That’s in contrast to Nio’s William Li’s view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met. Read more…

Nio had raised the price of daily battery upgrades for February a few days ago. February 10-17 is the Chinese New Year holiday. Read more…

Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media. Read more…

The new M7 was launched on September 12 and contributed 84 percent of Aito’s 24,468 deliveries in December. Read more…

The animated video showcases the Nio ES8’s self-driving capabilities, zero-gravity seat, and elegance on the road. Read more…

Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models. Read more…

Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand’s EV market with a 40 percent share. Read more…

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today. Read more…

Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant. Read more…

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project’s A-class sedan is scheduled for launch in the second half of the year. Read more…

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital. Read more…

The Lotus Emeya is available in four trims, three of which feature four LiDARs. Customers who order now can expect delivery in 6-8 weeks. Read more…

China’s passenger car retail sales are estimated to be around 2.2 million units in January, down 6.5 percent from December. Read more…

Tesla began purchasing cathode coils from two second-tier Chinese battery makers in the second half of 2023 and shipping them to its Texas factory in the US to produce 4680 batteries, according to local media. Read more…

Ganfeng will supply battery-grade lithium hydroxide products to Hyundai Motor under a contract valid from January 1, 2024 to December 31, 2027. Read more…

BYD has launched the Seal, Dolphin and Atto 3 in Indonesia and plans to invest $1.3 billion in a plant with a capacity of 150,000 vehicles. Read more…

Tesla in China is asking those interested to choose the city where they want the Cybertruck to make its debut, but the pickup may not be available for sale in the country for the foreseeable future. Read more…

The meeting covered topics including promoting the development of the NEV industry, boosting NEV consumption, and encouraging the expansion in overseas markets, according to local media. Read more…

A new car carrier joins the fleet of SAIC’s Anji Logistics, bringing the total number of vessels to 31. Read more…

SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth. Read more…