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GAC Aion Initiates Pre-Sales for Hyper HT SUV, Offering a Starting Price of $30,080
2023-10-22 Car News
Hyper HT, the latest offering from the Hyper sub-brand of GAC Aion, is now available for pre-sale. This new model is the brand's first SUV and comes in four different versions, with three of them utilizing the 800-volt high-voltage platform. The top-tier version even boasts falcon-wing doors reminiscent of the…
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Buick Introduces Lower-Priced Electra E5 Variant in China with Reduced Features, Slashing Price by $5,330
2023-10-21 Car News
In response to the growing competitive landscape, Buick, a subsidiary of General Motors, has introduced a cost-effective version of its inaugural electric vehicle (EV) model, the Electra E5, based on the Ultium platform, in the Chinese market. This strategy, which involves reducing certain comfort features, is a common approach employed…
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WM Motor Declares Bankruptcy, Plans for a Fresh Start
2023-10-11 Car News
Financially distressed Chinese electric vehicle (EV) startup, WM Motor, has initiated bankruptcy proceedings as part of its strategy to revitalize the company through debt restructuring. The bankruptcy filing took place in Shanghai and was publicly disclosed on October 9 by China's national enterprise bankruptcy information platform. The document indicates that…
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Xpeng Launches ‘Jupiter Project’ to Attract Dealers to Its Sales Network
2023-10-09 Car News
Xpeng (NYSE: XPEV) has officially launched its 'Jupiter Project' aimed at recruiting dealers to its sales network, confirming earlier reports from last month. Since the project's launch, Xpeng has received an impressive 1,200+ applications from prospective dealers looking to join its sales system, as announced by the Chinese electric vehicle…
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BYD Yangwang U8 Receives More Than 4,000 Confirmed Orders Since Pre-Sale Launch in April
2023-10-09 Car News
BYD's ultra-luxury car venture, Yangwang, is making waves in the Chinese market with its debut production model, the Yangwang U8. Since its pre-sale launch on April 18 at the Shanghai auto show, Yangwang has garnered an impressive 4,000+ firm orders for the U8, according to a recent report by Jiemian,…
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Arcfox, a brand under BAIC, intends to commence Electric Vehicle (EV) sales in Japan by 2024
2023-10-09 Trade News
Arcfox, a brand affiliated with Beijing Automotive Group (BAIC Group) specializing in electric vehicles (EVs), is determined to make its mark in Japan's EV market in 2024, despite facing challenges in its domestic market. In a recent development, Beijing Electric Vehicle Co (BJEV), the EV-manufacturing arm of BAIC Group, signed…
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