employees will be paid as usual until February 18, and after March 15 only HiPhi employees in Shanghai will receive basic pay, according to local media.
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China's NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December.
The post China's NEV retail at 668,000 in Jan, down 29.5% from Dec appeared first on CnEVPost.
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This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December.
The post China's NEV retail sales down 29% MoM to 670,000 in Jan, preliminary CPCA data show appeared first on CnEVPost.
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In January, China sold 445,000 BEVs, 46.06 percent lower than in December, and 284,000 PHEVs, 21.98 percent lower than in December.
The post China sells 729,000 NEVs in Jan, 39% lower than Dec, CAAM data show appeared first on CnEVPost.
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China's January wholesale sales of passenger NEVs are expected to be 700,000 units, up 80 percent year-on-year, but down 37 percent from December, the CPCA said.
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Great Wall Motor's first model under the ZX brand will be a premium new-energy sedan in the D+ class, with a length of around 5,500 mm, according to local media.
The post Great Wall Motor reportedly to launch new brand codenamed ZX, 1st model to be premium sedan appeared first on CnEVPost.
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Great Wall Motor has brought in talents with direct store management experience, including a former retail director at Li Auto, according to local media.
The post Great Wall Motor looking to open direct sales outlets, with initial numbers likely to be around 100 appeared first on CnEVPost.
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