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Geely's mobility brand, Lynk & Co, has announced Alain Visser, the current CEO of Lynk & Co Europe, will be stepping down from his role to explore new opportunities beyond the company. Starting from January 8th, 2024, he will be succeeded by Nicolas Lopez Appelgren
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Li Xiang, the CEO of Li Auto, announced the company's targets for 2024. The Li Auto CEO stated the company will aim for an annual sales target of 800,000 vehicles for the year, a monthly sales challenge of 100,000 vehicles, a single model monthly sales goal of 30,000 vehicles, and the deployment of 2,000 supercharging stations.
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Tesla has adjusted the Model Y range in the United States, reducing it by up to 20 miles: - Model Y Long Range: Now offering 310 miles (previously 330 miles) - Model Y Performance: Now featuring 285 miles (previously 303 miles) There have been no changes to the pricing
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Near 70% of Chinese automakers fall short of 2023 sales targets. In 2023, only four out of 13 Chinese automakers met their sales targets in a highly competitive market. Li Auto exceeded its goal by 25%, delivering 376,030 vehicles. BYD achieved its ambitious target of 3 million sales, overtaking Tesla as the world's leading EV maker. Geely, a traditional automaker, met its target, but its EV brand Zeekr fell short. Nio, Xpeng, and Zhejiang Leapmotor Technology missed their targets for the second year, leading to executive changes and workforce reductions at Nio. Despite these, overall sales of electric and hybrid vehicles in China rose by 38%, totaling 8.88 million units.
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BMW Group regains its leading position in the Chinese premium segment with the total delivery of more than 820,000 BMW and MINI cars in China, up 4.2%, with annual sales of all-electric vehicles reaching nearly 100,000 units
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XPeng AeroHT integrated flying car made its debut at CES 2024. Wang Tan, the co-founder and vice president of XPeng AeroHT, announced that another model, a detachable flying car named "Land Carrier," will open for pre-orders in the fourth quarter of this year.
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VW Group China delivered 3.236 million vehicles in China in 2023 up 1.6%. Audi recorded an increase of 13.5% and achieved 728,575 deliveries. BEV deliveries reached a high of 23.2%. VWs ID.3 (75,700 units), is one of the best-selling models while ID.4 (over 61,700) ranks top 5
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At CES 2024, Honda officially unveiled its new global electric vehicle concept cars, the "Honda 0" series "SALOON" and "SPACE-HUB." Alongside these launches, Honda also introduced a new "H" emblem specifically for its future electric vehicles. The new "Honda 0" series of electric vehicles is set to debut in the North American market in 2026, with plans for gradual expansion to global markets thereafter
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