Phate Zhang

The energy storage station uses the latest high-capacity sodium-ion batteries with a top response speed six times faster than other existing sodium-ion batteries.

Initial supervised trial runs are set to launch in 2025, followed by fully driverless operations in 2026.

Changan has delivered the first 1,000 units of Oshan 520 sedan built on CATL's battery swap standard for use as cabs.

Xiaomi will showcase the YU7 at the Shenzhen auto show starting this weekend, which will mark the debut of its first SUV model at an auto show.

BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.

The updated ET5 and ET5T both start at RMB 298,000 ($41,500) including the battery pack.

Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.

The Geely Galaxy A7 is 4,918 mm long and has an engine with a displacement of 1,499 ml.

The new P7 is 5,017 mm long and comes in single- and dual-motor options.

Deutsche Bank expects Xiaomi to deliver 100,000 YU7 SUVs and 280,000 SU7 sedans in 2025.