Phate Zhang
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Nio cuts prices of all 100-kWh long-range models by $2,780
Nio has reduced the cost of its optional 100-kWh pack by RMB 20,000 ($2,780), resulting in price cuts for all long-range versions of its current models.
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Tesla launches Model Y L in China to boost sales, putting pressure on local rivals
The Model Y L starts at RMB 339,000 ($47,180) in China, which is expected to boost Tesla's sales and intensify competition in the six-seat SUV segment.
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AUDI begins pre-sales of E5 Sportback in China, priced from $32,850
The E5 Sportback is built on an 800-volt high-voltage architecture and can accelerate from 0 to 100 km/h in as little as 3.4 seconds.
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Tesla says Model Y L coming soon in China, shares glimpse of details
Tesla said the Model Y L is coming soon in China and shared a preview video showing a few details of the model.
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Xpeng secures $1.4 billion credit line from China CITIC Bank
China CITIC Bank will grant Xpeng a credit facility of RMB 10 billion ($1.4 billion) to support the company's business operations and development.
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Nio plans expansion into Singapore, Uzbekistan, and Costa Rica in 2025 and 2026
The first models to be launched in these new markets will include vehicles from the Nio, Onvo, and Firefly brands.
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Huawei-backed Stelato begins pre-sales of S9T wagon at $45,660
The S9T, Stelato's second model following the S9 sedan, will compete with models including the Nio ET5 Touring.
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GWM's Brazil plant begins production with annual capacity of 50,000 cars
The Brazil plant is GWM's third full-fledged vehicle manufacturing center outside of China.
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BYD opens new racetrack as it seeks to bring car culture to general public
The racetrack is located in Zhengzhou, Henan, and is BYD's second racetrack after the one in Hefei.
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IM Motors begins pre-sales of updated LS6 SUV, adds EREV variants to lineup
The updated LS6 is the first model to feature IM Motors' Hengxing extended-range system, with the EREV variants offering a battery range of up to 450 km.
