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Faced with rising EU tariffs, Chinese automakers are swiftly pivoting to a new strategy for Europe: localized production through asset-light partnerships. This ...
On April 18th, the 20th Shanghai International Automobile Industry Exhibition officially opened. BYD debuted multiple models including: YangWang U8, Song L concept SUV and BYD Seagull.
On the 5th of the month, Sun Fengchun, a member of the Chinese Academy of Engineering and professor at Beijing Institute of Technology, stated that as of June 4th, China's new energy vehicles has exceeded 15 million units, with a current global penetration rate of about 13.9%.
Chinese search engine and AI company Baidu Inc has completed the registration of a new electric vehicle (EV) company, officially signaling a kick-off of its new venture with automaker Geely.
On April 6th, BYD officially announced the launch of its 2023 e2 model. There are two models available: Comfort and Luxury, priced at ¥102,800 (about $15,000) and ¥109,800 (about $16,000), respectively.
On April 17th, it was announced on the official WeChat account of Wuling Motors that Wuling Bingo models have won the first batch of overseas orders.
On May 6th, Li Auto released a report on May Day travel. The total mileage of its vehicles reached 144 million kilometers, including 72.29 million kilometers driven by fuel, which increased by 147% compared to normal days and increased by 372% from last year's May Day.
Even if fuel cell vehicles never catch up with battery-based alternatives, they still just might find a few wide-open lanes.
China’s new energy vehicle (NEV) market is poised for a boom over the next five years. IDC predicts that sales of NEVs in 2020 will reach 1.16 million units, and will continue to grow rapidly in the next two years.
NETA, which was introduced overseas one year ago, has now been officially established and launched in Indonesia at the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition.
Recently, the official Weibo account of BYD released the sales figures for different models in April, including the BYD Song PLUS series, DENZA, as well as the BYD Dynasty and Ocean series.
According to the China Association of Automotive Manufacturers (CAAM), BYD and Tesla saw the most remarkable annual SUV sales growth rates from January to April of 2022.