New energy vehicle Archives

From August 1st to 6th, the Retail Sales of New Energy Vehicles Reached 88,000 units

From August 1st to 6th, the retail sales of new energy vehicles reached 88,000 units, an increase of 38% compared to the same period last year.

NIO to Launch Two Sub-Brands by End of Next Year

Chinese new energy vehicle maker NIO recently revealed its plans for future products.

BYD and Other New Energy Vehicle Firms Join Price War

With the price war among Chinese fuel vehicle brands accelerating, there are signs of a price reduction trend for new energy vehicles as well.

NIO Releases Subscription Fee of the NOP Plus System

On April 10th, NIO announced that its Navigation on Pilot Plus (NOP+) system will be officially released and available for subscription starting from July 1st. It supports monthly subscriptions at a price of RMB 380 per month (about USD 55).

Honda China Sales 82,041 Cars in March

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%.

Tesla China Announces the Launch of New Product in 3 days

On March 31st, Tesla China's official public account updated an article announcing the release of a new product in three days.

Shanghai to Continue Providing Subsidies for New Energy Vehicles until End of June

According to a plan issued by the Shanghai Municipal Government on January 29, individual consumers will be given a financial subsidy of 10,000 yuan ($1,473) per vehicle when they purchase a pure electric vehicle before the end of June this year.

BYD to Release High-End Yangwang Brand on Jan 5

Yangwang, a high-end new energy vehicle brand launched by Chinese automaker BYD, announced that it will release its first car and other disruptive new technologies during a press conference scheduled for January 5.

NIO to Unveil Third-Generation Battery Swap Station on Dec 24

Chinese new energy vehicle firm NIO has announced that it will unveil its third-generation battery swap station during NIO Day 2022 on December 24.

NIO CEO William Li Apologizes for User Data Leakage

Long Lu, Chief Scientist at NIO, issued a statement on December 20 confirming the recent theft of user data and the extortion of $2.25 million in bitcoin. In the evening, William Li, the founder, chairman and CEO of the firm, apologized for the incident.

NIO’s User Data Stolen, Blackmailed For $2.25M

Some data linked to users' personal privacy of Chinese new energy vehicle maker NIO was stolen by criminal gangs. Regarding this, Long Lu, the Global Head of Digital Safety & Security at NIO, issued a statement on December 20 and confirmed the incident.

Delivery of Li Auto’s L8 and L9 Delayed, Fuel Cards Offered as Compensation

Li Auto announced on November 27 that due to a supply shortage of core auto parts, vehicles that should have been delivered at the end of November as shown in the firm's mobile app will be postponed until December.

BYD Debuts Singapore’s First Blade Battery-Powered Electric Bus at SITCE

The fourth LTA-UITP Singapore International Transport Congress and Exhibition (SITCE 2022) was held from November 2 to 4. During the event, Chinese new energy vehicle manufacturer BYD unveiled Singapore’s first Blade Battery-powered bus, the B12A03.

WeRide and Hyundai Motor to Build Demonstration Zone for Driverless Hydrogen Cars

Chinese automated driving startup WeRide reached an agreement on October 25 with HTWO, a hydrogen fuel cell system brand under Hyundai Motor, and Guangzhou Hengyun Enterprises Holding to cooperate in the field of hydrogen-powered unmanned driving.

Great Wall Motor Chairman Accelerates Layout in New Energy Fields

Compared with the heads of other Chinese auto firms, Wei Jianjun, Founder and Chairman of Great Wall Motor (GWM), tends to operate in a very low-key manner, but the new energy business map he has been developing is impressive.

October Retail Sales of New Energy Vehicles in China to Hit 550K Units

The China Passenger Car Association estimated on October 24 that retail sales of passenger cars in China this month would be about 1.91 million units, up 11.4% year-on-year, among which the retail sales of new energy vehicles would be about 550,000 units.

Evergrande Auto Subsidiary Becomes Judgment Debtor Due to Dishonest Conduct

A Shanghai subsidiary of Evergrande New Energy Vehicle Group (Evergrande Auto) recently released details about it having become a judgement debtor, as well as regarding consumption restriction orders.

Why Are German Automakers Like BMW and Volkswagen Increasing Investment in China?

European enterprises are increasing their investment in China one after another. In the field of automobile manufacturing, the increasing pace of foreign investment is more apparent.

At a Glance: China, the World’s Second-Largest Automobile Exporter

China's automobile export volume in September was 301,000 vehicles, up 73.9% year-on-year. Since August this year, the monthly export volume of Chinese automobiles has exceeded 300,000 vehicles.

Chinese Auto Brands Are Surpassing Global Firms Like BMW, Mercedes and Audi

According to data released by the China Passenger Car Association, the cumulative retail share of Chinese car brands in the first three quarters of this year was 47.0%, up 7.5% year-on-year. International luxury brands and joint ventures are now showing downward trends in China.

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