The intelligent features in demand also include facial recognition, over-the-air software upgrades, phone-linked features and self parking. “Intelligent…
China’s EV market is expected to maintain strong growth momentum in the fourth quarter of 2023, thanks to new launches and discounts offered by carmakers, industry players and observers said.
“Some electric car makers are resorting to the low price strategy to bolster sales because a discount makes their products attractive to budget-conscious…
Chinese EV start-up Nio predicts its deliveries will soar by as much as 80 per cent as it reported a net loss for the second quarter that had widened by 27.8 per cent on the year to 6.1 billion yuan (US$836 million).
Tesla has cut prices of the Long Range and Performance versions of the Model Y SUV by 4 per cent each. The move follows cuts by Chinese EV makers who have slashed prices of some models by up to 10 per cent.