Lei Kang

China's February power battery installations dropped 24.6% year-on-year to 26.3 GWh, impacted by the timing of the Chinese New Year holiday.

Exports of passenger NEVs from China surged 124.7% to 269,000 units, providing a strong bright spot for Chinese automakers.

The move follows a similar recall by its sister brand Zeekr, as well as a recent settlement reached between a Geely subsidiary and a battery supplier.

Zeron raised 1.2 billion yuan ($175 million) from investors including a CATL-affiliated fund, Nio Capital, and Momenta.

If executed, it would mark the first executive share buyback since the company's secondary listing in Hong Kong in August 2021.

The pre-sales price of the Chery QQ3 starts at 68,920 yuan ($10,020), with orders reaching 21,957 units in the first 2 hours.

William Li receives 248 million restricted share units tied to specific performance targets and continued service.

Representatives for GWM have presented a production proposal to South African officials, outlining the company's interest in producing vehicles in the country.

Linghui said in a teaser video that the Linghui e7 will be equipped with BYD's latest flash-charging technology, enabling it to be nearly fully charged in 9 minutes.

Geely Galaxy has teased its first tech-hardcore SUV, designed to compete with luxury models such as the Land Rover Defender.