Wang recalled his initial collaboration with BYD a decade ago at the Denza N9 launch event, expressing regret over not investing in the company at that time.

Sunwoda and CALB will supply batteries for the first model under Xiaomi's new sub-brand, Skynomad.

The Denza N9 SUV's flash charging edition starts at 409,800 yuan ($60,260), significantly lower than its previously announced pre-sales price.

The Wey V9X is the first mass-produced model on GWM's new Global One S platform, with a starting price of 349,800 yuan ($51,370).

Xpeng acquired a 90.1% stake in Indonesian auto assembly entity EIDO.

Xpeng plans to launch pilot robotaxi operations in the second half of this year to validate technical viability, user acceptance, and its business model.

BYD won second-instance judgment against a prominent auto blogger, securing 2 million yuan ($293,510) in damages.

The move is expected to further elevate Nio ES8's brand image in the premium executive market.

The luxury sedan is expected to be priced at around 2 million yuan ($293,580).

Deutsche Bank expects Onvo L80 monthly sales to reach around 10,000 units in the short term before stabilizing at about 4,000 units.