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Li Xiang, the founder of Chinese electric vehicle Li Auto, revealed the cost positioning of each model on Twitter-like Weibo on January 30. However, behind last year's growth in delivery volume, many employees were disappointed about their year-end bonuses.
NETA Auto, a vehicle marque under Chinese firm Hozon Auto, announced on September 15 that its global expansion has accelerated in the past few days. The firm's NETA V right-hand drive model has been launched in Nepal and Thailand.
At NIO DAY on Saturday, Chinese EV maker NIO unveiled its fifth model, the ET5, a mid-size electric vehicle. The vehicle will start 328,000 yuan ($5,145) with deliveries scheduled for September next year.
Chinese automotive maker XPeng Motors announced that the launch event of its medium and large SUV G9 is scheduled for September 21.
Tesla plans to launch lane-level navigation in China, collaborating with Baidu Maps, and is expected to go live with the update during the Spring Festival.
Chinese electric vehicle maker BYD is now planning to independently develop chips for intelligent driving.
GM's Jim Cain is cautiously optimistic about regaining profitability in Chinese ventures with SAIC Motor, without additional GM investment.
A Chinese vehicle owner attested on domestic social media on October 10 that when he was charging his XPeng EV at the company's own facility, he found that a QR code for Li Auto had been posted in the lower left-hand corner of the operation guide.
Chinese electric vehicle maker NIO began reducing its prices recently, starting with the ES6, ES8, and ES7 models. This promotion plan was first announced at the company's regular meeting on the morning of February 1.
Among the new models, the GAC Aion LX will be launched in 2022, equipped with L2++ NDA (Navigated Driving Assistance) based on Huawei MDC 610.
Car companies such as China's BYD, Germany's Mercedes-Benz and Volkswagen, as well as Japan's Suzuki, are increasingly eyeing India's new energy vehicle market.
At the 2022 Chengdu Motor Show, which opened on August 26, Denza, a joint venture between BYD and Daimler AG, presented its first mid-size SUV concept vehicle, INCEPTION, and its medium and large multi-purpose vehicle (MPV), Denza D9.