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With its advantages in automobile manufacturing and preferential tariff policies, Thailand is emerging as an important destination for China's new energy vehicle makers to begin exploring international markets.
In October this year, an individual paid a deposit of 5,000 yuan for a Xpeng P7 and signed a purchase agreement with the store. However, when the car was delivered in November, he was asked to pay an extra 7,000 yuan.
China's auto market experienced challenges in October. Tesla's late October price reduction in China raised questions regarding whether or not there will be price reductions by other new energy vehicle enterprises in the country.
Founder and chairman of WM Motor is reported to have flown to New York on October 16, leaving 40 billion yuan worth of debt behind.
Autonomous driving startup TuSimple has reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
Cui Dongshu, Secretary General of the China Passenger Car Association, issued a post on Saturday claiming that in 2022, the country's new energy passenger cars accounted for 57% of the global market, due mainly to strong domestic demand.
BYD, a leading Chinese manufacturer of new energy vehicles, announced on September 28 that it has entered into a cooperation with Bustami & Saheb Trading Company (BSTC), Jordan's leading car dealership group.
In the statement, the owners hope that Zeekr can give explanations, claiming that they "do not accept misleading consumption, do not recognize the blue skylight, and are not satisfied with Zeekr's turning a blind eye."
On September 25, the 2024 XPeng P5 car was officially launched with a total of 2 models available.
Electric vehicle firm Leapmotor submitted an application for a public listing to the HKEx on Thursday, with China International Capital Corporation (CICC), Citi, JPMorgan Chase and CCB International serving as co-sponsors.
Recent pictures of a motorcycle being tested by personnel working for BYD have been circulating around Chinese news outlets. BYD has confirmed that it is developing motorcycles in partnership with another company.
Yang Hongxin, Chairman and CEO of Changzhou-based battery firm SVOLT, revealed on September 1 that JiDU, XPeng and other brands will use SVOLT's short blade battery in their products.