China's retail penetration of NEVs was 38.9 percent in the October 1-22 period.
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Category: Industry News
Premium Chinese EV brand HiPhi reportedly making massive layoffs
Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions.
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Canalys expects China’s auto exports to reach 5.4 million in 2023, NEVs to contribute 40%
MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.
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Nio ES8 becomes designated car for G20 Entrepreneurship Roundtable
In addition to the ES8, the Nio ET7 will also be used as the designated vehicle for another major event to be held next month.
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BeyonCa, EV brand founded by former VW executive Weiming Soh, signs deal with Saudi investor
BeyonCa has signed separate agreements with a Saudi investor and a Middle Eastern distributor.
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Buick adds new version to Electra E5 in China: Removes some features, lowers price by $5,330
Buick is responding to increasing competition in a way that's common for local automakers -- lowering the price of its cars by removing some comfort features.
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Changan signs deal to build NEV plant in Thailand
The Thailand Board of Investment has issued an investment certificate to Changan, which will invest around $240 million in a NEV production plant in Thailand.
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China’s NEV retail in Oct 1-15 at 294,000, up 8% from same period last month
So far this year, China's passenger NEV retail sales amounted to 5,482,000 units, up 34 percent year-on-year.
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Anhui aims to add about 400% more public chargers in 4 years
Anhui aims to have more than 500,000 public charging piles and 500 battery swap stations by 2027, which will meet the charging needs of 1 million NEVs.
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HiPhi launches new variant of HiPhi Z with starting price reduced by $13,700
HiPhi has eliminated some premium features on the new variant of the HiPhi Z, thereby bringing down the starting price significantly.
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