Lei Kang

IM Motors and Leapmotor have started to offer new discounts on some of their models.

The N8L looks like a slightly scaled-down version of Denza's N9 flagship SUV launched in March.

The Deepal S09 starts at a discounted price of RMB 204,900, half the price of the similarly sized Li Auto Li L9.

In May, China's passenger NEV retail sales are expected to be 980,000 units, with penetration at around 52.9 percent.

An investor from Lebanon has invested in HiPhi and the countdown is on for the brand's work resumption, according to local media.

Xpeng Aeroht and Dongan signed a strategic cooperation agreement to create aviation-specific hybrid systems.

BYD has signed an agreement with Spain's Grenergy to supply an additional 3.5 GWh of energy storage systems.

Geely Galaxy will give the M9 its global debut at an event in Milan, Italy later today.

China's NEV penetration at retail stood at 52.0 percent in May 1-18 and 48.8 percent year-to-date.

Denza saw the 10,000th N9 roll off the production line today, two months after the large luxury SUV was launched.