Phate Zhang

The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media.

Neta's plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter.

European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe's EV makers, Reuters reported.

Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media.

Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began.

The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035.

Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly 3 percent.

Li Auto's 2024 models will have configuration updates and will be launched and begin deliveries in March, it said.

A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.

Nio said it and JAC, Chery will carry out deep strategic cooperation in battery standards, battery swap technology, battery swap service network construction and operation.