Phate Zhang

The Shenxing Pro is the first product featuring CATL's latest NP 3.0 technology, targeting Europe's EV market with high safety, ultra-fast charging, and long range.

The new WM Motor aims to produce and sell 10,000 to 20,000 vehicles this year, with projected revenue of RMB 1 billion ($140 million) to RMB 2 billion.

The new BMW iX3 China-exclusive edition will feature large language AI models and driver assistance technologies co-developed by BMW and its Chinese partners.

Deepal has appointed Jiang Hairong, former China CMO of Honor, as CEO, while former CEO Deng Chenghao has assumed the role of chairman.

Nio Day 2025 will be held in Hangzhou on September 20, where the third-generation Nio ES8 SUV will be officially launched.

For industry demand, achieving even half of this year's fourth-quarter levels in the first quarter of next year would be a positive outcome, Li said.

Nio has confirmed for the first time that the company works with McLaren and has received technical service revenue from the automaker.

BYD is feeling increasing competitive pressure from rivals such as Geely and Leapmotor, Reuters said.

Since its launch on August 19, the Model Y L has received 120,000 orders, averaging nearly 10,000 daily, according to a local media report.

Seventy-five percent of the raised funds, or RMB 1.95 billion, will be allocated to developing new EV models and upgrading existing ones.