Tesla has extended its 5-year 0 percent interest loan in China until November 30, further renewing the incentive for car purchases that began in April. Read more…

The manufacturing site will be used to produce the flying body portion of Xpeng Aeroht’s modular flying car, with a planned annual capacity of 10,000 units. Read more…

Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders. Read more…

Former Nio CFO Steven Feng has joined US-sanctioned surveillance camera maker Hikvision, after leaving the EV maker in early July. Read more…

A BYD executive expects the Shark to sell between 10,000 and 15,000 units annually in Brazil, which would make it a top 5 midsize pickup in the country. Read more…

The 2025 Tang DM-i is powered by BYD’s DM 5.0 hybrid system, with the entry-level price unchanged and all other variants priced lower than their predecessors. Read more…

The EU and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-made EVs, at a time when additional tariffs are due to come into force next week. Read more…

That’s because Svolt’s operations in its home market in China are already struggling, and it can’t afford to handle overseas factories that require a lot of capital, according to Caixin. Read more…

The new mid-to-large-size SUV will be a key weapon in Onvo’s drive to boost deliveries next year, a local media report said. Read more…

In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA. Read more…

Pony AI has also entered into a partnership with Luxembourg-based mobility company Emile Weber, with the two working together to promote the development and deployment of autonomous vehicles and technologies. Read more…

Xiaomi’s phase 2 EV plant is expected to complete construction of the main structure by the end of this year and is scheduled to be fully built by June 15 next year, according to local media. Read more…

CATL has launched the Freevoy battery for hybrid vehicles, which offers a range of more than 400 kilometers and supports 4 C fast charging, allowing hybrid vehicles to deliver a BEV-like experience. Read more…

Xpeng will hold this year’s tech day event on November 6, changing from its regular practice of holding the event on October 24 each year for the past five years. Read more…

Xiaomi unveiled the SU7 Ultra prototype in July with 1,548 horsepower. It had previously said that the official launch of the production version of the SU7 Ultra would be in the first half of 2025. Read more…

Tesla said it expects to achieve slight growth in vehicle deliveries in 2024 despite ongoing macroeconomic conditions. Read more…

Zeekr launched the Zeekr Mix five-seater, its new foray into uncharted waters after its first model, the Zeekr 001 shooting brake. Read more…

China’s NEV retail sales slowed last week, dragging down the month-to-date performance. Read more…

As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province. Read more…

Xpeng and UAE dealer Ali & Sons will open another store in Abu Dhabi next year, in addition to the Dubai store it has opened. Read more…