CnEVPost Newsletter: BYD begins pre-sales of new models; Tesla asks Chinese suppliers to build plants in Mexico
Pre-sales for the new Song Plus DM-i start at RMB 169,800 and the Song Plus EV at RMB 179,800.
Wang believes that the NEV change is a technological revolution, and only companies with core technologies will survive.
The ET5 Touring has arrived at NIO stores and will be available in NIO showrooms on the evening of June 9, and those interested can check it out on June 10, according to a blogger who has been following NIO for a long time.
Tesla is asking several Chinese supply chain companies to build factories in Mexico in order to replicate a Giga Shanghai and its supply chain system there, according to local media.
The first production vehicles of the Zeekr X rolled off the production line today and will be shipped to stores in various cities, with first deliveries expected to begin in the middle of this month.
Zhu Jiang, a former executive at NIO, Ford and Jidu Auto, has joined Lucid to head up its China operations, and he said Lucid is starting to prepare for its entry into the country.
The Mustang Mach-E team will be integrated back into Ford China and the separate entity running the project will be written off in the future, according to local media.
EVOGO's battery swap service was previously available in Xiamen, Hefei and Guiyang.
The moves include holding auto festivals in 100 cities and promoting consumption of NEVs in rural areas.
China will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is already planning for 4,800 GWh of capacity, according to Changan's chairman.
The US overtook Germany as the world's second-largest EV market in the first quarter, while China remained in the lead, Counterpoint said.
NEV penetration at retail in China was 33.3 percent in May, up 6.7 percentage points from 26.6 percent a year earlier and up from 32.3 percent in April.
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