Phate Zhang

The Xpeng G7 has the same wheelbase as Tesla's facelifted Model Y, with close and slightly larger overall dimensions. It is powered by LFP batteries supplied by CALB.

Firefly's first model will be built at Nio's F2 plant, and the battery supplier is Sunwoda, marking the first time the battery maker has been among Nio's suppliers.

Tesla sold 657,102 retail units in China in 2024, ranking third in the Chinese NEV market with a 6.0 percent share, according to the CPCA.

The prices of all three variants of the Model 3 have gone up by RMB 3,600 ($490) in China, with the range of the entry-level version increased by 28 km.

Tesla's Chinese website offers a seating layout option for the facelifted Model Y, although only five-seat is currently available, implying the possibility of three-row seating variants.

Xiaomi CEO hinted that the YU7 SUV is more competitive in the face of the Model Y update.

Tesla's China website listed the facelifted Model Y and has begun offering two variants it calls the “Launch Series,” with deliveries expected to begin in March.

Neta launched the Neta X and Neta Aya in Singapore today and secured 52 orders in the morning.

Great Wall Motor has created a new business unit to target the ultra-luxury market, and its chairman Wei Jianjun will also be chairman of a new brand.

The first non-Nio models from its battery swap alliance could be an SUV and a sedan from Chery's sub-brand Exeed.