SAIC's MG Motor to produce cars locally in Egypt
- MG will first produce the new-generation MG5 model in Egypt, with the local plant having an initial annual capacity of 50,000 units.
- SAIC plans to introduce more models in Egypt, including BEV and hybrid models.
Nio adds record high swap stations in China on last day of 2024, taking total to nearly 3,000
Nio today added a record 64 battery swap stations in China, bringing the total number to 2,995.
Tesla completes construction of Shanghai Megafactory, begins trial production
Tesla has begun trial production at the factory, which produces energy storage products and is expected to start mass production in early 2025.
IM Motors gets L4 autonomous driving road test license
- An IM Motors executive said the company officially received its L4 driverless road test license today.
- IM Motors was authorized to conduct L3 autonomous vehicle testing in December 2023 in Shanghai.
Hesai delivers more than 100,000 LiDARs in Dec
Hesai said it delivered more than 100,000 LiDARs in December, the first LiDAR maker in the world to reach the milestone.
Deepal sees 400,000th car roll off line, targets 500,000 sales in 2025
- Deepal saw deliveries surpass 36,000 units in December and more than 240,000 units for the entire 2024.
- The brand is targeting global sales of 500,000 units in 2025, of which 400,000 are expected in the domestic market and 100,000 in overseas markets.
BYD expands promotion to cover Song Pro DM-i, Qin Plus EV
BYD has expanded its year-end promotion to cover the Dynasty series' Song Pro DM-i, Qin Plus EV, after starting promotions for some models in the Ocean series two days ago.
BYD Denza launches 2025 D9 MPV in update of its most important model
The 2025 D9 starts at the same RMB 339,800 ($46,560) price as the 2024 model launched in March, but with upgraded features.
GAC unveils humanoid robot GoMate, plans to start small-scale production in 2026
GAC plans to have GoMate in experimental use in some industries in 2025 and small-scale production in 2026.
BYD offers free car insurance for Ocean lineup in year-end sales push
BYD is offering free vehicle insurance worth up to RMB 5,000 ($690) on a number of Ocean lineup models, ramping up promotions ahead of the Chinese New Year.