Tesla Implements Price Reductions in China and the United States
In a bid to bolster its market position and appeal to consumers, Tesla has recently rolled out substantial price adjustments for its vehicle lineup in both China and the United States.
Category: Auto
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Geely to Issue 3.7 Billion Yuan in Stock to 10,000 Employees
Geely approved a share award plan for a total of up to 350 million shares and granted about 167 million shares to 10,884 incentive recipients under the plan.
8/31/20213 min read
Seres Automobile Establishes AITO Business Group
On August 7th, Seres Automobile recently underwent a new round of organizational restructuring and established the AITO Questioning Business Group.
8/7/20232 min read
300 Chinese SAIC-GM-Wuling EVs Serve G20 Summit
During the ongoing G20 Leaders' Summit in Bali, Indonesia, auto companies from China, Japan and South Korea offered 836 pure electric vehicles to the Indonesian government, 300 of which were from Chinese automaker SAIC-GM-Wuling's local subsidiary.
11/15/20223 min read
German Car Rental Firm Sixt to Buy 100K EVs From BYD
BYD, a new energy giant based in China, announced on October 4 that it has signed a cooperation agreement with Sixt, a leading German car rental company.
10/8/20223 min read
Xpeng Motors Reforms Sales Method, Targeting Monthly Delivery Goal of 15,000 Vehicles
The company reportedly decided to shift the in-store sharing of sales leads to regional sharing, aiming to promote more transactions and targeting a monthly delivery goal of 15,000 vehicles.
11/5/20213 min read
BYD Releases New Concept Car Ocean-X
On September 8, Chinese battery and electric vehicle (EV) firm BYD debuted its "e-platform 3.0," an exclusive platform for EVs, and new concept vehicle "Ocean-X".
9/9/20212 min read
XPeng Delivers 7214 Smart EVs in August, Expects Monthly Delivery Volume to Reach 15,000 in Q4
On Wednesday, Xpeng said it had delivered 7,214 Smart EVs in August. With its increased production output at the Zhaoqing factory, Xpeng now expects its monthly delivery volume to hit 15,000 in Q4, according to Xpeng's CEO.
9/1/20213 min read
Xpeng P7+ Set for Global Debut, Claimed to Offer the Most Spacious Sports Sedan Under 300,000 Yuan
The Xpeng P7+ is a completely new model, rather than a successor to the P7. One of its standout features is the implementation of the "AI Eagle Eye," a pure visual intelligent driving solution.
BYD Frigate 07 Debuts at Chengdu Motor Show
On August 26, BYD's new medium-sized SUV Frigate 07 debuted at the 2022 Chengdu Motor Show and opened for pre-sale.
8/26/20223 min read
BYD Starts Price Increases Ranging From $279 to $838
Following recent cuts made by Tesla to its electric vehicle prices in the Chinese market, BYD announced on November 23 that it will increase the prices of its Dynasty series, Ocean series and Denza vehicles, ranging from 2,000 yuan ($279) to 6,000 yuan ($838).
BYD Surpasses Volkswagen to Place Third in Global Auto Rankings by Market Value
Company Market Cap's list of automakers showed on Tuesday that Tesla ranks first in terms of total value, followed by Toyota, and that BYD has surpassed Volkswagen to take third place.
6/7/20222 min read