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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV for sale to customers in Germany. 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market.

Dealers 107
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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. However, BYD’s delivery estimates for 2024 are a third of 2023’s sales growth, which was 62.3%. The Chinese automaker estimates account for some challenges BYD expects this year.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. Beyond that it has a variety of existing models it could add here quickly including the Mini-sized T03 electric car that has already been confirmed for European sale.

Australia 110
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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. In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.

Dealers 120
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China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says

CN EV Post

Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said. The post China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says appeared first on CnEVPost. For more articles, please visit CnEVPost.

China 118
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Chinese automaker Great Wall taps Emil Frey to distribute its EVs in Europe, beginning with Germany

Electrek

Chinese automaker Great Wall Motor has announced its next steps in previously laid out plans to expand EV sales to markets in Europe. Beginning with Germany, Great Wall has recruited the services of Emil Frey – the EU’s largest car dealer group to help distribute vehicles from the Ora and Wey marques.

Germany 100
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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

Many market players look to Chinese lithium spot prices as a bellwether of market health and therefore the continued decline of lithium prices in China has put mounting pressure on the global lithium market, CRU says. Chinese EV sales through to July totalled 696,000 this year. Although this marks an impressive 41.5%

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