SAIC and Audi are combining their resources to jointly develop a series of EV models, with the first product expected to go on sale in 2025. Read more…

A total of 243 stations provide PSP services that enable Nio vehicles to autonomously drive from the main road to a target service area and autocomplete a battery swap when NOP+ is turned on. Read more…

Chinese customers who order a Tesla vehicle before June 20 will have the chance to get a 5,000-km free supercharging entitlement, but only 140 spots are available. Read more…

At the end of 2023, Nio was taking about 295 days to clear receipts payable, and Xpeng 221 days, compared with 197 days and 179 days, respectively, in 2021, according to Bloomberg. Read more…

Xpeng will offer its autonomous driving and EV technology to other automakers, allowing the company to generate a new stream of revenue, its vice president Brian Gu said in an interview with the South China Morning Post. Read more…

Thousands of completed Li Megas are currently parked in the parking lot of Li Auto’s Beijing plant, according to local media. Read more…

The Xpeng G6 debuts in Hong Kong at a starting price of HK$299,900 ($38,440), with the first deliveries of the right-hand drive version expected in the third quarter. Read more…

Gotion has launched the G-Current, which supports ultra-fast charging, the Stellary Battery, a large cylindrical battery, and announced the Gemstone, an all-solid-state battery. Read more…

China FAW will join the Nio-led battery swap alliance, becoming the seventh automaker to do so, according to local media. Read more…

Li said this in response to a question about Nio’s sales expectations for Onvo’s first model, and used English when referring to ‘P&L’. Read more…

Li Auto is accused of exaggerating market demand for the Li Mega and the effectiveness of its operational strategy when it launched the model, allegations that the company refutes. Read more…

G9 is offered in three variants in France, starting at a suggested retail price of 59,990 euros ($64,960). Read more…

Li Auto is reportedly undergoing massive layoffs that could involve more than 5,600 people, as sales fall short of expectations, according to local media. Read more…

China’s retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date. Read more…

Deutsche Bank expects the Nio main brand and the Onvo brand to launch a total of six new products in 2025, realizing 300,000 unit sales. Read more…

Onvo has begun pre-sales of the L60 at RMB 219,900 ($30,440), RMB 30,000 less than the Tesla Model Y. The L60 will hit the market and begin deliveries in September. Read more…

Baidu’s self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025. Read more…

Xiaomi EV plans to increase its daily production time from 8 hours to 16 hours starting in June, with monthly production capacity expected to rise to nearly 20,000 units, according to local media. Read more…

The BYD Shark can sprint from 0 to 100 km/h in 5.7 seconds and supports features including in-vehicle voice control and remote vehicle management. Read more…

Onvo’s president met Nio’s management in 2015 and joined Nio in January 2021 to work on creating Onvo’s team. Read more…