The suspension will prevent companies from adding new robotaxis, starting new test projects, or expanding to new cities, Bloomberg reported. Read more…
Author: cnevpost
Geely Q1 profit falls 27% as currency fluctuations weigh on results
Excluding the impact of foreign exchange fluctuations, Geely’s core profit grew 31%, contrasting with the broader weakness in China’s auto market. Read more…
Nio shares surge over 7% in Hong Kong after Onvo L80 debut and pre-sales launch
Onvo president said L80 orders are slightly better compared to the L90’s performance during the same period last year. Read more…
BYD Q1 profit plunges 55% on early-year slow season in China
BYD’s first-quarter net profit tumbled 55% as the traditional early-year slow season in China pressured automakers’ profits. Read more…
Geely Galaxy M7 hybrid SUV hits market with aggressive pricing and long range
The Geely Galaxy M7 has a limited-time starting price of 109,800 yuan ($16,060) to challenge BYD in the highly competitive mass market. Read more…
Nio Onvo L80 5-seat SUV opens pre-sales below L90 price, set for May 15 launch
The Onvo L80 is available for pre-sales starting at 245,800 yuan ($35,940) including the battery pack, 7.52% lower than the L90. Read more…
BYD’s iconic Han EV gets major upgrade with second-gen Blade Battery and flash charging
BYD launched the Han EV flash charging edition with a starting price of 179,800 yuan ($26,290). Read more…
Geely signs distribution deal to enter Austrian market
First vehicles, including the Geely E5 and Starray EM-i, are expected to hit the Austrian market in the second quarter of 2026. Read more…
FAW Hongqi reportedly seeks European manufacturing base via Stellantis partnership
FAW Hongqi is in talks with Stellantis to utilize its Spanish plant to accelerate European expansion. Read more…
Hyundai’s China survival plan hinges on 20 new electrified models
Hyundai is revamping its China product roadmap with the Ioniq brand, planning to launch 20 new NEV models within five years to target a sales volume of 500,000 units by 2030. Read more…
BYD Denza launches second-gen D9 with ultra-fast charging to defend MPV market share
The updated Denza D9 starts at 359,800 yuan ($52,730) and continues to offer both BEV and PHEV options. Read more…
Leapmotor reportedly plans second brand for higher-end EV market
Leapmotor plans to launch a new brand in 2027, targeting the high-end EV market priced above 300,000 yuan ($43,970) to boost profitability. Read more…
CATL secures world’s largest sodium-ion battery order in major tech shift
CATL and HyperStrong signed a three-year, 60 GWh sodium-ion battery order for energy storage. Read more…
Nio Onvo L80 mirrors L90 strategy with in-house developed chip integration
Onvo’s upcoming L80 five-seat SUV will offer both LiDAR and pure vision options, mirroring the strategy used on the L90. Read more…
Nio launches aftermarket assisted driving indicator light upgrade for Chinese customers
Blue assisted driving indicator lights are becoming standard on newly launched EV models in China. Read more…
CPCA expects China’s April NEV retail sales to edge up to 860,000 units
China’s April NEV retail penetration rate is expected to rise above 60% for the first time, with NEVs rebounding as the broader auto market continues to decline. Read more…
Reborn Freelander brand names first model Freelander 8, releases official images
The revived Freelander brand from Chery and Jaguar Land Rover released official images of its first production model, officially named the Freelander 8. Read more…
Leapmotor bets on strong orders and new models to reach 1 million deliveries
Leapmotor’s overseas sales now account for over 36%, with a target to reach 60%. Read more…
Nio Onvo highlights massive L80 storage space ahead of Apr 28 debut
The Onvo L80 features up to 2,840 liters of total storage space, claiming to be the five-seat SUV with the largest cargo capacity in China. Read more…
Li Auto accelerates global push with new Middle East and Asia partnerships
Li Auto has signed partnerships with UAE and Saudi Arabian dealers and announced expansion plans for the Asia-Pacific region. Read more…
