Category: Industry News

CPCA expects China’s May NEV retail at 770,000, penetration at record 46.6%

China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said.

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Xiaomi EV plans to start double-shift production in Jun, report says

Xiaomi EV plans to increase its daily production time from 8 hours to 16 hours starting in June, with monthly production capacity expected to rise to nearly 20,000 units, according to local media.

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IM Motors launches new electric sedan IM L6, starting at $30,400 with semi-solid-state battery option

Deliveries of the regular variants of the IM L6 will begin at the end of May, while deliveries of the variant with semi-solid-state batteries are expected to begin in October.

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