Phate Zhang
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Goldman Sachs expects Xiaomi to sell 350,000 EVs in 2025 and 655,000 in 2026
Goldman Sachs raised its EV sales forecast for Xiaomi, citing more favorable demand and manufacturing capacity outlook.
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BYD, Grab partner to expand EV fleet offering in Southeast Asia
Grab and BYD formed regional partnership to expand access to up to 50,000 BYD EVs to Grab drivers across Southeast Asia.
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Great Wall Motor previews net income growth of about 80% in 2024
Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.
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Denza aims to sell over 300,000 cars in 2025, report says
BYD sub-brand Denza is targeting sales of more than 300,000 units in 2025, implying a 138 percent growth, according to a local media report.
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China EV insurance registrations by brand for week ending Jan 12: Nio 1,500, Onvo 1,800, Tesla 7,800, BYD 42,800
Xiaomi had 5,400 insurance registrations last week, Li Auto 7,600, Xpeng 7,400, Zeekr 2,800, Leapmotor 5,200 and Aito 5,000.
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CATL breaks ground on its 1st battery swap station in HK
FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.
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Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control
Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.
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Porsche deliveries in China fall for 3rd consecutive year, plans to downsize sales outlets
Porsche's deliveries in China are down 28 percent in 2024 from 2023, resulting in a 3 percent drop in its global deliveries from 2023.
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Shenzhen produces nearly 2.94 million NEVs in 2024
Shenzhen produced 2,935,300 NEVs in 2024, a local official said.
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BYD showcases Sealion 07 EV in Japan, launch set for later this year
The Sealion 07 EV will enter the Japanese passenger car market this year and will be BYD's fourth model there after the Yuan Plus, Dolphin and Seal.
