Lei Kang

JAC Yiwei will prioritize the adoption of CATL's CIIC-S platform for its passenger car program, which involves battery swap-enabled models, BEVs and EREVs.

CATL signed a deal with FAW Jiefang to drive electrification in commercial vehicle transportation sector.

Leapmotor has rolled out two new BEV variants for the C16 SUV, which are more expensive but bring a larger battery pack.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in January-November, with the former's share unchanged from January-October and the latter increasing slightly.

BYD gave the Xia its debut on August 30, saying at the time that the MPV would be priced in the RMB 300,000-yuan ($40,980) class.

China's new energy vehicle (NEV) sales hit a record high in December 2024, with wholesale sales estimated at 1.5 million units, a 35% year-on-year increase. This marked the fifth consecutive month exceeding 1 million units, with NEV penetration surpassing 50%. Major contributors included BYD, Geely, SAIC-GM-Wuling, Chery, and Tesla China. Government trade-in subsidies, doubled in July 2024, significantly boosted sales, with millions of applications filed. NEVs, including BEVs, PHEVs, and fuel cell vehicles, dominated the market, supported by policies favoring entry-level models. The auto market remained robust, driven by sustained consumer demand and supportive measures.

Pony AI plans to offer in-airport robotaxi commuting for staff at Hong Kong International Airport, and plans to expand its service to downtown Hong Kong.

Nio completed its first battery swap station in Shenzhen on May 20, 2018, and reached 2,000 on October 26, 2023.

Customers who buy an EV from IM Motors before the Chinese New Year can enjoy 0-interest financing for five years and a RMB 5,000 ($680) cash discount.

SAIC-GM-Wuling said it saw its first power battery produced in Indonesia roll off the line, becoming the first Chinese auto brand to realize power battery production in Indonesia.