The Maextro S800 joins the Nio ET9 and Yangwang U7 as the latest challenger to Mercedes-Maybach.
The Maextro S800 has a starting price of RMB 708,000 ($98,330), significantly lower than the previously marketed price range of RMB 1 million to RMB 1.5 million.
This marks the first official mention of the ES9.
The name ES9 suggests that the SUV may feature Nio’s latest technological advancements, similar to the ET9.
Five early investors in Zeekr have said that Geely’s privatization offer undervalues the EV unit, according to Reuters.
These five investors participated in Zeekr’s first round of external financing in 2021, when Zeekr was valued at $9 billion.
Due to production process issues, the power batteries in these vehicles pose a risk of overheating.
The recall is being carried out by Spotlight, the joint venture between BMW and Great Wall Motor.
BYD’s brand chief refuted recent allegations based on metrics including debt ratio, total debt, and payment cycles to suppliers.
A recent interview with the chairman of GWM sparked discussions about BYD being the “Evergrande of the automotive industry.”
Geely has opened its first flagship store in Chile and its first showroom in Nicaragua.
Geely already has 25 sales and service outlets in Chile.
The auto group’s models equipped with Seyond products will go into mass production in 2026, with sales expected to reach hundreds of thousands over the next three years.
Seyond was founded in 2016, but to date, its primary client has been Nio.
Nio said NWM — first available to 400,000 NT 2.0 vehicles — brings a “comprehensive upgrade” to smart driving capabilities.
Vehicles equipped with the latest Cedar system will begin receiving the NWM software update by the end of June.
Avatr launched the Avatr 11 SUV in Hong Kong, with a starting price of HKD 513,800 ($65,540).
From January to April, Avatr sold 36,164 vehicles, a year-on-year increase of 82.84 percent.
Li Auto will launch its first pure electric SUV model, the Li i8, in July, and will roll out another electric SUV, the Li i6, in September.
It will only consider launching sedan models after its annual revenue doubles compared to 2024.
BYD delivered its 1,000th Atto 3 in South Korea, just one and a half months after deliveries began on April 14.
The Atto 3 sold 543 units in South Korea in April, surpassing the long-dominant Tesla Model Y.
Li Auto reported a net income of RMB 646.6 million for the first quarter, up 9.4 percent year-on-year.
The gross margin for the first quarter was 20.5 percent, largely flat from the same period last year and the fourth quarter.
The Yangwang U7 was launched on March 27 with a starting price of RMB 628,000 ($87,240).
Yangwang is BYD’s ultra-luxury sub-brand, which sold 135 vehicles in April.
BYD Shenzhen has 9,200 standard loading spaces, covering an area equivalent to 20 football fields.
BYD Shenzhen embarked on its first ocean voyage on April 27.
The Sealion 07 EV has been renamed Sealion 7 in Guatemala, similar to BYD’s approach in other overseas markets.
BYD entered Guatemala in November 2024, launching four models at the time.
Nio and Zeekr have reached an agreement to share charging facilities, marking a rare collaboration between two direct competitors.
Nio will collaborate with Zeekr to provide users with a wide-ranging and convenient charging service.
Xpeng has launched new Max and Plus variants for the Mona M03, with the Max variant offering capabilities similar to Tesla’s FSD.
Among the first hour’s orders, the Max variant accounted for 83 percent.
The Xpeng Mona M03 Max starts at RMB 129,800 ($18,040) and comes standard with the free Turing smart driving system.
From January to April, the Mona M03 delivered 61,340 units, accounting for 47.53 percent of Xpeng’s total deliveries during the same period.
China’s retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.
Retail sales of all passenger cars in China were 1.358 million units in the May 1-25 period, up 16 percent compared with the same period last year.
China’s retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.
Retail sales of all passenger cars in China were 1.358 million units in the May 1-25 period, up 16 percent compared with the same period last year.
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