Tesla recalls 21,599 locally made Model Y vehicles in China

From January to October, 106,236 Model Y units were sold in China.

Xpeng secures land in Guangzhou for $236 million, expected to be used for R&D projects

The site is located less than 10 kilometers from Xpeng's headquarters building and will be used for new energy vehicle research and development projects.

Didi announces it will delist from US, starts preparations for HK listing

Didi announced today that it is starting the process of delisting from the New York Stock Exchange with immediate effect and initiating preparations for a listing in Hong Kong.

Toyota reportedly plans to launch EV with BYD technology in China

The model will be unveiled at the Beijing Auto Show next April and could cost less than 200,000 yuan ($30,000) and will only be sold in China.

Xpeng CEO says less than 10 carmakers will be major players in global NEV market in the future

Each is expected to generate more than $300 billion in annual revenue and be able to impact the lives of many more people, he said.

Nio enters into long-term strategic partnership with local tourism group

Nio and Nanjing Tourism Group will work together to improve the construction of Nanjing's energy replenishment facilities. It also becomes the latter's hospitality vehicle partner.

Seres unveils new premium brand AITO, aims to build over 1,000 stores with Huawei next year

The first model under the AITO brand, the Wenjie M5, will be the first mass-produced SUV to feature Huawei's latest HarmonyOS smart cockpit and Huawei's smart car solutions.

Hongguang Mini EV sold 45,576 units in Nov, up 22% year-on-year

Wuling's GSEV (Global Small Electric Vehicle) architecture-based model sold a total of 50,141 units in November.

Nio-backed 3D printing service provider closes new $55 million round of funding

WeNext received more than RMB 100 million in investment led by Nio Capital in late January.
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