Polestar cuts Polestar 4's price in China by $8,340, but only for 100 units
In addition to the limited-time discount, Polestar is also offering other limited-time benefits for the Polestar 4 including free upgrades to the smart driving suite.
Xpeng CEO asks execs to have 5,000 km of hands-on experience before flying cars go on sale
Xpeng's CEO believes the low-altitude economy will begin to make inroads into people's lives next year and the year after that, and will see it grow larger and larger over the next 5 to 20 years.
Li Auto to launch all-electric SUV Li M6 to take on Tesla Model Y, report says
Li Auto is expected to start delivering the Li M6 BEV in March 2025, with a delivery target of 200,000 units in the first year of launch, according to local media.
BYD Denza reveals strong D9 MPV orders while Li Auto silent on Li Mega
Denza said the 2024 D9 received 11,287 firm orders in the first 12 hours after its launch. Li Auto, on the other hand, has not announced orders for the Li Mega, and its shares have been down about 18 percent since the MPV's launch.
Leapmotor's JV with Stellantis gets approval from Chinese regulator, report says
A Chinese regulator has given its approval for Leapmotor's joint venture with Stellantis, with the deal still awaiting regulatory approval in other markets, according to Reuters.
BYD's Denza brand launches updated D9 MPV with lower starting price
The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively.
Xpeng reportedly asks dealers to stock up on inventory as it begins to rely more on traditional sales model
Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media.
BYD to buy back RMB 400 million of shares in China's A-share market
The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital.
Xiaomi expected to officially launch SU7 at end of Mar, report says
Xiaomi EV is expected to officially launch its first EV model, the SU7, at the end of this month, with deliveries set to begin soon after that, according to local media.
BYD refreshes its cheapest model Seagull, lowering prices further
BYD has launched an updated version of the Seagull, lowering the starting price to RMB 69,800, or about $9,700.
