Lei Kang

Lotus CEO called the move a major brand revival milestone and said the brand sold more than 2,000 units worldwide in December.

Wuling's move brings the price of an electric model with a range of 500 km below RMB 90,000 yuan.

Tesla will begin deploying V4 Superchargers in China in 2025, and will open them up to other brands.

For the full year 2024, Avatr sold 73,606 vehicles, up 132.47 percent from 2023.

Voyah delivered 85,697 vehicles for the full year 2024, falling short of its 100,000-unit target.

For the full year 2024, Leapmotor delivered 293,724 vehicles, above its target of 250,000 units.

Customers who buy a Nio-branded or Onvo-branded model in January can take advantage of benefits including a 3-year 0-interest rate financing plan.

MG will first produce the new-generation MG5 model in Egypt, with the local plant having an initial annual capacity of 50,000 units.

Nio today added a record 64 battery swap stations in China, bringing the total number to 2,995.

Tesla has begun trial production at the factory, which produces energy storage products and is expected to start mass production in early 2025.