Industry News

China NEV retail at record 1.2 million in Oct despite penetration pull-back

Retail sales of new energy vehicles (NEVs) in China hit a new high in October, marking the third consecutive month with over 1 million units sold. This surge represents a…

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Lasted Industry News

Mercedes reportedly delays production of all-electric CLA sedan in China due to software issues

German luxury carmaker Mercedes-Benz has encountered a setback in the production of its all-electric CLA sedan in China. The production…

China NEV retail reaches record 1.3 million in Dec while penetration continues to decline

China's retail sales of new energy vehicles (NEVs) reached a new high in December, with passenger NEVs totaling 1.302 million…

Great Wall Motor creates new unit to target ultra-luxury market, report says

Great Wall Motor, a leading automaker, has recently made a significant move by creating a new business unit dedicated to…

China NEV retail at record 1.38 million in Dec, preliminary CPCA data show

China's electric vehicle (NEV) market in China continues to show impressive growth, with retail sales hitting a record high of…

Hesai unveils AT1440 LiDAR with 1440 channels at CES 2025

Hesai, a leading Chinese LiDAR manufacturer, recently made waves at the Consumer Electronics Show 2025 (CES 2025) with the unveiling…

Hongqi launches Tiangong 08 all-electric SUV, priced from $32,730

China FAW Group's Hongqi brand has unveiled the Tiangong 08, a new all-electric mid-to-large-size SUV that promises an impressive blend…

RoboSense unveils EM4 LiDAR with world’s most laser channels

RoboSense, a leading LiDAR technology company, has recently introduced its latest innovation, the EM4 LiDAR. This groundbreaking product boasts an…

China auto market sees 227 models with price cuts in 2024

The Chinese auto market witnessed a surge in price cuts for various models in 2024, with a total of 227…