Lei Kang

China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.

Huawei and M-Hero are still discussing specific partnership models, with those based on parts supply or the HI model being prioritized.

ET5 Touring, ES6, EC6, EC7, ES8 all have wait times of 2-4 weeks, while the ET5 has 9-11 weeks and the ES7 11-13 weeks.

Xpeng established dealer partnerships in the UAE, Egypt, Azerbaijan, Jordan and Lebanon, with plans to expand to other European markets including Germany, the UK, Italy and France this year.

The Zeekr 001, Zeekr's first model, was launched on April 17, 2021 and has been the company's main seller.

China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday.

Buick has become the latest to join the price war, with significant price cuts for all four trims of the Electra E4.

From February 8-17, Li Auto owners drove 74.73 million kilometers with the AD assisted driving system turned on, including 49.54 million km of NOA mileage.

Deepal has lowered the starting price of the SL03 BEV by RMB 7,000 and is offering customers an additional RMB 10,000 cash discount.

Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models.