
NIO to Launch Two Sub-Brands by End of Next Year
Chinese new energy vehicle maker NIO recently revealed its plans for future products.
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Chinese new energy vehicle maker NIO recently revealed its plans for future products.

New data released Monday by the China Passenger Car Association (CPCA) showed that in January this year, the retail volume of domestic passenger cars was 2.092 million units, down 4.4% year-on-year.

Vehicle component maker Luxshare Precision announced on February 11 that it has signed a strategic cooperation framework agreement with Chery Group.

The Guangzhou Development and Reform Commission issued the "14th Five-Year Plan" document on Wednesday, designed for the innovation and development of intelligent and new energy vehicles.

China's leading carmaker Great Wall Motors has completed its product planning stage for hydrogen fuel-cell passenger cars and plans to launch them under an independent high-end brand.

AITO, an electric vehicle brand jointly created by Huawei and Seres, a brand of local automaker Chongqing Sokon, launched its new SUV, the AITO M7 on July 4.

The construction for Audi FAW New Energy Vehicle Co., Ltd. will start in Changchun, Jilin Province, at the end of June, aimed at becoming a key milestone in Audi's electrification strategy in China.

Li Xiang, CEO of Chinese car manufacturer Li Auto, said on Saturday that the official release date of the L9 model will be June 21.

Since November this year, some car owners have reported that the computer chips loaded in Great Wall Motor's electric vehicle (EV) brand Ora are not consistent with official advertisements.

Chinese automaker Geely officially released a new car brand named RADAR on the evening of July 12, while the first pickup truck based on SEA architecture, the RD6, made its debut.

Li Shufu, Chairman of Zhejiang Geely Holding Group, said on Thursday that Farizon Auto, a new energy brand under Geely New Energy Commercial Vehicles Group (GCV), will produce a concept truck this year.

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%.