BYD Fang Cheng Bao to launch new models more intensively from Q4

As its channels improve, Fang Cheng Bao will probably launch new products every quarter from the fourth quarter onwards, the head of the BYD sub-brand said.

Huawei-backed Aito sees 400,000th vehicle roll off line

Cumulative deliveries of the Aito M7 have exceeded 200,000 units, contributing to more than half of Aito's deliveries.

BYD Yangwang to start delivering U9 electric supercar in late Aug

The Yangwang U9, an all-electric supercar, went on sale on February 25 at a starting price of RMB 1.68 million ($231,560).

Xpeng enters Singapore market, opens 1st pop-up store

Xpeng has started pre-sales of the G6 in Singapore, and its first official store is expected to open in September.

Nio rules out robotaxi, says it's not exciting business model

Nio won't be taking jobs from ride-hailing drivers, it's not inspiring, William Li said.

Nio IN 2024: Autonomous driving chip, SkyOS, 2nd-gen Nio Phone, and more

Nio's Shenji NX9031 chip has successfully taped out, marking a significant advancement in its autonomous driving chip development.

CATL sees profit up in Q2, gross margin flat

CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.

Xiaomi EV completes capacity ramp-up, expects to reach 100,000 delivery target by early Nov

Capacity ramp-up at the Xiaomi EV plant has now been completed and the full-year delivery target of 100,000 units is expected to be completed by early November, Xiaomi's CEO said.

CPCA expects China's Jul NEV retail at 860,000, penetration to rise further to 49.7%

China's passenger car retail sales fell in July from June, but the NEV market was bolstered by fast-growing sales of hybrid models, the CPCA said.

Xiaomi secures new land parcel in Beijing, possibly for EV plant phase 2

The current Xiaomi EV factory is a phase 1 project with an annual capacity of 150,000 units, and the second phase is also planned to have an annual capacity of 150,000 units.
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