Newrizon was founded in September 2020 by former NIO senior vice president Huang Chendong.
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Newrizon was founded in September 2020 by former NIO senior vice president Huang Chendong.
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The Nissan Ariva was officially launched in China on September 27, 2022, and Nissan said at the time that it was the first global model under its Nissan Next strategy.
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BEVs contributed 86.47 percent of the 17.1 billion kilometers driven by NEVs in China in January, and PHEVs contributed 13.48 percent.
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Chinese Academy of Sciences academician Ouyang Minggao said he expects the price of lithium carbonate in China to drop to between RMB 350,000 yuan ($50,890) and 400,000 yuan per ton in the second half of this year.
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Much of this is likely due to a low base caused by last year's Chinese New Year holiday.
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The upcoming Auto Shanghai 2023 will be the first major auto show in China after the lifting of Covid controls.
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The HiPhi Y will be priced in the RMB 400,000-500,000 range and will be the least expensive of Human Horizons' models, previous reports have implied.
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Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the low teens.
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China's auto industry is facing big challenges in the first quarter and still needs policy support, the CAAM said.
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Hesai's US IPO raised about $190 million, making it the largest IPO of a Chinese company in the US in the past 18 months.
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