China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.
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Huawei and M Hero are still discussing specific partnership models, with those based on parts supply or the HI model being prioritized.
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ET5 Touring, ES6, EC6, EC7, ES8 all have wait times of 2-4 weeks, while the ET5 has 9-11 weeks and the ES7 11-13 weeks.
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Xpeng established dealer partnerships in the UAE, Egypt, Azerbaijan, Jordan and Lebanon, with plans to expand to other European markets including Germany, the UK, Italy and France this year.
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The Zeekr 001, Zeekr's first model, was launched on April 17, 2021 and has been the company's main seller.
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China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday.
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Buick has become the latest to join the price war, with significant price cuts for all four trims of the Electra E4.
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From February 8-17, Li Auto owners drove 74.73 million kilometers with the AD assisted driving system turned on, including 49.54 million km of NOA mileage.
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Deepal has lowered the starting price of the SL03 BEV by RMB 7,000 and is offering customers an additional RMB 10,000 cash discount.
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Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models.
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