Honda launched the Ye brand in China on April 16, saying it would launch the Ye S7 and Ye P7 at the end of this year and mass-produce the Ye GT in 2025.
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Honda launched the Ye brand in China on April 16, saying it would launch the Ye S7 and Ye P7 at the end of this year and mass-produce the Ye GT in 2025.
For details, please visit CnEVPost.
A total of 11.5 million units means that China's NEV sales will exceed the 10 million mark for the first time in 2024, representing a growth rate of 22 percent.
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Chinese automakers are taking center stage and setting new benchmarks for an industry historically steered by the West, Japan, and South Korea, AlixPartners said.
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The MG Cyber GTS concept is about to debut at the Goodwood Festival of Speed 2024 in the UK on July 11, an SAIC executive said.
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In the meantime, Xpeng, one of the first EV makers to use LiDARs, will ditch the component on its upcoming new model, the P7+.
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Radar's products will operate in Thailand under the new brand name Riddara and will be presented at the 41st Thailand international auto show, which will be held in November.
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China's NEV retail penetration stood at 47.44 percent in July 1-7, and 41.95 percent year-to-date.
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China sold 612,000 BEVs and a record 436,000 PHEVs in June.
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The Binguo EV is now available in four variants in China with a starting price of RMB 56,800 ($7,810).
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As of the end of June 2024, China's BEV ownership amounted to 18.134 million vehicles, accounting for 73.35 percent of the total NEVs.
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