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China Sets New Record: Over 600,000 Plug-In Cars Sold in May 2023!
2023-07-21 Trade News / News
Plug-in electric car sales in China continued to grow in May, taking more than a third of the entire car market. According to EV Volumes' data, shared by Jose Pontes, some 614,361 new passenger plug-in electric cars were registered in China in May, which is 54 percent more than a…
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China’s Explosive EV Boom: Racing Ahead of the Rest of the World
2023-07-21 Trade News / News
China's successful electric vehicle (EV) offensive is highlighted in a new report, setting the benchmark for other nations to follow. (Picture Source: Auto in China) In May 2023 alone, carmakers in China sold over half a million plug-in vehicles, an astonishing figure for a single month. In comparison, US automakers…
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Upcoming Launch of the All-New Haval H5 in the Fourth Quarter
2023-07-20 Trade News / News
We have received information from Haval officials that the all-new Haval H5 mass-produced vehicle will begin production at Great Wall Motor's Jingmen production base on July 13. The all-new Haval H5 is built on the TANK platform and is positioned as a medium-to-large SUV. It is expected to be launched…
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FAW Hongqi HS3: A Stylish Entry-Level SUV from the Brand
2023-07-20 Trade News / News
According to official sources, the pre-sale price of the Hongqi HS3 starts at 160,000 yuan. The compact SUV will be officially launched on July 17th, featuring Hongqi's new design language. With a wheelbase of 2770mm, the3 holds a significant advantage within its class. The HS3 showcases the latest design language…
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Pacific Securities Covers Xpeng, Expects X9 and G7 Launch in H2
2023-07-20 Trade News / News
The team has set a price target of HK$71.86 for Xpeng's shares traded in Hong Kong, indicating a potential increase of 25.63 percent. China-based brokerage Pacific Securities has initiated coverage of Xpeng (NYSE: XPEV) with a Buy rating and predicts that the electric vehicle (EV) manufacturer will introduce two new…
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Nissan reaches deal with Tesla to adopt North American charging standards from 2025
2023-07-20 Trade News / News
According to news released on July 19, Nissan Motor announced that it has reached an agreement with Tesla to adopt the North American Charging Standard (NACS) starting from 2025. The objective of this collaboration is to provide Nissan owners with more charging options for their electric vehicles. Officials have informed…
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