China NEV retail at record 1.2 million in Oct despite penetration pull-back
Retail sales of NEVs in China reached a record high in October, but NEV penetration declined slightly due to faster growth in gasoline vehicle sales.
Tesla sells 40,485 cars in China in Oct, exports 27,795 from Shanghai plant
Tesla sold 40,485 vehicles in China in October, the lowest since April, as exports from its Shanghai factory rose 72.41 percent from September.
Xiaomi files for SU7 Ultra, to debut at Guangzhou auto show on Nov 15
Xiaomi SU7 Ultra has entered a regulatory filing catalog, allowing some core specs to come to light.
Audi, SAIC launch new brand 'AUDI', unveil concept car E concept
Audi has launched the “AUDI” brand in China, with a logo featuring a combination of “AUDI” letters, in a bid to utilize China's supply chain to create EV models that cater to local consumer preferences.
Deutsche Bank raises monthly sales estimate for Xpeng P7+ to 9,000 from 6,000
Deutsche Bank said the Xpeng P7+ is competitively priced and is longer, taller and has a larger wheelbase compared to its class rivals.
Xpeng says P7+ gets 31,528 orders 3 hours after launch
The P7+ received 31,528 firm orders three hours after launch, breaking records for all other models in Xpeng's history, the company said.
Xpeng launches P7+, aiming for another blockbuster model after Mona M03
The P7+ starts at RMB 186,800 ($26,100), 11 percent below the pre-sale price. It received more than 10,000 firm orders in the first 12 minutes.
Nio to report Q3 2024 earnings on Nov 20
Nio delivered a record 61,855 vehicles in the third quarter, within the guidance range of 61,000 to 63,000 vehicles.
Zeekr begins car deliveries in Norway
Zeekr has delivered a Zeekr 001 to its first car owner in Norway, after announcing its entry into the European country a month ago.
Neta making massive layoffs, report says
One insider said Neta's layoffs could reach up to 70 percent, while another said the percentage varies by division and is not that high overall.