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

CN EV Post

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. Chery New Energy announced today that official guide prices for three of its NEV models has been cut by up to 9,000 yuan ($1,310) starting at 00:00 on March 27.

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UQM Technologies Receives Order for 50+ Electric Drive Systems from International Automobile Company

Green Car Congress

has received an initial order for more than fifty PowerPhase electric propulsion systems as part of the fleet build and vehicle development activities of an established international automobile manufacturer. Introduction of this vehicle is targeted for 2012 and we have quoted delivery and price for over 25,000 systems.

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent year-on-year and 23.6 percent from February.

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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.

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China to allow extended sales periods for ICE models based on existing emissions standard, report says

CN EV Post

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war.

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China NEV sales at 525,000 units in Feb, up 28.7% from Jan, CAAM data show

CN EV Post

percent from January, according to data released today by the China Association of Automobile Manufacturers (CAAM). In the first two months, sales of models priced at RMB 150,000 ($21,540) to RMB 250,000 and those priced at RMB 350,000 to RMB 500,000 increased year-on-year, while sales of models in other price segments declined.

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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

percent from February, according to data released today by the China Association of Automobile Manufacturers (CAAM). China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent year-on-year and up 24.4 Production of all vehicles in China was 2,584,000 units in March, up 15.3 percent year-on-year and 27.2

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