Phate Zhang

Zeekr Group delivered 31,277 vehicles in February, up 50.96 percent year-on-year but down 25.56 percent from January.

This is the fifth consecutive month that the SU7 has seen monthly deliveries exceed 20,000, bringing cumulative deliveries to over 180,000 units.

In January-February, Xpeng delivered 60,803 vehicles, up 375.21 percent from 12,795 in the same period last year.

Onvo launched higher-value 5-year 0-interest financing package, but removed BaaS benefit available in February, resulting in scaled-back overall benefits.

Onvo will allow owners to upgrade their 60-kWh standard range battery packs to 85-kWh long range packs on a daily, monthly or annual basis starting March 1.

Companies must not imply to consumers that driver assistance systems can be used as self-driving systems and are required to implement exit strategies when drivers are distracted.

Li Auto began offering final payment reductions and 3-year 0-interest financing on L-series models, allowing buyers to save up to RMB 38,000 ($5,210).

Deutsche Bank expects the Nio main brand to deliver around 8,000 units in February, and the Onvo sub-brand around 5,000 units.

Li Auto will upgrade the smart driving chips in updated models, starting to use the Nvidia Thor-U chip and providing LiDARs as standard across all models.

In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.