NIO, Xpeng, BYD, MG, MAXUS, LYNK & CO, AIWAYS, GWM and Hongqi represent a handful of Chinese brands that have “charged” into the European battleground for EVs. Each has adopted its own unique approach to tackling the local market with the intention of expanding to additional developed markets in other parts of the world including ultimately the U.S.
On May 14, Toyota officially launched its all-new bZ4X BEV in Japan.
Roughly two weeks earlier on April 28, Toyota began pre-sale of the locally produced model in China through its two joint ventures – FAW Toyota and GAC Toyota – via a “twin model” strategy that is often deployed by foreign automakers there.
China saw 199% rise in NEV tucks sales in 2021, and there are more and more electric trucks with battery swapping technology on the road. Lei Xing, the former chief editor of China Automotive Review, discusses the latest situation.
Geely made a big splash recently when its commercial vehicle arm Farizon Auto unveiled its next generation smart new energy semi-truck, the Homtruck, in early November.