SAIC-GM-Wuling launches battery pack for commercial NEVs

The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.

Tesla gross margin slips further in Q4, to start production of new EV model in H2 2025

Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant.

BYD and FAW intend to invest in drone maker DJI's auto unit, report says

DJI Automotive and Huawei's automotive business will be options that must be considered by established carmakers that are short on smart driving R&D, local media said.

China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month

China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales.

Neta to launch its 1st shooting-brake model in mid-2024

The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring.

Tesla plans to produce new EVs in mid-2025, report says

Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model.

SAIC's EV unit IM Motors offers $1,670 discount on LS6 SUV

The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.

Tesla Model S and Model X expected delivery dates in China extended to Q2

The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months.

State investors jump on board NEV maker Leapmotor's bandwagon

As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis.

Xpeng offers $6,970 discount on top-trim variant of P7i sedan

Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.
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