Smart and Sustainable Electric Mobility
Mercedes announces its 14 billion RMB investment in China to expand its local production lineup. They will release three new models in 2025.
The post Mercedes commits to China with a 2 billion USD investment to compete with local rivals appeared first on CarNewsChina.com.
Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.
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Dongfeng Motor's premium electric off-road brand, M-Hero, has plugged into Nio's charging network, becoming the 12th brand to do so.
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CATL and BYD continue to hold the top two spots as the world's largest battery makers in January-July, with several other Chinese companies in the top 10.
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BYD was the third best-selling brand in the world in July after Toyota and Volkswagen. However it only has 8th place for the year.
The post BYD was third best-selling brand in the world in July this year appeared first on CarNewsChina.com.
BYD has shared a 25-second video on Weibo showing some of the exterior details of the Sealion 05 DM-i.
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Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.
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MG Cyber GTS may be the first car from SAIC to feature a solid state battery. Brand claims batteries will debut in a model next year.
The post MG will launch an EV with a solid-state battery in the first half of 2025, claims SAIC appeared first on CarNewsChina.com.
That's about six months after the Han sedan's last update, as BYD accelerates the rollout of new products and updates to existing models.
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China's retail sales of NEVs were a record 1.015 million units in August, with penetration rising to a record 53.14 percent, preliminary CPCA data showed.
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