Phate Zhang

The Zeekr 7X is the third model launched by Zeekr in Thailand, following the Zeekr 009 MPV and the Zeekr X compact SUV.

Onvo's insurance registrations for last week were 3,790, the second-highest on record, up 16.98 percent from the previous week's 3,240.

Nio has reduced the cost of its optional 100-kWh pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models.

The Model Y L starts at RMB 339,000 ($47,180) in China, which is expected to boost Tesla's sales and intensify competition in the six-seat SUV segment.

The E5 Sportback is built on an 800-volt high-voltage architecture and can accelerate from 0 to 100 km/h in as little as 3.4 seconds.

Tesla said the Model Y L is coming soon in China and shared a preview video showing a few details of the model.

China CITIC Bank will grant Xpeng a credit facility of RMB 10 billion ($1.4 billion) to support the company's business operations and development.

The first models to be launched in these new markets will include vehicles from the Nio, Onvo, and Firefly brands.

The S9T, Stelato's second model following the S9 sedan, will compete with models including the Nio ET5 Touring.

The Brazil plant is GWM's third full-fledged vehicle manufacturing center outside of China.