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Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say

Exclusive-China’s Nio turns to rival BYD to power new EV brand,...

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China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla, three sources with direct knowledge of the matter said. It also shows the impact of unrelenting competition over the price of new EVs in China's market, and batteries, the largest single cost in a new vehicle. Nio, which launched as a start-up a decade ago, had intended to produce batteries in-house but abandoned those plans in December as it shifted its focus to cutting costs to reverse losses.
Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say By Reuters

Exclusive-China’s Nio turns to rival BYD to power new EV brand,...

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Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say

HONGQI Unveils The Latest Product Matrix at Auto China 2024

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/PRNewswire/ -- The prestigious HONGQI participated in the grand 2024 Beijing International Automotive Exhibition held at the Beijing International Exhibition...
FAW Bestune Pony to begin presales April 30

FAW Bestune Pony to begin presales April 30

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FAW Bestune Pony (Xiaoma) to begin presales on April 30. New micro EV competitor for the Wuling Hongguang Mini EV.

The post FAW Bestune Pony to begin presales April 30 appeared first on CarNewsChina.com.

Foreign automakers eager for Chinese partners at Beijing auto show

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Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.

Volkswagen showcases 17 vehicles models at Auto China 2024

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Shanghai (Gasgoo)- From April 25 to May 4, Volkswagen Group is showcasing 17 car models at the Auto China 2024 in Beijing, where the ID. CODE concept car made

Toyota Exhibiting at Beijing Motor Show 2024 | Corporate | Global...

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Toyota Motor Corporation (Toyota) is exhibiting at the 2024 Beijing International Automotive Exhibition to showcase its efforts in China, centered around intelligence, electrification, and diversification, as part of the transformation into a mobility company. The exhibit also highlights the company's creation of new value through products and services tailored to customer needs.

Toyota bZ3C, bZ3X Make Global Debut At Beijing Motor Show In...

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Toyota has unveiled the bZ3C and BZ3X electric vehicles designed for the Chinese market. Presented at the Beijing Auto Show in their production-spec version, the cars are expected to be launched in China within a year., Electric Vehicles News - Times Now
Hongqi shows 3 concepts at 2024 Beijing Auto Show

Hongqi shows 3 concepts at 2024 Beijing Auto Show

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FAW owned Hongqi showed three concepts for future cars at the 2024 Beijing Auto Show. Production versions likely soon.

The post Hongqi shows 3 concepts at 2024 Beijing Auto Show appeared first on CarNewsChina.com.

Hongqi EH7 convertible debuts at the BJ auto show

Hongqi EH7 convertible debuts at the BJ auto show

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Hongqi, the luxury sub-brand under China’s FAW Group, announced the official debut of the Hongqi EH7 convertible at the 2024 Beijing Auto Show. This new variant of the EH7 sedan adds a touch of open-top driving to the lineup, which was originally introduced on March 20 without this option. The convertible EH7 builds upon the […]

The post Hongqi EH7 convertible debuts at the BJ auto show appeared first on CarNewsChina.com.