Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month. Read more…

Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their views. Read more…

HiPhi began production halt on February 18 — the first working day after the Chinese New Year holiday — sparking fears about its fate. Read more…

More EV makers are betting that the shooting brake style will become a new trend in China. Read more…

Upgraded specifications and lower prices are expected to keep the Zeekr 001 competitive amid fierce price competition, thus helping Zeekr achieve its goal of doubling sales this year. Read more…

Production of the Polestar 3 has begun in Chengdu, China, with additional production expected to begin in the US in mid-2024, Polestar said. Read more…

Saloon unveiled the Mecha Dragon at the Guangzhou auto show in November 2021, but no new developments on the all-electric sedan have been released since. Read more…

Between February 1-25, Nio was 5,100, Xpeng 3,000, Li Auto 16,200, BYD 81,000 and Tesla 24,300. Read more…

BYD presented the Seal U DM-i at the Geneva auto show and plans to launch the model in Europe in the second quarter. Read more…

Arcfox has shipped vehicles to several countries and will accelerate its overseas sales and service network this year, it said. Read more…

China’s off-road NEV market has a lot of room to grow, with steady-state monthly sales of the Tank 700 Hi4-T expected to reach 3,000 units, analysts say. Read more…

Xiaomi Group president said the formal release of the SU7 will come “very soon,” and indicated that domestic deliveries will begin as soon as the second quarter, according to CNBC. Read more…

Li Auto reported strong fourth-quarter results and provided a better-than-expected outlook for first-quarter sales, Deutsche Bank said. Read more…

Li Auto management said they expect to see deliveries top 50,000 in March and 70,000 in June. Read more…

Neta started preparations for its IPO in Hong Kong in the fourth quarter of 2023, with the amount of cornerstone investments signed up so far exceeding RMB 2 billion, according to local media. Read more…

Li Auto already reported its fourth-quarter earnings earlier today, while Nio will report its earnings on March 5. Read more…

Nio will grant Forseven a worldwide license to use certain of the company’s existing and future technologies related to or subsisting in the company’s smart EV platforms. Read more…

China Southern Power Grid Energy Storage will work with Nio Power in areas including battery banks, battery swap stations, and virtual power plants. Read more…

Li Auto expects to deliver 100,000 to 103,000 units in the first quarter. Read more…

Li Auto vaguely said it has 2,000 supercharging stations planned for 2024. Read more…