In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.
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Category: Industry News
The European Commission is about to notify carmakers that it will temporarily impose additional tariffs of up to 25 percent on imported Chinese EVs from next month, according to the Financial Times.
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China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
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IM Motors' first EREV model will be an SUV, which will be launched in the first quarter of 2025, according to local media.
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Mercedes-Benz's all-electric CLA model will be equipped with a high-level intelligent driving solution from Momenta that does not rely on high-definition maps, and will be capable of pilot assisted driving in urban areas, according to local media.
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China's NEV penetration at retail stood at 46.88 percent in May and 40.26 percent year-to-date, according to preliminary data from the CPCA.
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In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.
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STMicro said it will supply SiC power devices for Geely's multiple brands of mid- to high-end all-electric vehicles, helping to boost performance, speed up charging and extend range.
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The new variant of the Jiyue 01 has a CLTC range of 720 kilometers and a starting price of RMB 249,900 ($34,510), which sits in the middle of the two previously available variants.
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Great Wall Motor plans to close its European headquarters in Munich at the end of August and fire all of the 100 or so local employees, according to a German media report.
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