China's retail penetration of NEVs was 41.3 percent in the November 1-12 period.
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Category: Industry News
Driven by demand, Innovusion's new production line is in the works and will enter mass production in December, it said.
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Avatr, which was called Changan Nio a few years ago, has officially launched the Avatr 12 with a starting price of RMB 300,800.
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The auto show will feature a total of 1,132 vehicles, including 469 NEVs.
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In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.
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Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.
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China's NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September.
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Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg.
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China's passenger NEV penetration at retail stood at 37.7 percent in October, up from 36.9 percent in September.
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MG topped China's NEV exports in the first half of this year with a 25.3 percent share.
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