Phate Zhang

The e-Platform 3.0 Evo brings higher integration and enhanced performance. The Sealion 07 EV starts at RMB 189,800 ($26,270) and will begin deliveries this month.

In the January-April period, Tesla sold 163,841 units in China, down 7.64 percent year-on-year.

The Avatr 07 will be Avatr's third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV and EREV variants.

The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg.

Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14.

Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).

Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg.

The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent.

Nio's 500,000th production car is an ES8, the most expensive of its available models, with a cumulative total of 81,740 units delivered by the end of March.

Xpeng has entered into a partnership with Australia's TrueEV, which will be its sole importer, distributor and retailer in the country.