Xiaomi working on boosting car production capacity, says CEO
Xiaomi CEO Lei Jun is discussing with colleagues in charge of vehicle manufacturing how to further boost capacity.
BYD launches Yuan Up compact SUV in Europe
The Yuan Up, rebranded locally as the Atto 2, is the ninth model BYD has launched in Europe.
Xiaomi SU7 Ultra to be launched on Feb 27, report says
- Xiaomi's sales target for the SU7 Ultra in 2025 is 10,000 units.
- The SU7 Ultra is priced at about four times the starting price of the regular SU7 sedan.
BYD to unveil vehicle intelligence strategy on Feb 10 in bet on next phase of growth
- After a successful electrification transition, BYD is looking to vehicle intelligence as a new catalyst to drive sales growth.
- BYD's Shenzhen-traded shares jumped nearly 9 percent to a 3-month high in afternoon trading.
BYD launches Sealion 07 electric SUV in Hungary
- The Sealion 07 was renamed the Sealion 7 in Hungary and is BYD's sixth model there.
- The Sealion 07 has become one of BYD's main models exported overseas, having already entered several markets in the past few months.
Chinese property giant Greenland launches unit dedicated to exporting NEVs
- Greenland aims to achieve annual exports of 100,000 NEVs over the next three years.
- It signed its first export order, totaling 5,000 vehicles and valued at about $70 million.
Nio adds 111 swap stations in China in Jan, average daily services reach 95,160
Nio now has 3,106 battery swap stations in China, of which 964 are located along highways.
IM Motors offers limited-time $4,130 discount on L6 electric sedan
The discount, available this month, reduces the starting price of the IM L6 by 13.64 percent to RMB 189,900.
Xiaomi aims to sell 10,000 units of SU7 Ultra in 2025
Xiaomi will "release" the SU7 Ultra when it launches the Xiaomi 15 Ultra phone at the end of this month, its founder said.
Xpeng to achieve L3 autonomous driving in H2 2025, CEO says in internal letter
Xpeng CEO said L3 autonomous driving will drive AI cars into the "iPhone 4 era".