Phate Zhang

In 2019, Mercedes-Benz Auto Finance was fined RMB 800,000 after a user complaint brought it into the spotlight.

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.

Some owners believe that the matter is related to WM Motor's previous multiple battery safety incidents.

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.

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.

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.

Mainland Chinese investors bought a net HK$762 million of Xpeng shares through the Hong Kong-Shenzhen Stock Connect today.

This is Chongqing Sokon's monthly NEV sales data. The company first announced NEV sales data in June 2020.

Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.

Zeekr's cumulative deliveries were 9,537 units as of the end of January.