Svolt Energy reportedly suspends 2 battery factory projects in Germany

That's because Svolt's operations in its home market in China are already struggling, and it can't afford to handle overseas factories that require a lot of capital, according to Caixin.

Nio Onvo's 2nd model expected to be released by end of Q1 2025, report says

The new mid-to-large-size SUV will be a key weapon in Onvo's drive to boost deliveries next year, a local media report said.

CPCA expects China's Oct NEV retail sales at 1.15 million, above 1 million for 3rd consecutive month

In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA.

Chinese autonomous driving startup Pony AI opens European R&D center in Luxembourg

Pony AI has also entered into a partnership with Luxembourg-based mobility company Emile Weber, with the two working together to promote the development and deployment of autonomous vehicles and technologies.

Xiaomi speeds up phase 2 EV plant construction with workers on double shifts, report says

Xiaomi's phase 2 EV plant is expected to complete construction of the main structure by the end of this year and is scheduled to be fully built by June 15 next year, according to local media.

CATL launches Freevoy battery for hybrid cars that can offer over 400 km range

CATL has launched the Freevoy battery for hybrid vehicles, which offers a range of more than 400 kilometers and supports 4 C fast charging, allowing hybrid vehicles to deliver a BEV-like experience.

Xpeng to hold annual tech day event on Nov 6

Xpeng will hold this year's tech day event on November 6, changing from its regular practice of holding the event on October 24 each year for the past five years.

Xiaomi to unveil SU7 Ultra's production version on Oct 29

Xiaomi unveiled the SU7 Ultra prototype in July with 1,548 horsepower. It had previously said that the official launch of the production version of the SU7 Ultra would be in the first half of 2025.

Tesla Q3 revenue misses estimates while EPS and margins beat

Tesla said it expects to achieve slight growth in vehicle deliveries in 2024 despite ongoing macroeconomic conditions.

Zeekr launches new model Mix in latest foray into uncharted waters

Zeekr launched the Zeekr Mix five-seater, its new foray into uncharted waters after its first model, the Zeekr 001 shooting brake.
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