EV
Leapmotor, Li Auto issue '90-day price match guarantee'
Leapmotor, Li Auto issue '90-day price match guarantee'

On March 14, Chinese new energy vehicle (NEV) startup Leapmotor issued a "90-day price guarantee" in response to the current trend of price reductions in the local automotive market.

Mar. 15 , 2023
BAIC Group, CATL sign MoU to co-develop power batteries
BAIC Group, CATL sign MoU to co-develop power batteries

On March 13, BAIC Group and CATL inked a memorandum of understanding (MoU) for the strategic cooperation on developing power batteries, according to a post on BAIC Group’s WeChat account.

Mar. 15 , 2023
HOZON Auto gets financial support from Bank of Communications’ Shanghai branch
HOZON Auto gets financial support from Bank of Communications’ Shanghai branch

HOZON Auto, the owner of the Chinese new energy vehicle brand NETA, recently signed an agreement with the Shanghai branch of Bank of Communications to conduct in-depth strategic cooperation in credit business, settlement business, etc.

Mar. 15 , 2023
China’s Chengdu city eyes annual NEV output of 250,000 units by 2025
China’s Chengdu city eyes annual NEV output of 250,000 units by 2025

Chengdu city aims to lift its annual new energy vehicle (NEV) production volume to 250,000 units and yearly NEV industry’s scale to over 150 billion yuan ($21.747 billion) by the year of 2025.

Mar. 13 , 2023
Chery Holding issues sales promotions with up to over 40,000 yuan off
Chery Holding issues sales promotions with up to over 40,000 yuan off

On March 11, Chery Holding issued a sales promotion campaign to boost its car consumption. Under the campaign, the CHERY, JETOUR, EXEED, and Chery New Energy brands will offer various subsidies and discounts to customers from March 11 to March 31, 20

Mar. 13 , 2023
Audi to start production of Audi Q6 e-tron in China in 2024
Audi to start production of Audi Q6 e-tron in China in 2024

Markus Duesmann, the Chairman of the Management Board and CEO of Audi AG, visited China for the first time on March 9-10, and celebrated the grand opening of the all-new Audi China office building in Beijing, according to official news from Audi Chin

Mar. 13 , 2023