Chinese autonomous driving startup Pony to set up JV in South Korea

Pony.ai plans to set up a joint venture with South Korea's GemVaxLink in Seoul within the year, which will deploy a fleet of autonomous vehicles in Seoul in the initial phase.

China's Feb NEV wholesale at 450,000, down 34% from Jan, CPCA estimates show

February sales in China's auto market are expected to be the lowest of the year, the CPCA said.

Tesla sells 60,365 China-made cars in Feb, down 15.5% from Jan

Tesla saw a further decline in China-made vehicles sold last month, likely due to the impact of the Chinese New Year holiday on production at its Shanghai plant.

BYD launches updated Yuan Plus with 12% lower starting price

The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name.

Nio's William Li asks potential Tesla Model Y buyers to wait for Alps' 1st model

Those who have been looking to buy a Model Y lately can wait a little while, as Alps' first model is certainly cheaper, said Nio's William Li.

Nio, EV-Tech sign deal on parts for high-voltage system

Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio's STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio's second brand expected to begin in 2025.

Xpeng extends discounts for G6, G9, P7i

These discounts are a continuation of the February offer, bringing the G6's starting price down to RMB 189,900.

GAC Aion adds new trim to Aion Y Plus, drops price by 17%

The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price.

Nio says its NOP+ assisted driving feature works nationwide in China, recruits 1st 100 testers

Nio's latest NOP+ could be used outside of Greater China, further demonstrating its algorithm's ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said.

Leapmotor launches new SUV C10 with prices starting at $17,900, updates existing models with lower prices

The Leapmotor C10's official pricing is significantly lower than it was at pre-sale, and updated versions of existing models see price cuts across the board.
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