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Renault had 'pleasant' discussions with Chinese language funding store

Baua Electric

Renault and CICC reached a initial purpose guarantee to collectively put money into forming an funding capitaltreasury to concentrate on the NEV business chain, Chinese language media reported. The post Renault had 'pleasant' discussions with Chinese language funding store appeared first on Bauaelectric Auto News.

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Tesla Giga Shanghai posted record numbers despite weak Chinese auto market

Teslarati

Tesla Giga Shanghai posted record delivery numbers during an overall weak month for auto sales in China, revealing its strong hold in the local market. . Multiple publications claimed that rising competition with Chinese EV manufacturers may lead to Tesla Giga Shanghai’s presumed production cut in December. compared to 2021.

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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk. ” The post Chinese language EV makers pin hopes on Europe’s auto sellers appeared first on Bauaelectric Auto News. .

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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto

Baua Electric

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Tesla (TSLA) drops on bad Chinese delivery numbers that mean nothing

Baua Electric

It’s not clear why, but some are suggesting bad Chinese delivery numbers are to blame. China is the world’s biggest auto market and by far the biggest EV market. Tesla has heavily relied on the Chinese market for growth in recent years. That leads to production shutdowns, closed stores, and fewer car sales.

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Volvo XC90 plug-in hybrid review, Chinese EV tariffs, retailers shun EV charging: Today’s Car News

Baua Electric

Senators push the idea of new tariffs to keep out Chinese EVs. Big-box retailers, with their big parking lots, could especially be doing more, CR says, while it notes that discount “dollar” stores have done effectively nothing to support EVs. tariff hike on Chinese EVs keep them out? We revisit the XC90 plug-in hybrid.

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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