The overseas version of the Hyper SSR rolled off the production line on August 1, and the supercar is expected to begin deliveries in Southeast Asia later this month.
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Category: Industry News
US delays start of new tariffs on imports from China including EVs
The USTR expects its final ruling to be issued in August, and the new tariffs, which had been planned to take effect on August 1, will go into effect about two weeks after the publication of the final determination.
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China NEV retail at 722,000 in Jul 1-28, down 5% from same period last month
China's retail penetration of NEVs stood at 51.86 percent in the July 1-28 period, and 43.05 percent year-to-date.
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CPCA expects China’s Jul NEV retail at 860,000, penetration to rise further to 49.7%
China's passenger car retail sales fell in July from June, but the NEV market was bolstered by fast-growing sales of hybrid models, the CPCA said.
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Honda to cut gas car capacity in China, 2 EV plants to start production within this year
Honda will reduce its gasoline vehicle production capacity in China by 290,000 units and expects two new EV plants to start production in September and November, respectively.
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Changan’s NEV unit Deepal launches global model S07, starting at $20,730 in China
The Deepal S07 SUV, available in EREV and BEV variants, replaces the S7 to better align with the company's global strategy.
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Low-priced NEVs to benefit most from higher trade-in subsidies in China, says Deutsche Bank
BYD and Leapmotor will benefit the most, followed by Xpeng, Geely Auto, Changan, Great Wall Motor and GAC due to their relatively large exposure to low-priced vehicles, said Deutsche Bank.
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China doubles subsidies to encourage consumers to replace old cars
Consumers can get a RMB 20,000 subsidy for scrapping an old car and buying an NEV, and a RMB 15,000 subsidy for buying a fuel car of 2.0 L or less, both doubled from previous levels.
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China NEV retail at 461,000 in Jul 1-21, down 2% from same period last month
China's retail penetration of NEVs stood at 49.35 percent in the July 1-21 period, and 42.45 percent year-to-date.
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Lexus seeks to build wholly-owned plant in China, starting with production of UX hybrid and 1 BEV, report says
The models will be sold in China and also to overseas markets such as Japan, according to local media.
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