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Geely's expansion may boost Brazil EV market
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Avatr, a high-end brand created by a team of Chinese industrial giants, just showed off the updated Avatr 12. The brand is a group effort between battery maker CATL, car giant Changan, and tech wizard Huawei. The company has recently sent images and details of the refreshed model to the Chinese MIIT for approval - these filings tell us a lot about what is coming next for this sleek machine. The big headline is power. Lots of it. The new Avatr 12 (first unveiled in 2023) lineup includes a monster battery version with three motors. It also adds a version that uses a gas engine to help charge the battery, showing that Avatr wants to grab more buyers in the crowded Chinese EV market. The company plans to sell these new models for a price between RMB 300,000 and RMB 320,000. That converts to about €36,600 to €39,000. It's not the usual bargain we are used to, but for what you get, that price tag looks very aggressive.2026-01-12 • zeenews.india.com
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