Phate Zhang

Great Wall Motor has been working on a supercar project since five years ago, with the goal of building a car that will get drivers' adrenaline spiking.

The Nio and Onvo brands had combined insurance registrations of 7,970 units in China last week, up 29.17 percent from 6,170 units in the previous week.

Leapmotor's founder and his concert parties increased their stake in the company by HK$316 million ($40.7 million) in April.

The first phase of the plant is expected to start production in the fourth quarter of this year, with a planned annual capacity of 10,000 units.

Lynk & Co 900 starts at RMB 309,900 ($42,480) and secured over 10,000 firm orders within one hour of availability.

Seres achieved a net income of RMB 5.9 billion in 2024, becoming the fourth NEV maker in the world to achieve profitability.

A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China.

The Dongfeng Nissan N7 has a starting price range of RMB 119,900 ($16,450) to RMB 149,900, similar to Xpeng's hot-selling Mona M03.

In the first quarter, China imported 8,870 vehicles from the US, a 66 percent year-on-year decline.

The SC01's launch is one of the most low-profile new car launches in China's auto industry.