Lei Kang

China's retail penetration of NEVs was 50.39 percent in April 1-14, and 38 percent year-to-date.

The Qin L will be unveiled at the Beijing auto show and will likely be equipped with BYD's 5th generation DM-i hybrid technology, said local media.

Honda has unveiled a new EV brand in China called Ye, its third in the country to target the EV market after e:N and Lingxi.

The Denza Z9GT is powered by three electric motors, including one front motor and two rear motors, with peak power of 230 kW, 240 kW and 240 kW respectively.

Citi analysts in a research note earlier this month expected the SU7 to deliver around 55,000 to 70,000 units for the full year.

Jaguar Land Rover will become the first luxury automaker to adopt Chery's platform, with the partnership close to being finalized, according to local media.

The 2024 ET5 and 2024 ES7 will make their debut in China, while the 2024 ET7 will also be launched in China at the Beijing auto show.

Previous rumors have suggested that the Qin L would be one of the first models to feature BYD's next-generation hybrid system, DM 5.0.

Baojun will accelerate product launches based on its new Tianyu architecture, with plans to release a cumulative total of four new models this year, including today's two.

Fang Cheng Bao will hold its spring launch event on April 16, and the Bao 8 and Bao 3 could be the highlights.