Lei Kang

Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.

The Z9GT is based on BYD's e3 technology, with power up to nearly 1,000 hp. Denza will hold a technology launch event about the Z9GT in May, and the model's official launch will be at the end of the year.

The Qin L DM-i and Seal 06 DM-i are both mid-size sedans that will both go on sale in the second quarter and are expected to feature BYD's fifth-generation DM hybrid technology.

Li Auto said it won't launch a lower-priced Air variant for the Li L6, and the model won't be getting a price cut, even though other models have seen significant price reductions recently.

China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.

WeLion and JAC Yiwei will work together to develop a model powered by 4695 large cylindrical semi-solid battery cells with a range of 600 km to 1,000 km.

Polestar is giving away a free Polestar Phone to customers who purchase the updated Polestar 4.

The Ocean-M will be based on a new all-electric platform and is the industry's first rear-wheel drive all-electric performance hatchback, according to BYD.

Xiaomi's third model will be in the RMB 150,000 class, and the company has set a high estimated production and sales target for the affordable model, according to local media.

Volume deliveries of the updated Aito M5 will begin on May 15. Customers who order the model before May 31 will receive RMB 37,000 worth of entitlements.