IM Motor’s LS6 soars with over 6,000 Orders within 48 hours of launch
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IM Motor’s Joint CEO Liu Tao announced a robust start for the LS6, securing over 6,000 reservations within 48 hours post-launch. Following its market debut on October 12th with four models ranging between RMB 229,900 and 291,900, the LS6 had an impressive breakthrough of 8,000 orders in a single day and total orders exceeding 38,000 as revealed on October 13th. This strong market response underscores the model’s competitive allure in the automotive industry.
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Aito’s new M7 surpasses 60,000 orders, continues market momentum
Official sources recently confirmed that orders for Aito’s new M7 have exceeded 60,000 units, showcasing strong customer demand. Previously, internal data shared by Yu Chengdong highlighted that as of 10 a.m. on October 7, the cumulative number of substantial orders stood at 55,506, with an additional 4,197 vehicles being added shortly thereafter. This surge reflects the market's positive reception of the new M7 and the brand's growing influence in the automotive industry.
The new NIO ES6 will be launched on May 24 with upgrades
Recently, NIO announced that the new NIO ES6 will be officially launched on May 24 and deliveries will commence on May 25. The ES6 vehicle is built on the brand’s new NT2.0 platform, incorporating the addition of lidar technology. The sporty SUV will also feature new intelligent capabilities, expected to bring improvements in terms of “fluidity, interactive experience, and intelligent dialogue”.
EU's anti-subsidy probe into Chinese
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The European Union recently initiated an anti-subsidy investigation targeting Chinese electric vehicles, a move seen as trade protectionism to hinder their entry into the European market. Industry insiders warn that such measures cast a shadow over the global development of electric vehicles, potentially slowing the momentum of automotive industry transformation and upgrades worldwide, including within the EU itself. This development underscores the complexities of global trade policies in shaping the future of sustainable transportation.
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BMW officially to join Tesla's charging network
Tesla recalls 54,676 Model X Vehicles over brake fluid issues
Hyundai Nexo debuts in China, launches single
Hyundai has officially launched the Nexo in China, introducing just one variant at a price of RMB 800,000. The vehicle sports a trendy "X" shaped front design with an intricately woven grille, complemented by sharp daytime running lights, delivering a contemporary visual appeal. Unique in its category, the Nexo opts for hydrogen fuel cell technology, representing a leap in environmentally friendly propulsion. Furthermore, Hyundai promises a made-to-order approach, ensuring direct and customized production for buyers. This launch underscores Hyundai's commitment to sustainable mobility and its strategy to captivate the Chinese market with bespoke offerings
EVs eclipse ICE vehicles in the Netherlands, nearing 50% market share
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September witnessed a landmark shift in the Netherlands' auto industry, with electric vehicles (EVs) outselling their ICE counterparts, capturing nearly 50% of the market. Of the 13,916 EVs sold, battery electric vehicles (BEVs) accounted for around 10,000 units, claiming a substantial 34% market share. Concurrently, plug-in hybrid vehicles (PHEVs) recorded approximately 3,900 sales, making up 13% of the market. This trend underscores a significant consumer shift towards eco-friendly vehicles, reinforcing the Netherlands' position as a frontrunner in the global transition to sustainable mobility
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Changan Automobile to Invest 8.8 Billion Baht in Thailand EV Plant
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Changan Automobile has recently announced its collaboration with the Thailand Board of Investment, revealing plans to invest 8.8 billion baht in constructing a new energy vehicle production facility in Thailand. The factory's initial design capacity is projected to reach 100,000 units, marking a significant step in Changan's international expansion and its commitment to the evolving new energy sector. This move highlights the growing synergy between automotive innovation and global investment strategies, paving the way for future industry advancements
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Nissan to showcase futuristic EV concepts at 2023 Japan mobility show
The 2023 Japan Mobility Show, set for October 25 to November 4 in Tokyo, will witness a pioneering presentation by Nissan Motor Company. Featuring an interactively designed booth, Nissan plans to unveil a series of concept models symbolizing the future of electrified transportation. This innovative approach aims to provide attendees with a firsthand experience of the company's vision for mobility, reflecting Nissan's commitment to leading advancements in the electric vehicle domain
China's new energy vehicles surge
In recent years, sales of new energy passenger vehicles in China have skyrocketed, with penetration rates projected to hit 50% by 2025, signifying rapid growth in the smart new energy vehicle sector. In the mid-to-high-end market, specifically for vehicles priced between RMB 250,000-350,000 and RMB 350,000-500,000, consumer preference for emerging Chinese brands has reached 30.5% and 32.4%, respectively. This trend marks a significant shift, heralding the ascent of domestic brands in China's automotive landscape and indicating a robust path forward in the competitive industry
Dongfeng eπ 007 debuts, set for November reveal
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Dongfeng eπ has officially christened its inaugural model the "Dongfeng eπ 007," with plans for its first public appearance slated for November 6. The new vehicle, constructed on Dongfeng's Quantum architecture, is a foray into the mid-to-large-sized category of new energy performance vehicles. Presales are expected to commence by the end of the year, signaling Dongfeng's strategic move in the electric vehicle market.
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Chery-Huawei's new car brand ‘Luxseed’ teases new model
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New car brand Luxseed (a combination of the words ‘luxury’ and ‘exceed’), has officially launched its verified Weibo account, setting the stage for new developments. Announced at Huawei's 2023 autumn conference by Richard Yu Chengdong, the head of Huawei's car unit, the much-anticipated Luxseed S7 sedan is set for a November release. Developed in collaboration with Chery, the S7 is touted as a sporty and spacious sedan, marking a significant milestone in Huawei's automotive endeavors.
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