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In recent years, traditional Chinese car enterprises such as Great Wall Motor, BYD and Geely have made persistent efforts in the field of plug-in hybrid vehicles, opening up new space for the further development of new energy vehicles.
Liu Tao, co-CEO of Alibaba-backed IM Motors, said in an interview that the company is considering introducing some low-risk suppliers or simplifying complex products and processes due to the pandemic.
On August 24, Chinese firm NETA Auto held a launch event for its NETA V Right Rudder Edition car model in Thailand. This marks the official entry of NETA Auto into the Thai market.
On April 6th, Honda China announced that the cumulative sales of Honda's terminal cars in China in March 2023 were 82,041 units, a year-on-year decrease of 18.8%.
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.
On January 28, the first official working day following China's Spring Festival period, He Xiaopeng, Chairman and CEO of electric vehicle firm XPeng, issued an internal letter to all employees in which he briefly reviewed the previous year and put forward new plans for 2023.
BYD, a major Chinese EV manufacturer, unveiled a new range of electric buses for commercial use in Tokyo on Tuesday. BYD has set a sales target of 4,000 electric buses in Japan by 2030.
On August 22, Chinese automaker Great Wall Motor announced at a new energy strategy conference in Beijing that its sub-brand HAVAL will stop selling fuel-powered vehicles before 2030.
The founder of Chinese electronics giant Xiaomi, Lei Jun, has recently visited the headquarters of automaker FAW Group in northeast China's Jilin Province for in-depth talks on a vehicle-making partnership.
NIO, a leading company in the premium smart electric vehicle market, reported total revenues of 10,29 million yuan ($1,536 million) in the second quarter of 2022, representing a year-on-year increase of 21.8%.
Shenzhen-based BYD released a statement on Friday regarding the recently increased price of its Dynasty and Ocean series new energy vehicle (NEV) models, which have become more expensive by up to 7,000 yuan ($1,105).
The deal was won by Mi Space SH Limited, with a transaction price of 1.55 billion yuan. Media speculated that the move may be for the Xiaomi Auto Business R&D Center, but the firm has not responded yet.