EV
China’s Kaixin Auto to buy out manufacturer of POCCO electric vehicles
China’s Kaixin Auto to buy out manufacturer of POCCO electric vehicles

The Nasdaq-listed Chinese car dealer Kaixin Auto Holdings announced on Sept. 26 that it has inked a binding acquisition term sheet with Wuxi Morning Star Technology Co., Ltd.

Sep. 27 , 2022
Toyota Motor to launch 111 MIRAI FCVs into China pilot operation
Toyota Motor to launch 111 MIRAI FCVs into China pilot operation

Toyota Motor plans to roll out over 100 fuel cell vehicles (FCV) at one go to boost its FCV deployment in China.

Sep. 26 , 2022
China extends NEV purchase tax exemption to end of 2023
China extends NEV purchase tax exemption to end of 2023

China has extended the exemption of purchase taxes on NEVs by another year to the end of 2023, as part of measures to boost auto sales and the NEV industry development, according to a notice today jointly issued by China's MIIT.

Sep. 26 , 2022
XPeng adjusts G9’s configurations within two days since model launch
XPeng adjusts G9’s configurations within two days since model launch

XPeng today announced adjustments on the names and configurations of the XPeng G9’s trim levels, fewer than 48 hours after the flagship SUV hitting the market.

Sep. 23 , 2022
Car and City: Li Auto posts YoY, MoM drop in Aug. 2022 registrations
Car and City: Li Auto posts YoY, MoM drop in Aug. 2022 registrations

In August 2022, Chinese NEV startup Li Auto recorded monthly registrations of 4,713 units, including 4,339 Li ONEs and 374 Li L9s, according to the data compiled by Gasgoo Auto Research Institute.

Sep. 22 , 2022
Li Auto to launch Li L8 six-seater SUV on Sept. 30, Li L7 to be delivered from Q1 2023
Li Auto to launch Li L8 six-seater SUV on Sept. 30, Li L7 to be delivered from Q1 2023

The new-generation Li ONE, namely the Li L8, will be officially launched on September 30 with its prices unveiled at the same time, Li Auto announced on Sept. 30.

Sep. 22 , 2022