Car News - Page 16 of 256 - Auto in China

WM Motor Declares Bankruptcy, Plans for a Fresh Start
2023-10-11 Car News
Financially distressed Chinese electric vehicle (EV) startup, WM Motor, has initiated bankruptcy proceedings as part of its strategy to revitalize the company through debt restructuring. The bankruptcy filing took place in Shanghai and was publicly disclosed on October 9 by China's national enterprise bankruptcy information platform. The document indicates that…
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BYD Yangwang U8 Receives More Than 4,000 Confirmed Orders Since Pre-Sale Launch in April
2023-10-09 Car News
BYD's ultra-luxury car venture, Yangwang, is making waves in the Chinese market with its debut production model, the Yangwang U8. Since its pre-sale launch on April 18 at the Shanghai auto show, Yangwang has garnered an impressive 4,000+ firm orders for the U8, according to a recent report by Jiemian,…
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Xpeng Launches ‘Jupiter Project’ to Attract Dealers to Its Sales Network
2023-10-09 Car News
Xpeng (NYSE: XPEV) has officially launched its 'Jupiter Project' aimed at recruiting dealers to its sales network, confirming earlier reports from last month. Since the project's launch, Xpeng has received an impressive 1,200+ applications from prospective dealers looking to join its sales system, as announced by the Chinese electric vehicle…
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Dolphin Maintains BYD’s Export Leadership for Three Consecutive Months
2023-10-08 Car News
In September, BYD demonstrated its export prowess once again by shipping 13,132 units of its compact hatchback, the BYD Dolphin, making it the leading export vehicle for the month. The BYD Yuan Plus (also known as Atto 3) followed closely with 9,277 units shipped, while the sedan BYD Seal recorded…
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Chery Unveils OMODA EV at the Geneva Auto Show
2023-10-08 Car News
Chery has officially introduced the OMODA EV at the 2023 Geneva Auto Show. Positioned as a compact pure electric SUV, the OMODA EV boasts a redesigned front fascia. This eagerly anticipated vehicle has already entered production and is anticipated to hit the market later this year. From an external perspective,…
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BYD Executive Unfazed by EU Anti-Subsidy Investigation
2023-10-08 Car News
The rapid growth of electric vehicles (EVs) represents a transformative shift that may be misunderstood by many. However, a BYD executive has emphasized that once data and real-world facts are shared, any doubts are dispelled. Earlier this month, the European Union formally initiated an anti-subsidy investigation into electric vehicles (EVs)…
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