article thumbnail

XPeng at Beijing Auto Show: 2K pure vision ADAS, neural network, 1km/sec fast charging, and a new AI-driven EV sub-brand [Video]

Baua Electric

XPeng Motors kept things relatively short but sweet during its 20-minute presentation at the 2024 Beijing International Auto Show earlier today, but there’s a lot to get excited about following several updates from XPeng founder, chairman, and CEO He Xiaopeng, including an “entirely new breed” of EVs under a new sub-brand.

Auto 52
article thumbnail

Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. Meanwhile, vans, minivans and luxury full-size SUVs had the lowest incentives, all less than 1% of ATP. of total sales in November from 17.8% in October.

Price 210
article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. With regard to what would happen to government subsidies for the automotive industry in their respective countries, executive were mixed. Investments. US automaker gains in market share.

Global 218
article thumbnail

Die some other year: Hengchi 5 resumed manufacturing within the Tianjin plant

Baua Electric

Their automobile industry construction is just a little difficult – the auto unit is known as Evergrande Fresh Power Auto (Evergrande Auto). The Evergrande Crew and Evergrande Auto are indexed one after the other at the Hong Kong Conserve Alternate. It consisted of sedans, coupes, SUVs, and MPV (minivans).

article thumbnail

China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. People’s Daily. Official figures for vehicle production and sales are scheduled for release next Monday.

article thumbnail

How Elon Musk remodeled the automobile trade

Baua Electric

It will most likely assemble sense to create a compact automotive in addition to a van or minivan,” Musk mentioned in September 2020 in a – uncommon – interview with Automobile Information Europe sister newsletter Automobilwoche. Musk pumps between six and 7 billion greenbacks into Tesla’s industry each occasion.

article thumbnail

Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

The state parent of China’s Chang’an Automobile Group is taking over five vehicle units of the Aviation Industry Corp of China (AVIC) to create the third-largest automaker in China. China wants to cut the number of its major auto groups to 10 or fewer from the existing 14 over the next three years through mergers and acquisitions.

China 186