Market & Industry
China NEV insurance registrations in Feb.: Tesla outperforms totals of Chinese startups
China NEV insurance registrations in Feb.: Tesla outperforms totals of Chinese startups

Tesla was streets ahead of Chinese startups in terms of monthly insurance registrations.

Mar. 29 , 2021
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan
SAIC Volkswagen’s MEB-based ID.4 X hits market with price starting at 199,900 yuan

SAIC Volkswagen’s fire new full-electric SUV ID.4 X formally hit the market on March 25. Coming with six variants in total, the new model is priced between 199,900 yuan ($30,567) and 272,900 yuan ($41,730) after subsidies.

Mar. 26 , 2021
NIO to suspend car production for 5 workdays due to semiconductor shortage
NIO to suspend car production for 5 workdays due to semiconductor shortage

Chinese EV startup NIO announced on March 26 that it decided to suspend the vehicle production in the Hefei-based JAC-NIO manufacturing plant for five workings days from March 29, 2021 because of the shortage of semicondutors.

Mar. 26 , 2021
NIO completes 2 million battery swaps
NIO completes 2 million battery swaps

On March 24th, NIO offered its 2 millionth battery swaps at a battery swapping station in Suzhou, the startup announced via its WeChat account.

Mar. 24 , 2021
Tesla raises prices of China-built Model Y by 8,000 yuan
Tesla raises prices of China-built Model Y by 8,000 yuan

Prices of the China-built Model Y’s entire series have been raised by 8,000 yuan ($1,226) to 347,900 yuan ($53,312)-377,900 yuan ($57,910), Grace Tao, Tesla’s vice president of external affairs, said on Mar. 24 via her Weibo account.

Mar. 24 , 2021
Geely announces premium EV brand Zeekr
Geely announces premium EV brand Zeekr

Geely Auto Group (Geely Auto) announced on Tuesday the foudnation of Zeekr Company Limited, a new electric mobility technology and solution company located in China that will meet the growing demands for premium electric vehicles (EVs).

Mar. 23 , 2021