Lei Kang

The move aims to reduce reliance on a single supplier and lower costs.

Chery passed the Hong Kong Stock Exchange's listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.

Over 50 percent of these orders are for the two highest-priced Ultra variants of the model.

The Nio main brand recorded 2,425 insurance registrations last week, Onvo 2,620, and Firefly 1,125.

The Electra L7 extended-range sedan measures 5 meters long, boasts a battery range of up to 302 km, and delivers 338 horsepower.

Huawei and BAIC will establish a dedicated Stelato business unit team operating under a "strategic alliance" approach.

The extended-range X9 will kick off Xpeng's EREV product cycle, followed by extended-range G7 and G6 SUVs, and the extended-range P7+ sedan.

China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.

All five brands under Huawei's HIMA business will launch new models in 2026.

Two spy shots have surfaced of what is believed to be the inaugural SUV model from the Mona lineup, which is expected to offer competitive pricing similar to the M03.