BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says

The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media.

BYD's sodium battery joint venture formed

The joint venture is 51 percent owned by BYD's battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent.

Dongfeng's electric off-road brand M-Hero to export cars to Middle East

M-Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland.

Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y

Onvo's first model, the Onvo L60, will take on the Tesla Model Y, targeting the RMB 250,000 segment of the family-centric smart all-electric vehicle market, Nio said.

Nio sees milestone of 500,000th mass-produced car off line

Nio's 500,000th production car is an ES8, the most expensive of its available models, with a cumulative total of 81,740 units delivered by the end of March.

Xpeng announces entry into Australia, G6 to make local debut by Q4

Xpeng has entered into a partnership with Australia's TrueEV, which will be its sole importer, distributor and retailer in the country.

Toyota may adopt BYD's DM-i hybrid tech in China, report says

One of the key reasons why Toyota is leaning towards adopting BYD's DM-i technology is that it is less expensive and relatively mature, according to local media.

China NEV retail in Apr flat from Mar at 706,000, preliminary CPCA data show

In April, China's retail sales of all passenger vehicles stood at 1.585 million units, down 2 percent year-on-year and 6 percent lower than in March.

BYD to launch Sealion 07 on May 10

The price range for BYD's Sealion 07 BEV will be RMB 200,000 ($27,700) to RMB 260,000, an executive said last year.

Leapmotor, Stellantis may announce formation of JV next week, report says

Leapmotor's chairman and Stellantis CEO will appear together at a joint press conference next week, where they will jointly announce the formation of Leapmotor International, according to local media.
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