Arcfox announces entry into Dominican market
Arcfox has shipped vehicles to several countries and will accelerate its overseas sales and service network this year, it said.
Xiaomi's 1st EV model to start deliveries as soon as Q2, exec indicates
Xiaomi Group president said the formal release of the SU7 will come "very soon," and indicated that domestic deliveries will begin as soon as the second quarter, according to CNBC.
Li Auto Q4 earnings: Deutsche Bank's 1st look
Li Auto reported strong fourth-quarter results and provided a better-than-expected outlook for first-quarter sales, Deutsche Bank said.
Li Auto earnings call: Management expects deliveries to top 70,000 in Jun, has set up operations in Middle East
Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June.
Nio signs technology license agreement with CYVN subsidiary Forseven
Nio will grant Forseven a worldwide license to use certain of the company's existing and future technologies related to or subsisting in the company's smart EV platforms.
Li Auto doubles net income in Q4 from Q3, gross margin improves to 23.5%
Li Auto guides deliveries to be between 100,000 and 103,000 units in the first quarter of 2024, an increase of 90.2 percent to 95.9 percent from the first quarter of 2023.
Li Auto reveals supercharging station buildout plan for this year
Li Auto said it aims to reach 2,000 supercharging stations by the end of 2024.
BYD's initial plan for its 2024 sales target is 4 million units, report says
BYD is set to announce a 4-million-unit target, with a higher 4.2 million sales forecast given to suppliers, including 2 million BEVs, and 2.2 million PHEVs, according to local media.
BYD says updated Qin Plus gets 23,590 orders in 1st week on market
BYD launched the updated Qin Plus sedan on February 19, the first model it's updating in its second offensive against traditional fuel cars.
IM Motors to become latest Chinese EV maker to add gas engines to EV models
IM Motors CEO said the company's fifth model will be an EREV, set to become the latest after Avatr to look to gasoline engines to boost sales.