Lei Kang

BYD has become the first Chinese automaker to participate in the Tokyo auto show, with the ultra-luxury Yangwang U8 making its overseas debut and demonstrating its tank turn feature.

China's retail penetration of NEVs was 38.9 percent in the October 1-22 period.

Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region.

Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions.

MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.

Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media.

Nio today added 15 new battery swap stations in China, bringing the total to 1,998.

Zeekr announced yesterday that Formula One racing driver Kimi Raikkonen has become the company's chief performance advisor and will see the launch of the Zeekr 001 FR.

The plant, which has an annual capacity of 200,000 vehicles, has already begun equipment renovation and is expected to begin production in May 2024, according to local media.

Buick is responding to increasing competition in a way that's common for local automakers -- lowering the price of its cars by removing some comfort features.