China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.
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Category: Industry News
Hyper has officially changed its English name to Hyptec, saying the move is part of its brand value upgrade to 2.0.
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The Tank 300 was recently launched in Malaysia and is Great Wall Motor's first luxury off-road SUV there.
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The Galaxy E5 is a compact SUV, the first to feature Geely's Aegis Short Blade Battery, and will target global markets.
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Vehicles with L4 autonomous driving capabilities can perform most driving tasks in most scenarios on their own, without the need for a driver to take over.
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July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.
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The new EV series, internally codenamed "Purple," will have a concept car unveiled in November, when Audi will explain the series' "brand story," according to Reuters.
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The overseas version of the Hyper SSR rolled off the production line on August 1, and the supercar is expected to begin deliveries in Southeast Asia later this month.
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The USTR expects its final ruling to be issued in August, and the new tariffs, which had been planned to take effect on August 1, will go into effect about two weeks after the publication of the final determination.
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China's retail penetration of NEVs stood at 51.86 percent in the July 1-28 period, and 43.05 percent year-to-date.
For details, please visit CnEVPost.