Lei Kang

  • Nio's battery swap network completes coverage of China's major highways

    Nio's battery swap network has completed coverage of 18 of China's busiest highways, reaching 913 stations along them.

  • Avatr closes $1.5 billion in new funding, targets 2026 IPO

    Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.

  • Huawei, JAC joint brand Maextro sees 1st factory set up

    Huawei unveiled the Maextro S800 on November 26, targeting the luxury executive sedan market with an estimated price tag of RMB 1 million to RMB 1.5 million.

  • Chery's new iCar brand launches 2nd EV model iCar V23 with starting price of $13,700

    The iCar V23 is iCar's second model, after the iCar 03, and is aimed at fashion-conscious young people.

  • BYD enters Estonia, local deliveries to start in early 2025

    The first two BYD stores opened in Estonia and began pre-sales of four BYD NEV models.

  • BYD's largest production base has made over 1 million cars this year

    BYD's Xi'an plant has four assembly lines in production at the same time, with output reaching 4,000 to 4,400 vehicles per day.

  • Nio surpasses 2,800 swap stations in China

    Nio has added 62 battery swap stations in China so far this month, and aims to add about 200 in total this month.

  • Huawei signs deal with Avatr to explore new partnership model

    The Avatr 06 sedan is expected to be the first product under the new partnership model, according to local media.

  • BYD enters Oman market with launch of 5 models

    BYD has launched the Han, Yuan Plus, Sealion, Song Plus DM-i and Qin Plus DM-i in Oman and plans to introduce the Sealion 07 in the local market next.

  • Gotion unveils plans for battery plants in Slovakia and Morocco

    The combined investment in the two battery plants is 2.514 billion euros ($2.6 billion), both with an annual capacity of 20 GWh.