Lei Kang

Earlier this month, Nio issued a rare profit alert, projecting fourth-quarter non-GAAP operating profit between RMB 700 million and RMB 1.2 billion.

This indicates Giga Shanghai currently has ample production capacity, with the order backlog largely cleared.

The Hongguang Mini EV family sold 435,598 units in 2025, with cumulative sales surpassing 1.85 million units since its July 2020 launch.

Nio's daily battery swap volume hit new records five consecutive days from February 18 to February 22, peaking at 177,627 swaps.

Xpeng's humanoid robot production base will span about 110,000 square meters, covering processes from R&D to large-scale manufacturing.

SAIC Audi is offering limited-time promotions of up to RMB 30,000 ($4,370) on the AUDI E5 Sportback this month, lowering the model's starting price to RMB 205,900.

BYD's new car registrations in Europe reached 18,242 units in January, higher than Tesla's 8,075 units.

Changan said its solid-state battery project is progressing steadily, with plans to validate the technology in robots and vehicles by the third quarter of this year.

Beijing Benz is recalling 19,481 locally produced EQA and EQB vehicles to replace their high-voltage batteries.

Voyah turned a profit in 2025, reporting net income of RMB 1.02 billion.