Xpeng replaces sales chief, wholesale approach faces headwinds, report says
Amid Xpeng's internal concerns and distributor resistance, its wholesale sales model has only been tested on a small scale so far, according to local media.
BYD to launch 5th-gen DM hybrid tech on May 28
BYD will launch its fifth-generation DM (Dual Mode) hybrid technology on May 28, which is expected to give vehicles a range of up to 2,000 km on a full tank of fuel and a full charge.
Xiaomi says working on new EV model, current efforts focused on SU7 deliveries
Multiple media reports have previously suggested that Xiaomi's second model will be an all-electric SUV that will go into production in 2025.
Nio adds new Nio House in Netherlands, its largest in Europe to date
The Nio House in Amsterdam is Nio's second in the Netherlands and seventh in Europe.
Nio plans to continue European expansion despite EU tariff uncertainties
William Li said that Nio plans to continue expanding in Europe despite tariff uncertainties in the European Union, and that many of the complaints raised by the EU do not make sense.
CPCA expects China's May NEV retail at 770,000, penetration at record 46.6%
China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said.
Xiaomi raises SU7 delivery target from 100,000 to 120,000 units in 2024
Xiaomi EV will challenge a delivery target of 120,000 units for the full year 2024, implying a 20 percent increase from the previous target of 100,000 units.
Xiaomi says its smart driving team exceeds 1,000 people
Xiaomi's smart driving team has now surpassed 1,000 people, with plans to add an extra 500 by the end of the year, Xiaomi EV said.
Tesla begins construction of Shanghai Megafactory
Tesla's Shanghai Megafactory is expected to go into production in the first quarter of 2025, with Megapack production of up to 10,000 units per year and nearly 40 GWh of energy storage, Tom Zhu said.
Xiaomi EV ups bet on smart driving with new top talent
Wang Naiyan, former China CTO of autonomous driving tech firm TuSimple, will join Xiaomi EV, according to local media.