The 2024 Zeekr X eliminates the previous, lower-priced entry-level version and retains the other two versions, but at reduced prices. Read more…

In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio’s priorities. Read more…

U Power said its UP Super Board can cut development time by at least six months, ultimately reducing the cost and time to market of EV products. Read more…

DeepRoute and Tencent have partnered in the mapping space to create smart driving cars that don’t come with HD maps. Read more…

Alps is targeting the family car market priced between RMB 200,000 ($28,000) and RMB 300,000, according to local media. Read more…

In the fourth quarter, Tesla sold 169,935 vehicles in China, accounting for 35 percent of its global deliveries of 484,507 vehicles. Read more…

Nio needs to continue to improve its financial performance to support the company’s sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said. Read more…

For the full year 2023, China’s NEV penetration at retail was 35.7 percent, up 8.1 percentage points from 2022. Read more…

Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries. Read more…

The AT512 has 512 laser channels and a maximum detection range of over 400 meters. Read more…

CATL’s share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period. Read more…

The facilities allow vehicles to charge during low electricity use and discharge during peak times, helping to smooth the load on the grid and provide financial rewards for vehicle owners. Read more…

Li Auto’s local counterpart Nio has unveiled its first in-house developed autonomous driving chip, which will be used in the ET9 executive flagship sedan. Read more…

Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them. Read more…

Malaysia’s EPMB will locally assemble Great Wall Motor’s electric vehicles, as well as a number of its models including its SUVs. Read more…

Xiaomi EV’s ultimate goal is to have Xiaomi vehicles driving around on every street in the world, it said. Read more…

Zeekr delivered its 200,000th vehicle since its inception today, and an executive said the next 200,000 deliveries will be made within 12 months. Read more…

Evergrande NEV president Liu Yongzhuo has been taken into criminal detention on suspicion of violating the law, an announcement said. Read more…

The Sterra ES hit the market less than 20 days ago, and the new variant lowers the starting price by 12 percent, underscoring the brutal competition in China’s EV market. Read more…

Nammi is Dongfeng’s new brand launched in August 2023 with the goal of surpassing 400,000 sales by 2025. Read more…