Phate Zhang

EU and Chinese officials are discussing alternatives to European tariffs on Chinese EVs, but no solution is imminent, Reuters quoted unnamed European officials as saying.

Changan said its Oshan 520, built on CATL's battery swap solution, will bring a new experience to the shared mobility market.

BYD's next-generation blade battery will improve the range of vehicles and extend the life cycle of the battery itself, an executive said.

“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.

Brussels and Beijing are close to reaching a solution on tariffs on Chinese EV imports into the EU, an EU official said.

Nio, founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.

Tesla is offering a limited-time discount in China for two less expensive variants of the Model Y, probably because the crossover's major refresh is not far away.

A Nio executive has denied a rumor that the company will be acquired by BYD, after the fake information circulated widely on social media.

The Maextro S800 is expected to target the luxury executive sedan market, with potential rivals set to include the Mercedes-Benz S-Class, BMW 7 Series, Audi A8, and Nio ET9.

Xiaomi's second EV model is scheduled to hit the market in February or March next year, internally codenamed MX11, and will compete directly with the Tesla Model Y, according to local media.