Tesla launches updated Model 3 Performance in China with starting price of $46,360
Deliveries of the updated Model 3 Performance, the sedan's most powerful variant, in China will begin in the third quarter.
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BYD to debut new concept Ocean-M at Beijing auto show
The Ocean-M will be based on a new all-electric platform and is the industry's first rear-wheel drive all-electric performance hatchback, according to BYD.
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Xiaomi to launch electric SUV and plans lower-priced model, report says
Xiaomi's third model will be in the RMB 150,000 class, and the company has set a high estimated production and sales target for the affordable model, according to local media.
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China EV insurance registrations for week ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470
Li Auto's insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng's were 2,460, up 55.7 percent from the previous week.
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Autonomous driving startup Pony files with Chinese securities regulator for US listing
Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange.
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Huawei-backed Aito launches updated M5 SUV with starting price of $34,470
Volume deliveries of the updated Aito M5 will begin on May 15. Customers who order the model before May 31 will receive RMB 37,000 worth of entitlements.
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Nio offering incentives to lure Xiaomi SU7 order holders, report says
For customers who have already ordered Xiaomi SU7, Nio's offline stores are offering a subsidy of RMB 5,000 to entice them to switch to Nio models, according to local media.
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Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
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Xiaomi aims to deliver 100,000 SU7 EVs this year
As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference.
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Changan's NEV arm Deepal plugs into Nio's charging network
Starting in May, Nio's more than 20,000 charging piles will begin serving 200,000 Deepal owners.
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