Phate Zhang

Xiaomi SU7 Ultra will be officially launched on February 27, with an event set to begin at 7 pm Beijing time on the same day.

CALB expects its net income to rise about 80 percent to 100 percent in 2024 from 2023 on the back of growth in business scale and lower costs.

The four-door Mini EV starts at RMB 44,800 ($6,180) and has a CLTC range of 205 km.

The X9 MPV is Xpeng's most expensive and is seen as a strategic model to help boost gross margins.

The Zeekr brand delivered 79,250 vehicles in the fourth quarter of 2024, an increase of 99.84 percent year-on-year and up 44.08 percent over the third quarter.

Li Auto will make LiDAR standard on all new models this year, bringing enhanced smart driving capabilities, according to local media.

Denza N9 is a six-seat hybrid SUV that will compete with Li Auto's Li L9 and Aito's M9.

CATL and Volkswagen will jointly develop cost-competitive battery products and cooperate in areas including battery recycling and battery swap.

Nio showed off the ET9's safety performance in a new video when both the front and rear tires on one side blew out at high speeds, in response to praise from Huawei's Richard Yu.

BYD could become the "Toyota" of the global EV market, said JPMorgan.