The author, Mitang, is a NIO ET6 owner and the views expressed in this article are his own. We interviewed Mitang who has been invited for NIO ET7 test drive. Price starting at $71,000 before subsidies, NIO ET7 flagship sedan is said to be competing with Tesla Model S, BMW Series 5 and A6L. Though we have not been able to experience the Lidar and HD camera functions, the test …
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cars
SAIC’s Feb. monthly sale up 180% year-on-year at 45267 deliveries
by SEP Editorby SEP Editor 3 mins readSAIC sold 45,267 new energy vehicles in February, which is up 48.4% from 30,499 units last year, as issued on February report. However, there shows an decrease of 37.3% than in January, with 72,236 NEVs in January. Note that SAIC first released it NEV sales in August 2021, therefore data from March to July in 2021 is not available in our infographic. Among the 381,872 units of all vehicles produced in …
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Power battery and metal raw material prices rose dramatically since last year, the price of NEV’s raw materials hit a new record high On March 7. Why do prices increase? Among all, the price of battery-grade lithium carbonate, which is the main raw material for new energy vehicle batteries, has increased 10-fold in just over a year. Research reported that the rapid rise in the price of lithium carbonate is …
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In recent years, China’s electric vehicles have developed rapidly. From the affordable Wuling MINIEV 2022 Version, Niutron, a mid-level brand that has recently launched its first EV, to HiPhi, which is known as a luxury version of electric vehicles. Earlier, the all-new HiPhi X was officially launched, with prices ranging from $90,226 USD to $126,634 USD, far surpassing the most popular Tesla Model 3 in China, the second cheapest place …
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cars
Scalpers Are Selling NIO ET7 Pre-Orders More Than Doubled The Original Prices
by SEP Editorby SEP Editor 3 mins readAfter the official exposure of NIO flagship sedan model ET7 test drive and delivery date was released, scalpers noticed the popularity of NIO ET7, thus listing their previously successful pre-order NIO ET7 on Alibaba’s second-hand trading platform Xianyu. Given NIO’s limited production capacity and social media buzz showing what appears to be strong initial acceptance of the ET7, those who reserve now may have to wait several months for delivery. …
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cars
Alibaba And SAIC’s Joint Venture Start EV Production Officially
by SEP Editorby SEP Editor 3 mins readJust like Niutron unveiled its first EV before the Beijing Auto Show, China’s biggest online commerce company, Alibaba, announced its first luxury EV has entered mass production and will begin shipping later this month. Actually, Alibaba had already involved the auto market long ago, including investing in XPeng, and signed a strategic cooperation agreement on “internet cars” in July 2014 with SAIC. IM Motors, the joint venture between Chinese carmaker …