Lei Kang

Denza and Fang Cheng Bao are recruiting dealers, becoming the latest Chinese auto brands to abandon their direct-only sales model.

The model Zhiyin will be built by Voyah in collaboration with Huawei and is currently in the production validation phase, according to local media.

The Leapmotor C16 is a 6-seat SUV aimed at the family market, and will be offered in EREV and BEV variants.

CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.

Excluding exports, domestic NEV sales were 856,000 units in May, up 40.8 percent year-on-year and up 16.3 percent from April.

The 5-seat Bao 3 measures 4,605 mm in length, weighs 2,150 kg and supports a top speed of 201 km/h.

China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date.

The Xpeng M03 is powered by two different motors with peak power of 140 kW and 160 kW, respectively. It has lithium iron phosphate batteries from BYD.

Nio's fourth-generation battery swap stations are more open, supporting service for multi-brand vehicles with more battery pack sizes.

In the first quarter of this year, Xpeng's exports reached 61.8 percent of the full year 2023, the company said.