CnEVPost Newsletter: NIO to take firm orders for EC7 soon; Neta unveils two-door sports EV

Apr 6, 2023

NIO to allow Chinese consumers to lock in EC7 orders starting Apr 10

Test drives for the EC7 will open on April 10, with deliveries to begin in mid-May.

NIO names its car rental service in China NIO Subscription

NIO upgraded the service a year ago, and more than 3,000 consumers have used it in the past year.

Neta unveils two-door electric sports car Neta GT, deliveries expected in H1

The Neta GT, set for mass production and delivery in the first half of 2023, will be the first real sports car that young people in China can own, an executive previously said.

Buick to launch Electra E5 electric SUV in China on Apr 13

The Electra E5, Buick's first electric model based on the Ultium platform, is a 5-seat SUV measuring 4,892 mm in length.

Price wars fail to boost China's auto consumption

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said.

China's Mar NEV retail sales at 549,000 units, preliminary CPCA data show

This was up 27 percent from February, but below the CPCA's estimate of around 560,000 units announced in late March.

Some Chinese lithium producers stop production to stem continued price decline

Half of the four major lithium producers in Yichun, Jiangxi province, nicknamed the "lithium capital of Asia," have opted to shut down production, according to local media.