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Hyundai PALISADE debuts in China

PALISADE is a large and medium-sized SUV under Hyundai Motor. Its competing models are Ford Explorer and Chevrolet Blazer equivalent products. PALISADE has not yet been introduced into China for sale. On July 31, IIA learned from Hyundai that PALISADE (Korean version) was officially unveiled in China and will be introduced as an import. After entering the domestic market, the new car will be in the same market segment as Volkswagen Teramont, Buick Enclave and Ford Explorer.

English2020-07-31 16:33:32

Li Auto is listed on NASDAQ with market value of over USD 9.7 bln

On July 30, IIA learned Li Auto was officially listed on NASDAQ under the stock code "Li", the listing price was $11.5/ADS, and the market value was $9.724 billion. At this point, Ideal has become the second new car company listed in the United States after NIO.

English2020-07-31 14:01:11

New Mercedes-Benz T-Class to be unveiled in 2022

It is reported that Mercedes-Benz will launch a new T-class model, which is positioned as a compact MPV derived from the commercial Mercedes-Benz Citan. The first model may be unveiled in 2022.

English2020-07-29 16:12:25

Hongqi electric SUV real car photos exposed

IIA has recently obtained a set of photos of the Hongqi E-HS9 real car. The overall shape of the new car is solemn and elegant, and the front face is full of aura with a large waterfall-style grille. In terms of power, E-HS9 will be equipped with a motor on the front and rear axles. The maximum cruising range is expected to exceed 600km, and the acceleration time from 0 to 100 km/h may be less than 4 seconds.

English2020-07-28 14:19:39

Is the new Land Rover Defender expensive?

"The spirit totem of the Land Rover brand"-a new generation of Defenders finally launched at the Chengdu Auto Show. This legendary model not only has unprecedented off-road performance, but also has a set of extraordinary and exquisite hunting outfits. The price of the 110 five-door version in the Chinese market is between 778,000 yuan and 958,000 yuan. It has become a highlight of the luxury SUV market recently.

English2020-07-27 14:09:06

Tesla's Q2 revenue was USD 6.036 billion, made profit for 4 consecutive quarters

Tesla released its 2020 Q2 financial report. It is reported that Tesla’s Q2 revenue reached USD 6.036 billion and net profit was USD 104 million. It has made profit for 4 consecutive quarters. Affected by the new crown epidemic in Q2, Tesla's Fremont plant stopped production, and the Shanghai Gigafactory became the main force for delivery.

English2020-07-23 11:52:53

Xpeng raises around $500 mln in a C+ round financing

On July 20, IIA learned from Xpeng that the Chinese EV maker announced the completion of the signing of a C+ round of financing involving well-known investment institutions such as Aspex, Coatue, Hillhouse Capital, and Sequoia Capital, with a financing amount of nearly USD 500 million.

English2020-07-20 14:09:22

Official photos of the new Toyota Camry revealed

IIA obtained a set of official pictures of the new Camry, US version. Seeing from the picture, the front face of the new car has been redesigned, and the larger vents on both sides make the car sportier. For the interior, the new Camry is equipped with a new style of seats, and the details of the center console have been adjusted. In terms of power, the car provides 3.5L V6, 2.5L four-cylinder and 2.5L hybrid power combinations.

English2020-07-17 17:37:09

SAIC and China BaoWu cooperate in hydrogen energy industry

It is reported that Shanghai Automobile Group Co., Ltd. (SAIC) and China BaoWu Steel Group Corporation Limited (China BaoWu) formally signed a comprehensive strategic cooperation framework agreement.

English2020-07-16 14:03:34

WM's sales hit a new high in June, up 77.8% MoM in Q2

IIA learned from WM Motor that the automaker's sales in June reached 2,028 vehicles, an increase of 34.9% month-on-month, and it has achieved month-on-month growth for four consecutive months. Although the emergence of COVID-19 has brought a certain impact to the automobile industry, but as the epidemic gradually improved, the automobile market has gradually recovered.

English2020-07-07 16:58:16

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