Ford once had high hopes for the Mustang Mach-E in China, setting up a separate company to run the business. Now, the US carmaker is scaling back its ambitions in the business.
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Since Bingo was launched in March 2023, sales have been increasing month by month. Currently, the 203km version of the model is priced at 8,300 USD in China.
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Nio will no longer offer the RMB 30,000 option package that included free battery swap service, making the free service a thing of the past.
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JAC's major customer Nio's shipments in the second half of 2023 are expected to grow by about 100 percent from the first half, which will be a key growth driver for JAC in the second half of the year, Kuo said.
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