News
Li Auto August deliveries slump, to launch L8 in November
Li Auto August deliveries slump, to launch L8 in November

Li Auto saw its monthly deliveries more than halved in August, and announced it will launch the Li L8 in early November with deliveries to commence in the same month.

Sep. 1 , 2022
SAIC-backed IM Motors delivers 1,007 IM L7s in August
SAIC-backed IM Motors delivers 1,007 IM L7s in August

IM Motors announced on Thursday the deliveries of its first production model, the IM L7, reached 1,007 units last month, jumping 23.4% MoM.

Sep. 1 , 2022
HOZON Auto sees Aug. deliveries zoom up 142% YoY
HOZON Auto sees Aug. deliveries zoom up 142% YoY

HOZON Auto, the Chinese startup owning the new energy vehicle (NEV) brand NETA, today announced a 142% year-on-year robust leap in its Aug. 2022 deliveries, which stood at 16,017 units.

Sep. 1 , 2022
China's vehicle inventory alert index in Aug. 2022 rises 3 percentage points YoY
China's vehicle inventory alert index in Aug. 2022 rises 3 percentage points YoY

China's vehicle inventory alert index ("VIA"), which reflects the inventory pressure on automobile dealers, rose 3 percentage points year on year in August 2022, according to the China Automobile Dealers Association (CADA).

Sep. 1 , 2022
Gasgoo Daily: lead-time of locally-made Tesla Model Y RWD shortened to 1-4 weeks in China
Gasgoo Daily: lead-time of locally-made Tesla Model Y RWD shortened to 1-4 weeks in China

According to the updated information on Tesla China's official website, the lead-time of the Shanghai-made Tesla Model Y RWD version has been reduced to 1-4 weeks from the previous 4-8 weeks.

Aug. 31 , 2022
Huawei’s Petal Mobility reportedly in talks with T3 Go for business expansion
Huawei’s Petal Mobility reportedly in talks with T3 Go for business expansion

Chinese ICT giant Huawei is planning business expansion for its Petal Mobility ride-hailing service platform, a local media outlet reported today, citing people with knowledge of the plan.

Aug. 31 , 2022