Phate Zhang
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Geely sells 17,928 NEVs in Jan, up 318% from a year ago
Geely sold 15,442 battery electric vehicles in January, including models that support battery swap.
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Li Auto buys huge plot of land in Chongqing to prepare for aggressive capacity expansion
The site is 1.13 million square meters, larger than Tesla's Giga Shanghai, and will set the stage for Li Auto to achieve sales of 1.6 million vehicles by 2025.
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Xpeng hints at increased efforts to expand in Europe
Information shared by Xpeng on Twitter suggests that it may be about to announce plans for expansion in Europe.
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Mercedes-Benz named by Chinese banking regulator for its auto finance unit's infringement of consumer rights
In 2019, Mercedes-Benz Auto Finance was fined RMB 800,000 after a user complaint brought it into the spotlight.
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Nio said to have launched development of sub-brand model with planned annual capacity of 60,000 units
Nio has launched the development of a mass-market sub-brand model in Hefei, which will be positioned below Nio's existing SUV and sedan models, according to local media.
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WM Motor sued for allegedly reducing available battery capacity without user consent
Some owners believe that the matter is related to WM Motor's previous multiple battery safety incidents.
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CITIC Securities says Nio, Xpeng, Li Auto severely undervalued, calls for new valuation metrics
CITIC Securities believes that Nio, Xpeng, and Li Auto are in an accelerated period of improving profitability and are expected to approach the break-even point in the coming year.
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Spy photos show Lotus doing road testing of Type 132 SUV
Late last month, Lotus began hiring for dozens of positions in China, saying "Type 132 is coming to life," signaling that its first all-electric model may not be too far away from being announced.
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Chongqing Sokon sells 3,520 NEVs in Jan, up 176% year-on-year
Chongqing Sokon, Huawei's key partner in the automotive sector, saw its NEV sales drop 42.8 percent in January compared to 6,150 units in December.
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Xpeng becomes 8th most traded stock in HK-Mainland connect on first day of inclusion
Mainland Chinese investors bought a net HK$762 million of Xpeng shares through the Hong Kong-Shenzhen Stock Connect today.
