Tesla starts new promotion in China amid fierce EV price war

Chinese customers who take delivery of already-produced vehicles of the Model 3 and Model Y by the end of March can get benefits including an insurance subsidy of RMB 8,000.

Chery's new iCAR brand launches 1st EV model iCAR 03, prices start at $15,260

The iCAR 03 has a boxy look, and Chery said it's a car for young people.

Xpeng says its XNGP assisted driving feature becomes available on all roads in China

Xpeng will begin development of a globally available highway NGP in 2024 and a globally available XNGP in 2025.

CATL's M3P battery expected to be installed in Tesla models, report says

CATL is still in the process of developing and validating the M3P battery with Tesla, and the exact timing of the installation is not yet clear, according to local media.

BYD looking for Mexican plant site

BYD's plan is to build the facility for the Mexican market, not the export market, a company executive said.

Xiaomi's 1st EV model expected to start deliveries in Apr, report says

Xiaomi's first EV model is expected to hit the market in March and deliveries will start in April, with production set to be around 2,000 units in the first quarter, according to local media.

Li Mega pre-orders far exceed Li L9's performance over same period, says Li Auto CEO

Li Auto CEO said the company will share how it will make a premium BEV a hot seller at its March 1 launch event.

BYD continues model update with refreshed Song Plus, Seal DM-i

BYD continues its post-Chinese New Year model update move with refreshed versions of the Ocean series' Song Plus, Seal DM-i priced significantly lower than previous versions.

Xpeng, VW ink joint sourcing program to reduce platform costs

The joint sourcing program will reduce platform costs by sharing the combined scale of the two companies and leveraging Volkswagen's supply chain, Xpeng said.

Svolt Energy's battery plant in Thailand begins mass production

Svolt Energy expects its Thailand plant to supply more than 20,000 battery packs to local customers this year.
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