Huawei-Chery joint brand Luxeed faces delivery challenges with production of just dozens per day
Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions.
Li Auto hits back after being mocked by Tesla for lack of technology
Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance.
Charging solutions provider StarCharge mulling HK IPO, report says
StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg.
SAIC-GM-Wuling launches battery pack for commercial NEVs
The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.
Tesla gross margin slips further in Q4, to start production of new EV model in H2 2025
Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant.
BYD and FAW intend to invest in drone maker DJI's auto unit, report says
DJI Automotive and Huawei's automotive business will be options that must be considered by established carmakers that are short on smart driving R&D, local media said.
Neta to launch its 1st shooting-brake model in mid-2024
The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring.
Tesla plans to produce new EVs in mid-2025, report says
Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model.
Tesla Model S and Model X expected delivery dates in China extended to Q2
The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months.
Xpeng offers $6,970 discount on top-trim variant of P7i sedan
Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.