Nio emerges as surprise winner as Chinese video game 'Black Myth: Wukong' becomes global hit

As Black Myth: Wukong becomes a global hit, images of a character resembling Nio's CEO have been widely circulated, giving Nio unexpected exposure.

Avatr kicks off Avatr 012 pre-sales: Starts at $98,110, limited to 700 units

The Avatr 012 is Avatr's second limited-edition model, based on the Avatr 12 electric sedan with different features to emphasize its more premium positioning.

China NEV retail at 490,000 in Aug 1-18, up 27% from same period last month

China's NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date.

Zeekr to launch hybrid model in H2 2025 in major strategy shift

Zeekr will launch a flagship SUV in the second half of 2025 that will offer a variant with a new electric-hybrid powertrain technology, its CEO said.

Li Auto reaches 900,000 cumulative deliveries milestone

This means that Li Auto has delivered 26,655 vehicles so far this month, considering that it had 873,345 cumulative deliveries as of the end of July.

Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time

In the second quarter of 2024, Xiaomi's innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent.

GAC Aion's new plant goes into operation with annual capacity of 200,000 cars

The Changsha plant is GAC Aion's third, and its other two plants have a combined annual capacity of 400,000 vehicles.

Avatr unveils extended-range system to capitalize on hybrid preference and boost sales

Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV.

Zeekr sees Q2 revenue up 36% from Q1, gross margin rises to 17.2%

Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024.

Zeekr gets L3 autonomous driving test permit in Hangzhou after Shanghai

Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city's highways and urban expressways.
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