Audi-FAW EV venture’s plant goes into production
The production site is Audi's first in China to focus exclusively on purely electric models and will start with the Audi Q6L e-tron series.
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
Chery’s new iCar brand launches 2nd EV model iCar V23 with starting price of $13,700
The iCar V23 is iCar's second model, after the iCar 03, and is aimed at fashion-conscious young people.
China NEV retail at 255,000 in Dec 1-8, up 3% from same period last month
China's retail sales of all passenger vehicles in December 1-8 were 502,000 units, up 11 percent from the same period last month.
Jiyue reshuffles team as operation faces difficulties
Jiyue CEO unveiled 4 priorities, including merging positions and cutting projects that won't improve financial performance in the short term.
China NEV sales at 1.51 million in Nov, 3rd consecutive record month, CAAM data show
Domestic NEV sales in November reached a record high for the third consecutive month at 1,429,000 units, according to data from the CAAM.
China NEV retail hits new record high in Nov, while penetration declines further
Retail sales of NEVs in China exceeded 1 million for the fourth consecutive month in November, although penetration declined sequentially for…
China NEV retail at 1.28 million in Nov, up 7% from Oct, preliminary CPCA data show
China's retail penetration of NEVs was 52.2 percent in November and 47.36 percent year-to-date.
China Nov NEV wholesale at record 1.46 million, CPCA estimates show
This is the fifth time that China's monthly NEV wholesale sales have exceeded 1 million units.
Avatr launches updated Avatr 11 SUV, adds hybrid variants on top of BEVs
The updated Avatr 11 is Avatr's second model after the Avatr 07 SUV to offer both BEV and EREV options, with a starting price of RMB 279,900…