Decreasing presence in Beijing spells further trouble for Weltmeister
According to Chinese media reports, almost all Weltmeister’s Beijing offline stores are currently closed, and presently there is only one Weltmeister user center left in Beijing. WM’s staff said that due to the lack of display and inventory space, as well as the shortage of orders for supporting parts, sales and maintenance work have been suspended at present. As of now only simple inspection and maintenance is being carried out.
First batch of Voyah FREE DNA rolls off production line
Recently, the first batch of Voyah FREE DNA officially rolled off the production, and simultaneously started delivery, with exclusive offers for initial car buyers. Launched on August 26, 2022, the Voyah FREE DNA is limited to 3,000 units. The range-extending version is priced at 379,900 RMB, and the pure electric version is priced at 419,900 RMB.
The latest road shots of Neta’s E coupe!
Recently, the latest shots of Neta’s two-door four-seater pure electric sports car were released. The new car named ‘Neta E’ will be available for pre-sale in March. The Neta E is the second product based on the brand’s Shanhai platform. The Neta E has a classic coupe shape, with large headlights and ‘air vents’ in the hood, double heat dissipation air guides and black "inverted triangle" heat dissipation air grooves. According to some experts the EV coupe styling resembles BYD’s seal.
ARCFOX Alpha T5 will be launched this year!
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It is reported that BAIC's high-end EV brand ARCFOX will release a new compact SUV this year, internally code-named N50AB, with an expected price range of 200,000 ($27,000) RMB to 300,000 RMB ($41,000) . Judging from a photo of the logo on the vehicle’s rear, the new car may be named Alpha T5. The Alpha T5 HI version is said to be equipped with 3 lidars, Huawei HI full-stack smart car solution and Harmony in-car OS system.
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The new NIO ES6 declaration map exposed, to be released in 2023?
A few days ago, the Ministry of Industry and Information Technology announced the declaration information of the new NIO ES6. The declaration map shows that the front face of the new car adopts a new design language and is based on the brand’s new NT2.0 platform. In terms of power, the new ES6 will be equipped with front and rear dual motors, and four-wheel drive. The maximum power of the front motor is said to be 150kW, and the maximum power of the rear motor is 210kW. It is rumored the new ES6 will be released in 2023.
Global EV market share to reach 10% by 2022
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Recently, according to data from overseas auto sales research organization LMC Automotive and EV focused website ‘EV-Volumes’, the total global sales of electric vehicles in 2022 will be about 7.8 million, a year-on-year increase of 68%, and the market share will reach 10% for the first time. The penetration rates of electric vehicles in the Chinese and European markets are among the top two, reaching 19% and 11% respectively. The global EV market share could double to 20% by 2030.
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New car surge makes India world's third-largest car market
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According to Japan's Kyodo News Agency, new car sales in India will reach approximately 4.725 million in 2022, an increase of 25.7% over the previous year. As a result, India's annual new car sales surpassed Japan for the first time in history, becoming the third largest auto market in the world after China and the United States. Experts in the Indian auto industry predict that the domestic market is expected to further expand in 2023.
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