FAW Hongqi launches all-electric sedan EH7 with starting price of $31,920
Hongqi EH7 is the first model launched by Hongqi New Energy since it became independent in January 2023.
Huawei-Chery joint brand Luxeed to re-launch 1st model S7 on Apr 8, report says
The re-launched Luxeed S7 will bring new features and will be able to deliver soon after launch, with monthly sales expected to be at around 5,000 units, according to local media.
Alibaba files to sell another 33 million Xpeng ADSs
This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.
Xiaomi CEO calls Tesla's reported upcoming price hike brave move, admits pricing pressure on SU7
The standard version of Xiaomi's SU7 has specs that far exceed those of the Model 3 and has a very high initial sourcing cost, said Lei Jun.
Zeekr aims to be profitable in 2024
Zeekr is targeting sales of 230,000 units in 2024 and will launch three new models to cover a wider market.
China's NEV retail at 335,000 in Mar 1-17, up 115% from same period last month
China's NEV retail penetration rebounded to 48.0 percent in the March 1-17 period.
BYD chairman Wang Chuanfu meets Apple CEO Tim Cook in Shanghai
BYD chairman and president Wang Chuanfu met with Apple's CEO Tim Cook, who is visiting Shanghai, at Apple's China headquarters today.
BYD to begin producing EVs in Indonesia in 2026, local official says
BYD plans to hold a groundbreaking ceremony for a factory in Indonesia this July, a senior local official said.
Xiaomi has finalized SU7 pricing, significantly lower from last year's expectations, report says
Xiaomi has finalized the pricing of the SU7, which has been lowered by RMB 30,000 to RMB 50,000 compared to last year's expectations, according to local media.
Polestar plugs into Tesla's charging network in China
Polestar vehicles can charge at up to 120 kW at Tesla Supercharger stations, according to the EV maker.
