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Price wars fail to boost China's auto consumption

CN EV Post

Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show The post Price wars fail to boost China's auto consumption appeared first on CnEVPost.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US. seconds and the long-range version at 5 seconds. ($1

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Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port

Green Car Congress

Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. in Xi’an, China to deploy autonomous trucks for an upcoming project in one of the biggest ports in China. Shaanxi Heavy Duty Automobile Co.

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. billion by 2030 if the advanced driver-assist suite sees increased adoption among the company’s customers in China. The post Tesla FSD in China could add $2.3 Don’t hesitate to contact us with news tips.

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How China beat everybody to be international chief in electrical automobiles

Baua Electric

Within the race to shed carbon emissions, international locations from the United States to Untouched Zealand are meting out incentives to spur electric-vehicle gross sales — ways China impaired for years because it became the largest EV marketplace on Earth. Analysts be expecting some consolidation is looming for the trade in China.

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SAIC plans Eu manufacturing facility for MG automobiles regardless of upper prices

Baua Electric

LONDON — MG has admitted it is going to most likely price the corporate extra to develop automobiles in a deliberate Eu manufacturing facility when compared with China however says the advantages will outweigh the negatives. “I The benefits to construction in Europe instead than China would be the elimination of a ten p.c

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said. Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies.