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Car News
MG4 EV XPOWER Edition Officially Launched And Sold For 139,800 Yuan
2023-09-12
Car News
On September 7th, we learned from the official that the MG4 EV XPOWER was officially launched, priced at 13,9800 yuan. This car is not a single market model that is only aimed at the Chinese market. The overall design of the car is developed by SAIC Group’s teams in China…
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The Geely Galaxy L6 Commences Mass Production as the First Car Rolls Off the Production Line
2023-09-11
Car News
Geely has commenced mass production of its Galaxy L6, the second model in the Galaxy series, with an official market entry date set for September 16th. The Galaxy L6 is a plug-in hybrid (PHEV) sedan available in four versions: 60km AIR, 60km PLUS, 125km MAX, and 125km. Prices range from…
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Chinese EV Battery Manufacturer Gotion to Construct a $2 Billion Plant in Illinois, with Production Set to Commence in 2024
2023-09-11
Car News
Gotion High-tech, a Chinese power battery company backed by Volkswagen, is set to build an electric vehicle (EV) battery production facility in the United States. The $2 billion gigafactory is located in Illinois and is expected to commence production in 2024. This facility will focus on the production of lithium-ion…
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Xpeng Plans to Gradually Replace Direct Stores with Dealers, According to a Report
2023-09-11
Car News
The electric vehicle (EV) industry is witnessing a shift towards downsizing the number of directly operated stores and increasing the reliance on dealer stores. Both Xpeng (NYSE: XPEV) and Zeekr, subsidiaries of Geely Holding Group, are part of this industry trend, according to local media reports. Xpeng is reported to…
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Nio Confirms the Launch of the New EC6 on September 15 and Is Already Accepting Pre-Orders
2023-09-11
Car News
Nio (NYSE: NIO) has officially confirmed the launch of its new EC6 model, a smart electric coupe SUV, with an event scheduled for September 15, starting at 8 pm Beijing time. Interested customers have the option to pre-order the EC6 by making a payment of RMB 5,000. This announcement from…
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Top-Selling Car Brands in China in August 2023 – BYD Takes the Lead, VW Follows, Toyota in Third Place
2023-09-09
Car News
In August 2023, the Chinese automobile market continued its robust performance, registering the sale of 1.920 million new cars, as the China Passenger Car Association (CPCA) reported. This figure represents a 2.5% increase compared to the previous month, highlighting the resilience and growth of the industry. Notably, the market witnessed…
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