Lei Kang
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Xiaomi SU7 Ultra to be launched on Feb 27, report says
Xiaomi's sales target for the SU7 Ultra in 2025 is 10,000 units.
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Chinese property giant Greenland launches unit dedicated to exporting NEVs
Greenland aims to achieve annual exports of 100,000 NEVs over the next three years.
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IM Motors offers limited-time $4,130 discount on L6 electric sedan
The discount, available this month, reduces the starting price of the IM L6 by 13.64 percent to RMB 189,900.
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Xiaomi aims to sell 10,000 units of SU7 Ultra in 2025
Xiaomi will "release" the SU7 Ultra when it launches the Xiaomi 15 Ultra phone at the end of this month, its founder said.
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Xpeng to achieve L3 autonomous driving in H2 2025, CEO says in internal letter
Xpeng CEO said L3 autonomous driving will drive AI cars into the "iPhone 4 era".
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Toyota to follow Tesla's step in building wholly-owned plant in Shanghai to produce Lexus EVs
The new plant is scheduled to start production in 2027 with an initial capacity of about 100,000 units per year.
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Xpeng rolls out 0 down payment, up to 5 years of 0 interest financing in revived price war
Almost simultaneously with Tesla, Xpeng announced a zero-down payment, up to five-year zero-interest financing to boost sales in the slow season.
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Xiaomi EV says SU7 deliveries have exceeded 20,000 units for 4 consecutive months
Xiaomi EV said it's targeting 300,000 deliveries in 2025 and will continue to expand capacity in the new year.
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Leapmotor delivers 25,170 cars in Jan, down 40.8% from Dec while doubling from a year ago
Leapmotor aims to deliver 500,000 vehicles in 2025.
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BYD Fang Cheng Bao recalls 6,843 Bao 5 cars for motor controller issue
The bolts inside the motor controller of some of the cars may not be locked properly, which in extreme cases may lead to smoke and fire.
