Quick News
Beijing Hyundai sold Chongqing factory for 226 million USD, less than half of its initial listing price
Initially, Beijing Hyundai hoped to sell the factory for 513 million USD, but no one showed interest, so it had to lower the price.
Tesla lowered the prices of Model 3 and Model Y in China, but the lowered Model Y became more expensive
The overall price reduction this time is relatively small, and the purchase price of Model RD has also increased.
Top-Selling car brands in Q4 2023 in China – BYD first, VW second, Toyota third
Car sales in the Chinese market recovered this quarter, with total market sales increasing by 14.2%, and 8 of the top 10 auto brands growing.
BYD’s first transport ship EXPLORER NO.1 has been delivered and left the port
BYD EXPLORER NO.1 can load 7,000 vehicles at a time, and its maiden voyage will be to Europe.
Top-Selling car brands in December 2023 in China – BYD first, VW second, Toyota third
BYD has been the best-selling brand by volume for 11 consecutive months. Tesla Model Y remained the best-selling model.
Chinese car companies BYD and Geely Lead Israeli Electric Vehicle Sales in 2023
Among the top 10 best-selling brands in Israel, Chinese brands already occupy 3 seats.
BYD sold 3.02 million vehicles in 2023, up 61.9%
BYD has achieved its sales target of 3 million vehicles set at the beginning of 2023. Sales include 1.57 million pure EVs.
BYD delivers the first batch of 20 pure electric buses to Mexico
Currently, BYD's electric buses have reached more than 400 cities in more than 70 countries and regions around the world.
Wuling Bingo EV launched in Indonesia: blind ordering exceeded 3,000 units in one month
Wuling is currently the largest player in the Indonesian EV market, owning more than half of the local EV share.
FAW-VW ID.7 VIZZION officially launched in China, starting at 32,000 USD
Although the price of ID may be much lower than in Europe, it is still higher than the expectations of many Chinese consumers.