Recently, Denza Automotive officially released the official pictures of the Denza N9 model. As a large SUV, the new car is positioned as the flagship model of the family, adopting the latest design language of the Denza family, equipped with easy three-way technology, and the power will be available in plug-in hybrid and pure electric versions.

   On 9 October, Geely's new pure electric car GEOME xingyuan was officially listed, and the new car was launched with five configurations, with a limited time first enjoyment price range of 6.98-98,800 yuan.

From 15 to 17 October, the 136th China Import and Export Fair (Canton Fair) will kick off in Guangzhou, attracting buyers and business representatives from around the world. The Canton Fair will continue to showcase the world's leading products and technologies covering a wide range of industries and sectors, making it an important platform for promoting international trade and economic cooperation.

   Geely's new model - Geome Xingyuan will be officially launched on October 9, the car has previously opened pre-sale, a total of five models, range of 310-410km, pre-sale price of 7.88-10.78 million yuan.

    At the 2024 Tianjin Motor Show, the BYD Sea Lion received its public debut. The vehicle has been officially launched previously with four models and a price range of RMB 112,800-142,800. Positioned as a compact SUV, the Hai Lion 05 DM-i will be powered by a 1.5L plug-in hybrid and equipped with BYD's latest DM5.0 plug-in hybrid technology, focusing on fuel economy.

Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), predicted at the World New Energy Vehicle Congress that China’s automobile retail sales will reach 22.3 million units in 2024, a 3% year-on-year increase. Among them, new energy passenger vehicle sales are expected to reach 10.4 million units, a 34% increase. Recent data shows that in August, retail sales of new energy passenger vehicles reached 1.027 million units, a 43.2% year-on-year increase, showcasing strong market vitality.

On 26th September, the EXEED stellar c-dm Electric 4WD was officially launched at the Ningbo International Circuit. This ‘four-engine, four-wheel-drive, ultra-hybrid SUV’ is available in two configurations, namely the ultra-long-range Pro 4WD and ultra-long-range Max 4WD, with the official guide prices ranging from 199,900 RMB to 219,900 RMB respectively. In addition, the 2WD version of the EXEED stellar c-dm is priced from 159,900 RMB to 188,900 RMB to meet the needs of different consumers.

Volkswagen's design director, Andy Mindt, suggests that modern cars don’t need to pursue an aggressive appearance. Compared to sharp lines and angry eyes, Volkswagen focuses more on a friendly design philosophy. For example, the ID. Buzz has received much praise for its cute retro styling, while the GLI and GTI, despite their sporty character, still retain a sense of approachability. In the future, Volkswagen will pay more attention to high-quality materials in its interiors, aiming to provide consumers with a more enjoyable driving experience. The arrival of the electric GTI is particularly exciting, claiming to surpass the traditional gasoline version and offer a more thrilling driving pleasure!

Recently, the first hydrogen refuelling station in Shenyang was officially put into operation, and BMW Brilliance became its first user. This means that BMW Brilliance has become the first automobile OEM in China to use green hydrogen-fuelled trucks for logistics transport.

Hyundai develops firefighting robot to tackle electric vehicle fires, to be put into use by 2026: Hyundai Motor Group has announced a collaboration with the Korean National Fire Agency to develop an unmanned firefighting robot specifically designed to handle electric vehicle fires in underground parking lots, with plans to deploy it by 2026. As electric vehicle fires become more frequent, the South Korean government and local authorities have begun implementing stricter safety management measures to ensure public safety.

ZEEKR Automotive has announced that the right-hand drive version of the ZEEKR 009 has been officially launched in Thailand with a starting price of THB 3,099,000 (approximately RMB 664,000), and deliveries are expected to begin in October this year.

In the wave of global electrification, the European automotive industry is facing a "perfect storm." With stringent carbon emission regulations set to take effect, the dual pressures of insufficient demand and rising costs require the industry to respond flexibly. Major automakers, such as Mercedes-Benz and Volkswagen, are actively seeking policy support to ensure a sustainable future.

In the booming wave of the global new energy vehicle industry, four models - Seal, Qin L DM-i, Model 3 and Deep Blue SL03 - have managed to stand out and take their place in the hotly contested market by virtue of their extraordinary performance, cutting-edge technological innovations, and precise strategic positioning in the market. This article analyses the competitiveness of these four models in depth and explores the reasons behind their sales and future development trends through July 2024 terminal sales data, city sales rankings, and their share in different market segments.

The CIIC integrated intelligent chassis, developed by CATL Intelligent Technology Co., Ltd., is a cutting-edge innovation featuring a decoupled upper and lower body design that significantly shortens vehicle development cycles. Highly integrated and open, this chassis incorporates driving, braking, steering, and suspension systems. It focuses on enhancing vehicle safety, energy efficiency, and intelligent experiences, driving automotive design toward modularization, personalization, and smart technologies.

The U.S. government, through Monroe Capital, has established the $1 billion Drive Forward Fund LP, aimed at helping small and mid-sized auto parts suppliers secure low-cost financing to expand their production of electric vehicle components and diversify their businesses. The fund will offer government-backed loans through the SBA, enhancing the competitiveness of the U.S. auto supply chain. Additionally, Michigan has launched a $9.1 million transition program to support smaller suppliers in accelerating their shift to electric vehicle production.

The U.S. government, through Monroe Capital, has established the $1 billion Drive Forward Fund LP, aimed at helping small and mid-sized auto parts suppliers secure low-cost financing to expand their production of electric vehicle components and diversify their businesses. The fund will offer government-backed loans through the SBA, enhancing the competitiveness of the U.S. auto supply chain. Additionally, Michigan has launched a $9.1 million transition program to support smaller suppliers in accelerating their shift to electric vehicle production.

On the afternoon of September 20, 2024, the founding conference of the Henan Used Car Export Committee and the Henan Used Car Export Summit Forum successfully took place at the Maika Auto Cultural Park in Zhengzhou. The event, themed "Exporting Dreams, Creating the Future," gathered industry elites to explore new opportunities and challenges in the used car export sector.

According to Automotive News Europe, the Volkswagen Group's Pamplona plant in Spain has ceased production of the Polo compact car in favour of an affordable all-electric compact car. However, the Volkswagen Group is still selling Polo cars in Europe that were built at the Kariega plant in South Africa.

ONVO L60, the first mid-size SUV from NIO's new brand Ledo Motors, has been officially launched, priced at Rs. 206,900 - Rs. 235,900. With the Baas rental electricity model, the price of entry is further reduced, starting at 149,900 yuan, with a standard range battery and a monthly battery rental fee of 599 yuan, and a long range battery and a monthly battery rental fee of 899 yuan.

On September 18, local time, Chinese Minister of Commerce Wang Wentao hosted a symposium on China-EU electric vehicle industry chain enterprises in Brussels, Belgium, to conduct exchanges on properly resolving the EU's anti-subsidy case against China's electric vehicles and continuing to deepen cooperation in the China-EU electric vehicle industry chain.

On 18 September local time, China's Minister of Commerce Wang Wentao hosted a Sino-European Electric Vehicle Industry Chain Enterprise Symposium in Brussels, Belgium. Nearly 30 Chinese and European electric vehicles, power batteries and parts enterprises and related industry associations attended the meeting. Representatives exchanged views on the proper resolution of the European Union's countervailing case against China's electric vehicles, and continued to deepen the cooperation between the Chinese and European electric vehicle industry chain.

Even if the U.S. raises tariffs on Chinese electric vehicles to 100%, Chinese electric vehicles will still hold a price advantage in the U.S. market compared to domestic competitors. For instance, after the tariff adjustment, BYD's price will rise to about $24,000, still much lower than the Tesla Model 3's starting price of $30,000. While the U.S. aims to boost the competitiveness of domestic electric vehicles through tariffs, China's mature supply chain gives it a clear cost advantage. For U.S. consumers, rising prices may increase financial pressure and could impact the pace of the clean energy transition.

​​​​​​​A few days ago, GAC AION's first flagship showroom in Makati City, the core business district of Manila, the capital of the Philippines, was officially opened, a move that signalled AION's formal entry into the Philippine market.

The United Auto Workers (UAW) recently accused Stellantis of violating the labor contract reached last year because the company did not provide future product plans and planned to move the Dodge Durango production line out of the United States. The UAW said it had filed a lawsuit with the National Labor Relations Board, while Stellantis denied violating the contract and said it would communicate with the union as planned. Tensions between the two sides escalated, and the UAW even threatened to launch a nationwide strike.

Volkswagen Group Chairman Hans Dieter Pötsch recently urged the EU to reconsider its emissions targets and provide clearer guidance to the automotive industry. For more details, check out this article.

The EU is conducting an anti-subsidy investigation into Chinese electric vehicles and has rejected the minimum price commitments proposed by Chinese manufacturers. The EU may impose tariffs of up to 35.3% on Chinese electric vehicles, which could impact EV trade between China and the EU. For more details, please see this article.

On 13th September, VOYAH Zhiyin Global Edition will be premiered at the 2024 Turin Motor Show in Italy. The new car will be named ‘Courage’, which appropriately conveys VOYAH's confidence as a Chinese premium brand and its fearless determination to face the global market. According to sources, the price of VOYAH Zhiyin Global Edition Courage will be more than 50,000 euros in high configuration, which is equivalent to about 400,000 yuan.