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Chery files for HK listing to fund further expansion

In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.

Mercedes cuts jobs in China to cope with 'challenging' market conditions

Mercedes-Benz said it will cut redundant roles in China, and consolidation of the business will inevitably involve some staff.

Hongqi launches Tiangong 05 all-electric sedan starting at $22,020

Tiangong 05 sedan offers 62 kWh, 85 kWh battery pack options, with CLTC range of up to 750 km.

China NEV retail at 445,000 in Feb 1-23, down 16% from same period last month

China's retail sales of all passenger vehicles in the February 1-23 period were 924,000 units, down 30 percent from the same period last month.

Voyah says cumulative orders for updated Dream MPV exceed 65,000 units

Voyah launched the updated Dream MPV on September 19, 2024, and added four new variants of the model with Huawei's Qiankun ADS 3.0 as standard on February 19.

Chery reportedly to follow BYD in featuring smart driving on low-cost models

Chery plans to equip its all-electric model Little Ant with a smart driving system based on the Qualcomm 8620 platform, according to local media.
In Brief

Avatr launches 2 EV models in Qatar

Avatr has launched the Avatr 11 SUV and Avatr 12 sedan in Qatar, expanding its presence in the Middle East.

IM Motors ships 1st batch of LS6 SUVs to Thailand, local launch to be in Mar

The LS6, rebranded as the IM6 in Thailand, will go on sale on March 24 at the Thailand auto show.

Wuling launches 4-door version of its popular Mini EV

The four-door Mini EV starts at RMB 44,800 ($6,180) and has a CLTC range of 205 km.

CPCA expects China Feb NEV retail at 600,000, down 19% from Jan

Overall passenger car retail sales for February are expected to be around 1.25 million units, up 13.6 percent year-on-year but down 30.3 percent from January.
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