Phate Zhang

Lotus Technology's business combination with a SPAC is expected to close on February 22 and will trade under the ticker symbol "LOT".

Although the car is tightly wrapped in camouflage, it can be seen looking similar to the Zeekr X or Volkswagen's ID.3.

Nio's battery swap stations provided a total of 871,477 services from February 8-18, with a peak of 90,199 services in a single day.

BYD yesterday launched lower-priced updated versions of its two budget sedans, triggering several local peers to follow suit with price cuts.

Insurance registrations for major EV makers in China have dropped significantly over the past two weeks as people celebrate the traditional Chinese New Year holiday.

Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent.

BYD owners drove a cumulative total of about 3.76 billion kilometers from February 10-17, and Tesla owners in China drove more than 700 million kilometers, according to their numbers.

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA.

Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction.

Wang has restructured Xpeng's overseas business team, adding the Middle East as a key market and will invest more resources, according to local media.