CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec
China's auto market is expected to continue to show seasonality at the start of the year, with overall passenger car retail sales expected to be around 1.75 million units, down 33.6 percent from the previous month.
Li Auto opens its 1st overseas R&D center in Germany
- Li Auto opened an R&D center in Munich, Germany, which it said is the first step in its global R&D strategy.
- The German team will help Li Auto gain insights into the European market and build development and testing capabilities based on European automotive regulations.
BYD debuts Han L, Tang L as its new push in China's premium EV market
- The Han L and Tang L are the new flagship models of BYD's Dynasty lineup, targeting the premium segment with prices in the RMB 300,000 ($40,930) class.
- The exact prices of Han L and Tang L were not announced today and are expected to be known at a new event in March.
China's NEV ownership exceeds 30 million units
China's BEV ownership stood at 22.09 million units at the end of December, accounting for 70.34 percent of the total 31.4 million NEVs.
BYD Shenzhen, world's largest car carrier, ready for operation
BYD Shenzhen completed its undocking and is the world's largest ro-ro ship to date, with a capacity of 9,200 vehicles.
Arcfox plugs into Nio's charging network
BAIC's EV unit Arcfox has plugged into Nio's charging network, becoming the 16th brand to do so.
Neta sells nearly 30,000 cars overseas in 2024, aims to double in 2025
- Neta sold nearly 30,000 cars overseas in 2024, with overseas sales channels growing to 184.
- In 2025, Neta will increase its efforts in overseas markets, aiming to double its overseas sales.
BYD launches Sealion 07 EV in Mexico, Yangwang U9 makes local debut
The Sealion 07 EV has been rebranded as the Sealion 7 in Mexico with a starting price of 949,800 Mexican pesos ($46,200).
Nio expected to be included in HK's Hang Seng Index, says CICC
ETFs tracking the Hang Seng Index currently stand at about $27.53 billion, according to CICC.
Ehang completes maiden flight of unmanned eVTOL in downtown Shanghai
- Ehang completed the maiden flight of the EH216-S in downtown Shanghai, where it will start a regular trial run of eVTOL sightseeing tours.
- This will prepare Ehang for the next step of commercializing air cab operations in Shanghai.
