Xpeng has about 30 new and facelifted models planned for next 3 years, CEO says in internal letter

Xpeng's two new platforms will see the launch of their respective first models in 2024, complementing the company's lineup in the RMB 100,000 to RMB 400,000 price range. ...

BYD Yangwang to officially launch U9 electric supercar on Feb 25

In the minds of many Chinese residents, February 25 marks the real start of a new year's work. ...

BYD mulls EV plant in Mexico

BYD is considering setting up an EV plant in Mexico as it seeks to establish an export hub to the US, Nikkei reported. ...

JAC says its luxury EV built with Huawei expected to hit market in 2025

JAC and Huawei will collaborate to build a luxury smart EV that is expected to hit the market in 2025, the automaker said. ...

Xpeng's next B-class sedan to begin production in Q3, supplier says

Earlier this week local media reported that Xpeng will launch a sedan codenamed F57 later this year, which will be a notch above the company's current flagship sedan, the P7 series ...

Tesla sells 39,881 cars in China in Jan, exports 31,566 from Shanghai plant

Tesla's share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December. ...

China's NEV retail at 668,000 in Jan, down 29.5% from Dec

China's NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December. ...

Li Auto to report Q4 earnings on Feb 26

Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent. ...

Geely Auto inks deal to purchase Zeekr cars for resale in Mexico

At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto s ...

Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%

As a comparison, CATL and BYD's shares in 2022 were 36.2 percent and 13.9 percent, respectively. ...
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