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Ma Xi · 2024-12-24
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Chinese NEV start-ups released their August sales data, showing Leapmotor breaking 30,000 units while HIMA lags behind Li Auto. Divergent trends emerge between first and second-tier automakers.
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The China Passenger Car Association reports a 2% increase in retail sales for September 2024, while GAC Group announces significant investments in autonomous tech, and Xpeng unveils the AI-powered P7+.
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A GEVA survey reveals 92% of electric vehicle (EV) drivers plan to continue using zero-emission vehicles, highlighting cost savings and environmental benefits as main motivations.
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SAIC Group to Build MG Cars Factory in Spain by 2027
China's SAIC Group plans to build its first European electric vehicle factory in Spain, targeting MG cars production by 2027. The decision comes amid high EU tariffs on China-made EVs.
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