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CnEVPost Newsletter: NIO increases stake in its joint venture with JAC to 50%
NIO increases stake in its joint venture with JAC to 50% - CnEVPost — cnevpost.com The move means NIO's stake in Jianglai, which has car manufacturing credentials, is the same as JAC's, and may mean it has a greater say in the plants the two jointly built.
NIO releases new version of NIO OS, bringing highly anticipated Gaode Map - CnEVPost Gaode Map is regarded as the best navigation software in China. Especially in the impression of drivers, navigation software is only Gaode Map and others.
BYD's fifth car plant in China reportedly to start production on April 15 - CnEVPost BYD's industrial park in Fuzhou city, Jiangxi province, will start mass production on April 15, with a planned annual capacity of 200,000 vehicles, according to local media.
BYD launches ATTO 3 in Macau, its first EV targeting global markets - CnEVPost In addition to Macau in Australia, BYD is launching the model in Singapore in the second quarter of 2022.
Price hikes have manageable impact on NEV demand in China, analysts say - CnEVPost Demand remains firm as consumers expect EVs to continue to rise in prices, with waiting times generally at 2-3 months, according to a team of local analysts.
SAIC sells 74,509 NEVs in March, up 20% year-on-year - CnEVPost SAIC sold 443,045 units of all vehicles in March, with NEV sales contributing 16.8 percent.
JAC sells 14,264 EVs in March, up 55% year-on-year - CnEVPost This represents a 55 percent increase over the 9,200 units sold in the same month last year and a 39 percent increase over the 10,251 units sold in February.
Voyah starts Dreamer MPV pre-sales with prices starting at about $60,000 - CnEVPost Voyah said the MPV received more than 2,000 pre-sales orders in five hours.