Sales of new electric vehicles – referred to as new energy vehicles (NEVs) – in China surged in February this year. The retail sales of China’s new energy passenger cars expanded 439,000 units in February, a 61 percent increase over February 2022 according to the China Passenger Car Association (CPCA).
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Speaking at the annual China’s National People’s Congress gathering in Beijing, CEO, Lei Jun said: “Xiaomi’s car manufacturing has progressed beyond expectation and [prototypes] have recently successfully completed winter testing.”
Lei also confirmed Xiaomi had invested more than 3 billion yuan (£360 million) in its electric car division, Xiaomi Automobile, in 2022. He added that staffing of its R&D department had risen to more than 2300 people.
More » Autocar
XPeng Inc. today officially launched its new P7i sports sedan for the Chinese market, bringing to customers its most advanced technologies with upgrades in driver assistance, smart cockpit, performance, and charging efficiency.
XPeng P7i Sports Sedan
Pricing of the new P7i starts at RMB 249,900 (~ CDN$50,000 / €34,000 / US$36,000) and delivery will start this month for customers in China.
Ford is the latest brand to offer discounts on its electric vehicles in China due to increased competition and over supply.
More » Electrek / InsideEVs
In response to changes in customer needs and the business environment, Nissan has revised its plan to further accelerate electrification.
Nissan Motor Co., Ltd. just announced they will be introducing 27 new electrified models, including 19 new EVs, by fiscal year 2030.
In November 2021, Nissan had announced they would have 23 electrified vehicles, including 15 EVs, by 2030.