Initially, Beijing Hyundai hoped to sell the factory for 513 million USD, but no one showed interest, so it had to lower the price.
The post Beijing Hyundai sold Chongqing factory for 226 million USD, less than half of its initial listing price appeared first on CarNewsChina.com.
The overall price reduction this time is relatively small, and the purchase price of Model RD has also increased.
The post Tesla lowered the prices of Model 3 and Model Y in China, but the lowered Model Y became more expensive appeared first on CarNewsChina.com.
Car sales in the Chinese market recovered this quarter, with total market sales increasing by 14.2%, and 8 of the top 10 auto brands growing.
The post Top-Selling car brands in Q4 2023 in China – BYD first, VW second, Toyota third appeared first on CarNewsChina.com.
BYD EXPLORER NO.1 can load 7,000 vehicles at a time, and its maiden voyage will be to Europe.
The post BYD’s first transport ship EXPLORER NO.1 has been delivered and left the port appeared first on CarNewsChina.com.
BYD has been the best-selling brand by volume for 11 consecutive months. Tesla Model Y remained the best-selling model.
The post Top-Selling car brands in December 2023 in China – BYD first, VW second, Toyota third appeared first on CarNewsChina.com.
Among the top 10 best-selling brands in Israel, Chinese brands already occupy 3 seats.
The post Chinese car companies BYD and Geely Lead Israeli Electric Vehicle Sales in 2023 appeared first on CarNewsChina.com.
BYD has achieved its sales target of 3 million vehicles set at the beginning of 2023. Sales include 1.57 million pure EVs.
The post BYD sold 3.02 million vehicles in 2023, up 61.9% appeared first on CarNewsChina.com.
Currently, BYD's electric buses have reached more than 400 cities in more than 70 countries and regions around the world.
The post BYD delivers the first batch of 20 pure electric buses to Mexico appeared first on CarNewsChina.com.
Wuling is currently the largest player in the Indonesian EV market, owning more than half of the local EV share.
The post Wuling Bingo EV launched in Indonesia: blind ordering exceeded 3,000 units in one month appeared first on CarNewsChina.com.
Although the price of ID may be much lower than in Europe, it is still higher than the expectations of many Chinese consumers.
The post FAW-VW ID.7 VIZZION officially launched in China, starting at 32,000 USD appeared first on CarNewsChina.com.