Phate Zhang

Xpeng is confident that sales will more than double in 2025 and expects the company to be profitable in the fourth quarter of this year.

Xpeng's first-quarter net loss came in at RMB 660 million, the lowest since the second quarter of 2020.

Xiaomi EV has unveiled Xiaomi HyperVision, which it says is a more intuitive visual interaction system.

BYD ranked No. 1 in the global BEV market in the first quarter with a 15.4 percent share, while Tesla was No. 2 with 12.6 percent.

The Mona M03 Max show car is currently available at Xpeng stores in 63 cities.

The YU7 comes for the luxury experience and aims to be an advanced SUV for this era, Xiaomi EV said.

The Maextro S800 is expected to be priced between RMB 1 million ($138,650) and RMB 1.5 million, Huawei said previously.

Nio has begun deliveries of the updated ES6 and EC6 in China as planned, after launching them last Friday.

Car Inc plans to expand its purchases of BYD vehicles in the summer of 2025.

Nio Power has entered into a partnership with a state-owned company to build 100 battery swap stations in northeast China.