Lei Kang

Pony.ai plans to set up a joint venture with South Korea's GemVaxLink in Seoul within the year, which will deploy a fleet of autonomous vehicles in Seoul in the initial phase.

February sales in China's auto market are expected to be the lowest of the year, the CPCA said.

The Yangwang brand delivered 780 vehicles and Fang Cheng Bao 2,310 vehicles in February.

The updated Song Pro DM-i continues to be offered in five variants, all with a price cut of RMB 20,000 to a starting price of RMB 109,800 yuan.

The iCar 03 has a boxy look, and Chery said it's a car for young people.

Xpeng will begin development of a globally available highway NGP in 2024 and a globally available XNGP in 2025.

Xiaomi's first EV model is expected to hit the market in March and deliveries will start in April, with production set to be around 2,000 units in the first quarter, according to local media.

BYD has lowered the starting prices of the Han and Tang by RMB 20,000 and RMB 30,000 respectively, taking the price war further into the mid-to-high-end EV market.

Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month.

Saloon unveiled the Mecha Dragon at the Guangzhou auto show in November 2021, but no new developments on the all-electric sedan have been released since.