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CnEVPost Newsletter: BYD launches new Han DM series; Lithium prices continue to surge
This is BYD's latest move to further expand its market share by launching revamped models to make prices lower, following the launch of the 2023 Han EV, as well as the 2023 Seal.
The upgrade will be available starting May 31 and will cost owners RMB 1,980.
With Toyota's reluctance to embrace the EV revolution, Chinese premium EV brands, like Zeekr, are eyeing the luxury MPV space as a chance to charge big money.
In September 2022, Geely Holding spent about £66 million to acquire a 7.60 percent stake in Aston Martin.
There have been no discussions between Volkswagen China and other companies about operating system licensing, local media quoted the German carmaker as saying.
Customers of the Voyah Zhuiguang sedan can now receive substantial benefits for free that previously cost RMB 72,000.
The price of battery-grade lithium carbonate has risen 66.67 percent in China and 111.11 percent for industrial-grade lithium carbonate since the rally began late last month.
Discounts on passenger cars in China continued to expand in April, but the industry is seeing some positive changes heading into May.
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