China's NEV retail at 388,000 in Feb, down 42.1% from Jan
Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January.
Tesla sells 30,141 cars in China in Feb, down 24.4% from Jan
In the January-February period, Tesla's retail sales in China amounted to 70,022 units, up 15.23 percent year-on-year.
Nio says NOP+ assisted driving feature coverage expands to 726 cities
To date, NOP+ has completed more than 1 million kilometers of road verification, Nio said.
Neta expects its Indonesian plant to see 1st car off line on Apr 30
Neta has already started production at its factory in Thailand and is building its third overseas plant in Malaysia.
Polestar cuts Polestar 4's price in China by $8,340, but only for 100 units
In addition to the limited-time discount, Polestar is also offering other limited-time benefits for the Polestar 4 including free upgrades to the smart driving suite.
Xpeng CEO asks execs to have 5,000 km of hands-on experience before flying cars go on sale
Xpeng's CEO believes the low-altitude economy will begin to make inroads into people's lives next year and the year after that, and will see it grow larger and larger over the next 5 to 20 years.
Li Auto to launch all-electric SUV Li M6 to take on Tesla Model Y, report says
Li Auto is expected to start delivering the Li M6 BEV in March 2025, with a delivery target of 200,000 units in the first year of launch, according to local media.
Neta to start deliveries of new SUV Neta L in Apr
The Neta L will be available in EREV and BEV versions and will feature CATL's ultra-fast charging-enabled Shenxing Battery.
BYD Denza reveals strong D9 MPV orders while Li Auto silent on Li Mega
Denza said the 2024 D9 received 11,287 firm orders in the first 12 hours after its launch. Li Auto, on the other hand, has not announced orders for the Li Mega, and its shares have been down about 18 percent since the MPV's launch.
Leapmotor's JV with Stellantis gets approval from Chinese regulator, report says
A Chinese regulator has given its approval for Leapmotor's joint venture with Stellantis, with the deal still awaiting regulatory approval in other markets, according to Reuters.
