Seres achieved a net income of RMB 5.9 billion in 2024, becoming the fourth NEV maker in the world to achieve profitability.
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Category: EV Industry
The Dongfeng Nissan N7 has a starting price range of RMB 119,900 ($16,450) to RMB 149,900, similar to Xpeng's hot-selling Mona M03.
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This comes less than six months after the last update of the Avatr 11 SUV.
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In the first quarter, China imported 8,870 vehicles from the US, a 66 percent year-on-year decline.
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The SC01's launch is one of the most low-profile new car launches in China's auto industry.
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Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.
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China's smart NEV market has been dominated by local brands, but global auto brands have caught up, said Deutsche Bank.
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The Avatr 06 is Avatr's second sedan after the Avatr 12, and the 3rd Avatr model to be offered in both BEV and EREV variants.
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The Avatr 06 is Avatr's second sedan after the Avatr 12, and the 3rd Avatr model to be offered in both BEV and EREV variants.
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Dramatic changes in the external environment, especially additional tariffs that exceeded expectations, have taken a toll on consumer sentiment, the CPCA said.
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