2024 XPeng G9 sees over 15,000 orders in 15 days after launch
Official sources revealed that the 2024 XPeng G9 received over 15,000 orders within just 15 days of its launch, with the MAX variant accounting for more than 80% of these. The new car has introduced five variants, priced between RMB 263,900 to RMB 359,900, and began nationwide deliveries on September 21st.
Beijing Hyundai slashes Chongqing factory price by RMB 1.1 billion
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Recently, the Beijing Hyundai Chongqing factory has been listed for sale, with a transfer base price of RMB 2.58 billion. The assets for sale include land use rights, buildings, structures, and related equipment. Notably, a significant portion of the movable assets within these assets is either idle or written off, indicating the factory has ceased operations.
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Lynk & Co debuts full range at Qatar auto show
Recently, Lynk & Co showcased its entire car lineup, including the Lynk & Co 01, 03, 05, and 09, at the Qatar Auto Show. Lynk & Co announced a partnership with Auto Class Cars, under Qatar's NBK Group, to handle its marketing and service in Qatar. The first Lynk & Co center is expected to open in Doha in October.
Weltmeister faces bankruptcy with debts exceeding RMB 1 billion
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According to Chinese enterprise analytics APP ‘Tianyancha’, Weltmeister Automotive Technology Group Co., Ltd. has added a bankruptcy review case, initiated by the company itself. Risk information indicates that the company has been listed as a defendant in over 20 enforcement actions with a total amount exceeding RMB 1 billion. Additionally, there are multiple records of equity freezes for the company.
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NIO achieves 30 million battery swaps
Recently, NIO officially completed its 30 millionth battery swap. According to official sources, these 30 million swaps provided NIO users with 15.521 billion kWh of energy, equivalent to the annual electricity consumption of 60,000 households. Compared to public charging, this has saved users a cumulative total of at least 1.7 billion minutes.
Increasing number of Tesla's German factory threaten strikes
According to Reuters, the German Metalworkers' Union stated that an increasing number of workers at Tesla's German factory are joining the union due to concerns about health, safety, and overtime. Shortages of staff and inadequate safety measures have resulted in numerous accidents, with about 30% of workers taking sick leave. Tesla has not immediately responded to a request for comment on this matter.
Consumer complaints about cars surge in Q3 2023, up 40.1%
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According to recent data, a total of 54,866 valid consumer complaints related to automotive products were received in the third quarter of 2023, including 32 complaints from third-party platforms and aftermarket tires. This represents a quarter-on-quarter increase of 40.1% and a year-on-year increase of 25.6%. According to statistics, complaints received this quarter involved 200 car brands, encompassing 1,135 car models, an increase of 4 brands and 20 models from the previous quarter.
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Mercedes-Benz Q3 2023 sales in China surpass 201,500 Units
Mercedes-Benz recently released its sales figures for the third quarter of 2023, delivering over 201,500 new vehicles to Chinese customers. The cumulative deliveries for the first nine months exceeded 578,700 vehicles, marking a 3% year-over-year growth. The company's new energy product portfolio is steadily climbing, with quarterly deliveries of all-electric models seeing a surge of over 70% compared to the previous year.
BMW Group reports over 602,000 deliveries in China for Q1-Q3 2023
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Recently, the BMW Group officially announced its delivery figures for the Chinese market for the first three quarters of 2023. From January to September, the BMW Group delivered over 602,000 BMW and MINI branded vehicles in China. Sales of BMW's all-electric models have more than doubled, reaching 69,603 units, a staggering increase of 232% year-over-year.
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XPeng confirms suspension of procurement head Li Feng
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In response to recent reports stating "Procurement head Li Feng has been suspended due to internal anti-corruption investigations", XPeng remarked that the company's actions are a normal part of promoting integrity and opposing corruption. The EV maker stated that it plans to rectify corruption wherever it is found and will show no tolerance. The incident is of a minor scope and does not affect business or production processes.
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Toyota and Idemitsu join forces for solid-state battery production
Recently, Toyota announced an agreement with Idemitsu Kosan (Idemitsu) to collaboratively develop large-scale production technology for solid electrolytes. The partnership aims to enhance production efficiency, establish a supply chain, and realize mass production of all-solid-state batteries for electric vehicles.
Xiaomi in talks with car makers awaiting approval for EV production
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Sources reveal that while Xiaomi awaits approval from the Ministry of Industry and Information Technology to produce electric vehicles independently, it has engaged in discussions about potential production partnerships with several car manufacturers, including Brilliance Auto Group and Chery Automobile. Negotiations between Xiaomi and these automakers are ongoing, and it remains uncertain whether a collaboration will be finalized.
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