Nio's busiest swap station offers 195 services in 1 day during Chinese New Year holiday travel rush
Nio's battery swap stations provided a total of 871,477 services from February 8-18, with a peak of 90,199 services in a single day.
BYD to launch refreshed Dolphin on Feb 23, may continue its push for lower prices
BYD yesterday launched lower-priced updated versions of its two budget sedans, triggering several local peers to follow suit with price cuts.
China EV insurance registrations in Feb 5-18: Nio 1,500, Xpeng 1,000, Li Auto 7,000, Tesla 8,200
Insurance registrations for major EV makers in China have dropped significantly over the past two weeks as people celebrate the traditional Chinese New Year holiday.
BYD poised to challenge Tesla for BEV sales crown in 2024, TrendForce says
Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent.
Chinese New Year holiday travel report: Here are BYD and Tesla's stats
BYD owners drove a cumulative total of about 3.76 billion kilometers from February 10-17, and Tesla owners in China drove more than 700 million kilometers, according to their numbers.
Price war in China's passenger car market to remain fierce in 2024, says CPCA secretary-general
The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA.
Neta cuts prices by as much as $3,060 as price war intensifies
Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction.
Xpeng president Wang Fengying has taken over overseas business, report says
Wang has restructured Xpeng's overseas business team, adding the Middle East as a key market and will invest more resources, according to local media.
Wuling follows BYD by cutting hybrid sedan price by $830
BYD is looking to accelerate the replacement of traditional fuel vehicles with NEVs at lower prices, and more automakers following suit is expected to speed up the process.
Lotus Tech files with Chinese securities regulator for US listing
Lotus Technology plans to merge with L Catterton Asia Acquisition Corp in order to list on the Nasdaq, issuing up to 181,315,064 ordinary shares.