In 2019, Chinese carmakers sold about $2.2 billion worth of vehicles across Latin America, according to the International Trade Center. By last year, the value of Chinese vehicles sold in the region almost quadrupled to $8.56 billion, accounting for roughly 20 percent of the region's car mark...
mainly because it was the first model that entered the Slovenian market, but also because of its quality, design and favorable price. About 20 percent of MG cars sold are electric, and the Chinese electric car MG4 was the 11th best-selling model in Slovenia last year. ...
Chinese automakers have made remarkable strides holding down costs. China’s BYD last year introduced a small EV called the Seagull that sells for just $12,000 in China ($21,000 for a version sold in four Latin American countries). The Seagull’s lightweight design allows it to go farther...
it was because their products were widely used in the US. But the majority of Chinese-made cars are running inside China. There are barely any Chinese cars being sold in the US today, let alone the latest models. That makes the White House’s position...
Chinese EV makers set eyes on Latin America 中国电动车制造商将目光投向拉丁美洲 Companies pumping in billions to tap into markets in Brazil, Chile, Argentina 车企投资数十亿美元,进军巴西、智利和阿根廷市场 Chinese electric vehicle makers are increasingly focused on Latin America and the Caribbean, inve...
BYD Co. Ltd, the top new energy vehicle (NEV) maker in the world, said it sold 302,459 NEVs, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), in March, increasing 46.06% year-over-year (YoY). The sales more than doubled from a month ago wit...
Shares in Xpeng's rival Li Auto Inc soared more than 50 percent following its debut on Nasdaq on Thursday, after the Chinese automaker sold shares to investors in its 1.1 billion U.S. dollars IPO. Source(s): Reuters RELATED STORIES EU divided on EV tariffs which experts ...
its local market in August 2022. In September 2023, Nezha announced that it had sold over 10,000 units in Thailand. The company is building a factory there. On October 18, its CEO Zhang Yong said that the factory in Thailand is expected to start production in the first quarter of 2024....
The collaboration aims to develop an operating system specifically for Polestar cars sold in China, integrating the latest smart technologies into Polestar vehicles. The new OS will be based on Meizu's Flyme Auto system, which was launched earlier this year, and enable seamless connectivity between...
Thailand was Nezha’s first overseas stop, with the company entering its local market in August 2022. In September 2023, Nezha announced that it had sold over 10,000 units in Thailand. The company is building a factory there. On October 18, its CEO Zhang Yong said that the factory in ...