


Volkswagen on Tuesday announced a goal of launching an EV priced at 20,000 euros—equivalent to $22,000 at current exchange rates—in 2027. This affordable EV is aimed at the European market, with a high degree of manufacturing and supply-chain localization entailed in the project, VW said in a press release. This will allow for shorter...
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Continue reading What's an old-school guy like me doing with a Tesla Cybertruck?
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Permalink | Email this | CommentsChina's retail penetration of NEVs stood at 47.51 percent in May 1-26, and 39.93 percent year-to-date.
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“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said.
The post Morgan Stanley cautions of possible new price competition following BYD's launch of 5th-gen DM tech and new models appeared first on CnEVPost.
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Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily.
The post China may devote about $830 million to support all-solid-state battery R&D, report says appeared first on CnEVPost.
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