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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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ACEA study finds 100-fold increase in zero-emission trucks needed in EU fleet in 10 years to meet goals

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) has found that there are currently 6.2 The European Automobile Manufacturers’ Association (ACEA) is the Brussels-based trade association of the 16 major car, van, truck and bus manufacturers in the EU. Diesel buses still account for 94.5%

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Tata launches $10,000 Tiago.ev electric city car with 250km of Range

Electric Cars Report

Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, today announced the launch of the newest member of its EV family – The Tiago.ev. With special introductory prices starting INR 8.49 Lakh (about $10,000 USD), bookings for the Tiago.ev will start on October 10, 2022.

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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 Ministry retracts pricing pledge for local automakers, citing anti-monopoly law

Electrek

more… The post China Ministry retracts pricing pledge for local automakers, citing anti-monopoly law appeared first on Electrek.

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

Teslarati

The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. Combined with recent price cuts in China (by RMB 14,000, or ~$1,930), this could spur volume growth,” Bank of America noted. Don’t hesitate to contact us with news tips.

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