Phate Zhang

Strong demand is prompting BYD to reassess ways to deploy more vehicles in India, where dealers currently have hundreds of bookings, according to Bloomberg.

This marks Nio's second major update to its NWM driver assist software since May 2025.

South Africa is considering imposing tariffs of up to 50% on vehicles from China and India, as policymakers said that imported goods are harming domestic manufacturing.

The battery plant involves a total investment of $130 million, with a combined annual capacity of 6 GWh across two phases.

Yang Sheng, a former algorithm expert at Alibaba's DAMO Academy, has joined Nio for research on cutting-edge architecture and algorithm.

The R08 EV starts at RMB 127,800 ($18,370) and is Rely's first pure-electric pickup.

BYD achieved over 200% year-on-year growth in Europe during most months of 2025, whereas Tesla saw declines in every single month.

If all cost increases are borne by automakers, they could completely erode profit margins, UBS said.

Li Mega saw strong sales performance in the third quarter of 2025, but the momentum halted following a fire incident and subsequent recall in late October.

Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary.