"Li Shufu, Geely's founder, is often described as tenacious businessman who does not take no for an answer."
The post Big profile of Volvo’s owner, Geely, and its founder, Li Shufu appeared first on CarNewsChina.com.
Month: November 2023
Lotus has long produced fast cars. Now it's also producing fast chargers. The automaker on Tuesday unveiled fast-charging hardware it claims to have developed in-house, including a liquid-cooled DC charger capable of up to 450 kw. It's designed to be used with a Lotus-developed power cabinet and 600-amp charging unit in a setup Lotus claims can...
A developer who deconstructed the Tesla app also revealed that the pickup will come in two trim levels.
The Seagull, the least expensive model under the BYD umbrella, sold 43,350 units in October, making it the second-highest selling BYD model.
The post BYD sees 200,000th Seagull compact EV roll off line appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The Road to Price Parity: Competition Heats Up in Mexico; a Tsunami of EVs Arrive in Colombia
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It took 7 months from the launch of BYD Seagull to the completion of the 200,000th unit rolling off the assembly line.
The post The 200,000th BYD Seagull rolled off the assembly line appeared first on CarNewsChina.com.
China's retail penetration of NEVs was 40.5 percent from November 1 to November 26, and 34.9 percent year-to-date.
The post China NEV retail sales at 563,000 in Nov 1-26, down 7% from same period last month appeared first on CnEVPost.
For more articles, please visit CnEVPost.
This suggests an overall valuation of the new company soaring to an impressive 500-625 billion yuan (70.17-87.72 billion USD).
The post Huawei is planning to sell 40% shares in its new smart car firm valued at 35 billion USD appeared first on CarNewsChina.com.