The updated LS6 -- a Tesla Model Y competitor -- received more than 6,000 orders in its first 12 hours on the market.
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Category: Industry News
The Avatr 07 is Avatr's third model and its first to offer EREV options, as hybrids are seen as a panacea to boost sales.
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China's NEV retail penetration stood at 53.41 percent in the September 1-22 period, and 45.36 percent year-to-date.
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Geely Auto will form a joint venture with Vietnam's Tasco to build a $168 million plant with a design capacity of 75,000 vehicles per year in the first phase.
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BAIC's EV arm BJEV has reduced its production capacity by 62.5 percent by reducing the number of production sites from three to one.
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In September, China's passenger NEV retail sales are expected to be around 1.1 million units, up 47.3 percent year-on-year and up 7.3 percent compared to August, CPCA's estimates show.
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China's NEV retail penetration was 53.74 percent in the September 1-15 period, and 45.15 percent year-to-date.
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GAC Aion opened its first store in the Philippines and delivered vehicles to its first 10 local customers.
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Great Wall Motor has signed a deal with Vietnam's TAG Group with the aim of starting to assemble cars in Vietnam by the end of 2025.
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Avatr has launched the right-hand drive version of the Avatr 11 in Thailand at a starting price of around $62,860, with deliveries set to begin in November.
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