BYD is offering discounts on three models, in a move that appears to be aimed at clearing inventory of older models after launching Smart Driving Edition updates.
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Category: China
The Yangwang U7 offers 4- and 5-seater layouts, available in EV and PHEV variants.
The post Yangwang U7 with DiSus-Z, “God’s Eye” A, and four electric motors at 1,287 hp launched in China, starts at 86,500 USD appeared first on CarNewsChina.com.
Priced at RMB 628,000 ($86,430), the Yangwang U7 is BYD's latest offensive in the luxury car market.
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Nio announced the pricing of its offering of 136,800,000 additional shares at HK$29.46 per share, for a total offering amount of HK$4.03 billion.
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The Avatr 06 starts at 215,900 yuan ($29,720) in pre-sales, and it is Avatr's third model to offer both BEV and EREV variants.
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The Avatr 06 sedan from CATL, Changan, and Huawei started presales in China. Its starting price is 215,900 yuan (29,750 USD).
The post CATL-backed Avatr 06 sedan started presales for 29,750 USD in China appeared first on CarNewsChina.com.
Nio plans to use the net proceeds for research and development of smart electric vehicle technologies and new products, further strengthening balance sheet as well as general corporate purposes.
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Fang Cheng Bao to start pre-sales of Tai 3 on March 31, as BYD continues its push for intensive new product launches.
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Another day, another brand in China.
The post Peugeot-Citroen’s Chinese joint-venture to launch compact Hedmos 06 SUV with 520 km range appeared first on CarNewsChina.com.
Li Auto's Halo OS aims to challenge the closed-source AUTOSAR and is expected to save the automotive industry up to RMB 20 billion in investment each year.
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