The placement is Hong Kong’s largest share offering this year, with funds to be used for global capacity expansion and zero-carbon business development. Read more…
Author: cnevpost
Mirattery issues new ABS totaling 1.06 billion yuan
The senior A1 tranche is sized at 195 million yuan with a coupon rate of 1.80%, marking a record low since Mirattery’s inception. Read more…
Leapmotor A05 electric hatchback expected to debut in May and launch in June
Leapmotor A05 will target the highly competitive compact hatchback market and is expected to offer LiDAR options. Read more…
Nio’s battery operator Mirattery expands financing with 1 billion yuan green ABN
This marks Mirattery’s second issuance of green ABNs in 2026, following another RMB 1 billion issuance in late March. Read more…
Changan Nevo raises EV price as chip costs surge
Changan Nevo raised the official guide price of its LiDAR-equipped Q07 SUV due to soaring automotive-grade chip costs. Read more…
BYD sells $2.9 million electric supercar at Beijing Auto Show
Yangwang U9 Xtreme becomes the most expensive model sold at this year’s Beijing Auto Show, with a price tag exceeding 20 million yuan ($2.9 million). Read more…
BYD’s new Linghui sub-brand teases e9 flagship sedan for business travel
The Linghui e9 is the second model launched by the BYD sub-brand, following the Linghui e7 that went on sale earlier this month. Read more…
Chinese automakers’ Q1 earnings highlight impact of currency fluctuations
As overseas businesses expand rapidly, fluctuations in the yuan exchange rate are significantly impacting the profits of Chinese automakers. Read more…
BYD Fang Cheng Bao launches Tai 7 EV with flash charging to expand SUV lineup
The Tai 7 EV flash charging edition starts at 199,800 yuan ($29,230), featuring the second-generation BYD Blade Battery and ultra-fast flash charging technology. Read more…
China NEV retail sales drop 11% to 614,000 units in April 1-26
NEV retail penetration reached 61.2% during the period as traditional combustion-engine cars fared worse. Read more…
Dreame adopts Huawei-style approach to build premium EVs without owning factories
Dreame has adopted a “Huawei-like model” to build cars, co-creating new auto brands with partners. Read more…
Rox Motor pivots to China EV market after overseas expansion
Rox Motor is accelerating its domestic market expansion in China through a new dealership model following initial success overseas. Read more…
Geely teases pure electric version of Starship 7 SUV with 605-km range
Geely Galaxy teased the new Starship 7 EV, a sister model to the currently available Starship 7 EM-i hybrid SUV. Read more…
China suspends new robotaxi permits after Baidu’s Wuhan outage, report says
The suspension will prevent companies from adding new robotaxis, starting new test projects, or expanding to new cities, Bloomberg reported. Read more…
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…
