China's State Administration for Market Regulation announced on December 16 that Mercedes-Benz (China) Automobile Sales and Beijing Benz Automobile have initiated a recall involving a total of 76,357 vehicles.
The configuration information and photos of the new NIO ES8 electric SUV appeared on December 14. According to Qin Lihong, co-founder and president of NIO, the new car will be launched on NIO Day 2022 on December 24.
At the 39th Thailand International Motor Expo, which lasted for 13 days, Chinese brand BYD unveiled seven models. On December 12, the closing day of the auto show, the BYD APP was officially launched in the country.
Chinese electric vehicle maker XPeng plans to launch three new models in 2023, namely, the modified version of the hot-selling model P7, an SUV model with internal code F30, and an MPV model with internal code H93.
Chinese vehicle manufacturer Geely Automobile announced through the Hong Kong Stock Exchange on December 13 that its subsidiary Zeekr, a premium electric car brand, has submitted a draft registration statement for a possible IPO to the US SEC on a confidential basis.
Enovate, a Chinese new energy vehicle manufacturer that has struggled in its home market recently, announced the establishment of a joint venture with Saudi Arabia's Sumou Holding on December 12.
Qin Lihong, co-founder and president of NIO, said at a media communication meeting held on December 12 that NIO had an advantage in the sales volume of high-end electric vehicles worth over 400,000 yuan ($57,348) in China in November.
BYD's Ocean Series five-seat hybrid SUV "Frigate" model was launched on December 9. The new car comes in six options with five colors, and the price is 202,800 - 289,800 yuan ($29,077 - $41,551) after reducing subsidies.
In order to achieve faster and long-term development, various personnel changes and organizational adjustments have recently taken place at Li Auto and XPeng, two Chinese electric vehicle manufacturers.
BYD's luxury electric vehicle brand Yangwang revealed its logo on December 9, which was inspired by the "electricity" symbol in oracle bones, China's earliest writing system.
Niutron, an electric vehicle firm established by Li Yinan, the founder of Chinese electric scooter firm Niu Technologies, announced on December 7 that the firm's first EV model could not be delivered quickly, and that a full refund would be made within 48 hours to more than 24,000 consumers.
Chinese new energy vehicle company BYD announced on December 5 that the company and its partner Motorysa, a Colombian distributor, released a new Ocean series model – the pure electric "Dolphin" sedan.
WM Motor, which is still looking for new financing channels, plans to list in Hong Kong through a reverse takeover with Apollo Smart Travel, the latter of which is mainly engaged in the travel business, vehicle platform authorization and engineering service outsourcing.
Chinese new energy vehicle brand Li Auto has always positioned its car models as suitable for families. In some second-tier cities in China, however, small business owners are also becoming important consumers of Li Auto, and its cars are increasingly being used as company vehicles in this sector.
Chinese electric vehicle maker XPeng sold less than 10,000 units in both October and November, falling behind its rivals. Behind these challenges are reportedly organizational deformities.
On December 2, Chinese electric vehicle maker BYD announced that it had sold 230,427 new energy vehicles in November, up from 91,219 units a year earlier. This year's cumulative sales reached 1,628,297 vehicles, a year-on-year growth of 219.38%.
QCraft, a Beijing-based provider of autonomous driving solutions, announced on December 2 its completion of a B1 round of financing worth several hundred million yuan.
