Phate Zhang

The Firefly brand will rely on local partner outlets for sales in Europe, with construction costs for dedicated swap stations one-third those of Nio.

The Nio ET9 starts at RMB 660,000 under the BaaS battery rental model. Deliveries of the sedan are set to begin in March 2025.

The first Firefly model made its global debut and began pre-sales in China at RMB 148,800 yuan ($20,390), the same as the discounted electric Mini Cooper.

Nio founder William Li has launched personal accounts on X and YouTube, as the company aims to be in a cumulative 25 global markets in 2025.

By the end of 2025, 20 Xpeng Centers are expected to open in Australia.

Eve Energy has added one battery cell production line for the P7+ one month after the model's launch, and may add 2 additional ones next month.

The date for the next Beijing auto show has been set, with the Shanghai auto show due in about four months.

Song will join Chinese renewable energy group Envision and is set to take on a supply chain management role, according to Reuters.

Luxeed has launched two EREV variants for the R7 with a starting price of RMB 249,800 ($34,230) and deliveries are set to begin on January 5.

CATL is in talks with potential advisers and a listing in Hong Kong could take place as early as the first half of 2025, according to Bloomberg.