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Industry dynamics
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Industry dynamics
China's NEV purchase tax incentive, set to expire at year-end, expected to continue
1970-01-01
A senior Chinese official said support policies, including the renewal of the purchase tax incentive for NEVs, need to b...
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Xpeng in spotlight for superstitious event at dealer store
1970-01-01
A group of Taoist priests appear to be holding an event in front of an Xpeng offline store, prompting many to question w...
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Nio's William Li responds to phone-making rumors, says project in research phase
1970-01-01
Nio's customers want to see a phone that connects better with cars, which has prompted the company to study the ind...
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Tesla's Shanghai plant sees first vehicle exports since resuming production
1970-01-01
The Glovis Splendor vehicle carrier with 4,767 Tesla vehicles departed from Shanghai's Nangang terminal to the Port...
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Nio's mass-market brand has a planned annual capacity of 500,000 units, CEO says
1970-01-01
Nio's mass-market sub-brands will be priced in the RMB 200,000 range, and they will compete with Tesla's Model...
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Taiwanese star Jimmy Lin injured in Tesla crash
1970-01-01
Lin was driving a Model X Long Range carrying his son when he unexpectedly lost control of the car and crashed into a ro...
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BYD confirms plans to launch premium brand by year-end, first model priced at over RMB 1 million
1970-01-01
The premium brand is tentatively scheduled to be launched at the end of this year, when the first hardcore off-road mode...
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Leapmotor prices Hong Kong IPO at low end, raises $770 million
1970-01-01
Leapmotor's Hong Kong offering was under-subscribed and its international offering was about 2.33 times oversubscri...
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Mercedes-Benz slashes EQ series prices in China by up to $33,740
1970-01-01
Despite the steep price cuts, industry watchers remain pessimistic about the performance of the Mercedes-Benz EQ series ...
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Baidu plans to put 200 additional driverless vehicles into operation in 2023
1970-01-01
Baidu's self-driving unit Apollo plans to put 200 fully driverless vehicles into operation in China in 2023 to crea...
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