Rising Auto says it's moving forward with asset-light strategy, denies recent rumors as 'untrue'
Rising Auto said all is well with it and will launch a new model in the middle of the year.
Zeekr sees firm orders for updated Zeekr 001 exceed 20,000 units
Zeekr is targeting 30,000 firm orders for the updated Zeekr 001, which was launched on February 27, in its first month of availability.
Li Auto mulls lowering Li Mega sales target as orders less than 4,000 after half month on market, report says
Li Auto's management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media.
BYD chairman expects China's NEV penetration to exceed 50% within next 3 months
BYD's chairman predicted a month ago that China's monthly NEV penetration rate would exceed 50 percent within this year, and now he expects that figure to be seen within the next three months.
Nio launches new 75-kWh battery pack using only LFP cells, expected to further reduce costs
The new 75-kWh battery pack will not use both LFP cells and ternary cells like its predecessor and will begin deliveries soon with the 2024 models.
Xpeng to launch new brand within 1 month, targeting lower-priced market
Xpeng will launch a new brand in the next month, targeting markets priced between RMB 100,000 and RMB 150,000, the company's CEO said.
CATL's net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue
CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers.
Li Auto offers limited-time charging perks to increase Li Mega's appeal
Between March 16 and April 15, Li Mega owners who use Li Auto's supercharging stations to charge their vehicles will be rewarded with credits equal to the amount they pay per charge.
Dongfeng's new NEV brand eπ launches 1st model, eπ 007 sedan, starting at $22,190
The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models.
Zeekr starts sales of Zeekr 001, Zeekr X in Saudi Arabia, UAE
Zeekr has opened its first two flash stores in Saudi Arabia and the UAE, and will open its first Zeekr Space stores in both countries in April.