Nio's Middle East backer CYVN to buy sports car maker McLaren's auto business
CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.
China Oct EV sales preview: Deutsche Bank expects Nio at 24,500, Tesla 47,000, BYD 520,000
New order flow for the Nio brand is estimated at about 19,000 units in October, flat from September, but sub-brand Onvo is estimated at about 15,000 units in October, according to Deutsche Bank.
Nio battery swap network completes initial coverage of 9 major horizontal highways in China
Nio's battery swap stations have achieved coverage of nine horizontal highways, seven vertical highways and 12 urban clusters, fulfilling part of a goal announced two years ago.
Yangwang U7 sedan said to be powered by BYD's 2nd-gen blade battery
The Yangwang U7 will be powered by BYD's second-generation blade battery, which will have a charging multiplier of more than 5.5 C and a discharging multiplier of more than 14 C, according to an auto blogger.
EU pushes ahead with additional tariffs on Chinese EVs, continues discussions on price undertakings
The European Commission has published the definitive tariff rates in the Official Journal, with the additional tariffs to take effect from October 30, and the provisional duties imposed on July 4 will not be collected.
Xiaomi SU7 Ultra starts pre-sales at $114,200, official launch set for Mar 2025
The Xiaomi SU7 Ultra received 3,680 pre-orders 10 minutes after pre-sales began, as the company begins to show off its technological muscle in the EV space.
Xpeng enters Ireland by partnering with local distributor
By the end of 2025, Xpeng aims to enter more than 60 global markets and hopes to achieve half of its total sales coming from international markets.
Xiaomi SU7 has delivered over 20,000 units so far in Oct
Xiaomi said it has delivered more than 20,000 units of the SU7 in October, and reiterated that it will meet its full-year delivery target of 100,000 units in November ahead of schedule.
Zeekr signs deal to tap Egyptian market, expanding footprint to Africa
Zeekr plans to launch the Zeekr 001 and the Zeekr X first in Egypt, with the first local store to open in Cairo by the end of this year.
BYD Denza reveals Z9 interior design sketches, launch expected in Nov
Denza's Z9GT, another model in the Z series, hit the market on September 20 at a starting price of RMB 334,800 yuan.
