Phate Zhang

Gotion is in the process of exploring a battery plant in the US, and the site is close to being decided, a company executive said.

The EC7 was launched on Nio Day 2022, December 24, 2022, and Nio had planned to begin deliveries of the model in mid-May.

For the first time, NEVs outnumbered traditional fuel vehicles in terms of new launches, organizers of the Shanghai auto show said.

BYD reported revenue of RMB 120.17 billion in the first quarter, up 79.83 percent year-on-year, although it was 23.15 percent lower than in the fourth quarter of last year.

Li Auto delivered a record 52,584 vehicles in the first quarter, which is near the lower end of its guidance range of 52,000 to 55,000 vehicles.

The dual-currency counter model will provide BYD shareholders and potential investors with a new trading currency option that could further enhance the liquidity of its shares, BYD said.

BYD has officially launched the Seagull with a starting price of just RMB 73,800, after starting pre-sales of the Yangwang U8, which costs over RMB 1 million, last week.

This equates to a reduction of 1.07 million tons of carbon emissions, as well as saving customers about RMB 7 billion in energy costs.

April passenger vehicle sales in China are expected to be around 1.57 million units, down 1.3 percent from March, the CPCA said.

This means Zeekr has delivered 6,818 vehicles so far this month, considering it had 93,182 cumulative deliveries through the end of March.