Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs.
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Author: Lei Kang
Volkswagen Anhui will use the CEA architecture, a collaboration with Xpeng, for future models due to poor sales of the ID.UNYX, which went on sale in July, according to local media.
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Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales.
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Xiaomi SU7 Ultra has entered a regulatory filing catalog, allowing some core specs to come to light.
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Audi has launched the “AUDI” brand in China, with a logo featuring a combination of “AUDI” letters, in a bid to utilize China's supply chain to create EV models that cater to local consumer preferences.
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One insider said Neta's layoffs could reach up to 70 percent, while another said the percentage varies by division and is not that high overall.
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Avatr has opened its first showroom in Thailand and delivered the Avatr 11 SUV to its first over 100 local customers.
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China's NEV penetration at retail stood at 54.38 percent in October and 46.92 percent year-to-date, according to preliminary CPCA data.
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The new brand will not use Audi's signature four-ring logo, but will instead use Audi's English name “AUDI” and will also launch a model to rival the Nio ET7, according to local media.
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CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged.
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