Phate Zhang

Nio has introduced a CBU system to strengthen cost control, and multiple functions will be downsized based on full-year targets, according to local media.

A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024.

Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.

Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.

Denza began pre-sales of the N9 on February 21, with a pre-sales price range of RMB 450,000 ($62,000) to RMB 550,000.

Zeekr will showcase the Zeekr 9X at the Shanghai auto show in late April, and has also announced the Zeekr 9X Grand, which could be priced at over RMB 1 million ($137,840).

Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.

Tesla's facelifted Model Y has racked up 200,000 orders since it went up for pre-orders on January 10, albeit including a large number of refundable orders, according to local media.

Yangwang said it has completed development and testing of its DiSus-Z body control system, which will be available soon with the U7.

Toyota's bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch.