Li Auto doubles net income in Q4 from Q3, gross margin improves to 23.5%
Li Auto guides deliveries to be between 100,000 and 103,000 units in the first quarter of 2024, an increase of 90.2 percent to 95.9 percent from the first quarter of 2023.
Li Auto reveals supercharging station buildout plan for this year
Li Auto said it aims to reach 2,000 supercharging stations by the end of 2024.
IM Motors launches 2024 L7 sedan with lower starting price
The L7, IM Motors' first model, has been updated with its starting price cut by RMB 38,900, or 11.5 percent.
BYD's initial plan for its 2024 sales target is 4 million units, report says
BYD is set to announce a 4-million-unit target, with a higher 4.2 million sales forecast given to suppliers, including 2 million BEVs, and 2.2 million PHEVs, according to local media.
BYD says updated Qin Plus gets 23,590 orders in 1st week on market
BYD launched the updated Qin Plus sedan on February 19, the first model it's updating in its second offensive against traditional fuel cars.
IM Motors to become latest Chinese EV maker to add gas engines to EV models
IM Motors CEO said the company's fifth model will be an EREV, set to become the latest after Avatr to look to gasoline engines to boost sales.
BYD Yangwang launches U9 electric supercar with starting price of $233,500
The Yangwang U9's powertrain delivers up to 1,306 Ps of horsepower, allowing the vehicle to sprint from 0 to 100 kilometers per hour in 2.36 seconds.
BYD's battery unit FinDreams to develop batteries for 2-wheelers
FinDreams said it will offer safer, more reliable batteries for electric two-wheelers, after a recent deadly accident revived concerns about the safety of electric two-wheeler batteries.
BYD to launch updated Han and Tang models on Feb 28
Updated versions of BYD's Han and Tang are poised to take the price war further into the mid- to high-end EV market.
BYD chairman doubles proposed share buyback amount to boost investor confidence
BYD chairman Wang Chuanfu doubled the amount of his proposed buyback of the company's shares in the A-share market to RMB 400 million from RMB 200 million and will be used to reduce registered capital.