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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
Baidu’s first EV model developed with Geely expected to be launched no later than 2024
Baidu’s first EV model developed with Geely expected to be launched no later than 2024

The first vehicle jointly developed by Baidu and Geely is expected to be rolled out no later than the year of 2024, Robin Li, chairman and CEO of Baidu, told a media outlet earlier this week.

Mar. 24 , 2021
Great Wall Motor to spin off TANK series into standalone brand
Great Wall Motor to spin off TANK series into standalone brand

Great Wall Motor (GWM) is about to separate the TANK series from its premium SUV brand WEY, aiming to develop TANK as a standalone off-road vehicle marque, Wei Jianjun, chairman of GWM.

Mar. 22 , 2021
China homegrown PV retail sales in March likely to shoot up 66% YoY
China homegrown PV retail sales in March likely to shoot up 66% YoY

Retail sales of China’s locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach roughly 1.74 million units in March, soaring 66% year on year and leaping 47.5% month on month, according to the China Passenger Car Association.

Mar. 22 , 2021
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’

SAIC Motor launched on March 18 the all-new technology brand “R-TECH” to serve the vehicles under the R brand, the group’s high-end all-electric passenger vehicle marque.

Mar. 19 , 2021