The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.
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Hongqi EH7 is the first model launched by Hongqi New Energy since it became independent in January 2023.
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China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
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Hycan, previously known as GAC Nio, has sold fewer than 20,000 vehicles annually for the past two years.
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The G318 is Deepal's third model after the SL03 sedan and S7 SUV and is an EREV.
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IM Motors has shared two videos showing the L6 being able to maneuver in tight spaces with the help of the smart chassis.
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Rising Auto said all is well with it and will launch a new model in the middle of the year.
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The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models.
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Employees at Rising Auto are expected to be laid off by more than 70 percent, while the remaining employees are likely to get a pay cut, according to local media.
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