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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

In January-February, Chery's NEV sales were 13,293 units, down 57.6 Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. For Chery, its performance at the beginning of the year was weak.

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China Car Sales Likely Hit New Record in April

Green Car Congress

China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. Sales of China’s Chery, which makes cars with small engine capacities, hit a record high of more than 42,000 units in April.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. Around 2% of all cars sold were electric.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

and Chery Automobile Co. The government sees environmental upsides and a chance for its car makers to gain ground on foreign rivals, since electric vehicles are simpler to engineer than gasoline-engine ones. But the gasoline engine in the BYD rattled and could be noisy when it kicked in, the reviewers said.

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Polestar’s plan to survive and thrive: How an idiosyncratic EV start-up will carve its place in the electric space

EV Central

China is firing up with a barrage of brands set to infiltrate Australia – Leapmotor, Xpeng, Zeekr, Lynk & Co among them – and relative newcomers such as BYD, Chery and GWM are forecasting big sales growth as more EVs head our way. Blame it on competition. That’s the job of Volvo.”

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New EV electric car calendar

EV Central

Alpha Ace Coupe – imagine a full-sized Aussie Racing Car but with an electric motor instead of a bike engine. Aston Martin Valhalla – AMG V8 engine heavily tweaked by Aston Martin topped off with two electric motors. V12 engine meets electric power for F1 pace. Chery has big plans for Australia.