In May, China’s passenger NEV wholesale sales are estimated to have reached 1.24 million units, up 38 percent year-on-year and 9 percent month-on-month.
In the first five months of the year, China’s NEV wholesale sales are estimated to have reached 5.22 million units, up 41 percent year-on-year.
This marks Tesla China’s eighth consecutive month of year-on-year sales decline.
In the first five months of the year, Tesla China sold 292,875 vehicles, down 17.64 percent year-on-year.
BYD launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.
BYD’s BEV registrations in Europe surpassed Tesla’s for the first time in April.
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 5,400 insurance registrations in China last week, a decrease of 17.30 percent from the previous week.
Tesla saw an increase of 18.18 percent in insurance registrations in China last week compared to the previous week’s 11,000 units.
Tesla is equipping its Shanghai Megafactory with a distributed photovoltaic power generation and energy storage system project.
The project will feature a 6-MW photovoltaic power generation system and an 8-MWh energy storage system.
Xpeng hinted that one of its new models will adopt Huawei’s HUD (head-up display) solution.
This marks a rare collaboration between the two companies, which have had previous friction.
Nio is in talks with potential buyers to sell a stake in a key asset, according to Chinese tech media outlet LatePost.
Two months ago, reports emerged that CATL was in talks to acquire a controlling stake in Nio Power.
The Nio brand has the chance to hit 25,000 monthly sales in the fourth quarter, said William Li. Read more…
The Nio brand has the chance to hit 25,000 monthly sales in the fourth quarter, said William Li. Read more…
Nio reported a net loss of RMB 6.75 billion in the first quarter, an increase of 30.19 percent year-on-year, though by 5.08 percent compared to the fourth quarter of 2024.
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
Nio reported a net loss of RMB 6.75 billion in the first quarter, an increase of 30.19 percent year-on-year, though by 5.08 percent compared to the fourth quarter of 2024.
Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.
The starting price of the YU7 will not be just RMB 20,000 higher than the SU7 electric sedan, Lei Jun said.
Xiaomi’s automotive chip is currently under development and is expected to be released soon.
Xiaomi EV is poised to become the fastest to achieve profitability among China’s new automotive brands.
In the first quarter, Xiaomi’s innovative businesses, including EV and AI, reported an operating loss of RMB 500 million.
In 2025 and 2026, Nio will launch its cars in Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania.
Currently, some vehicles under the Nio main brand are available in Norway, Germany, the Netherlands, Sweden, and Denmark.
The Zeekr 7X is set to officially launch in the Hong Kong market in late June, aiming to become the new benchmark for family vehicles in the city.
The SUV has already begun deliveries in Europe in May.
In its May model updates, Nio’s new strategy avoided additional costs from material waste, according to a local media report.
Nio will release its unaudited first-quarter 2025 financial results later today, with management holding a conference call afterward.
In its May model updates, Nio’s new strategy avoided additional costs from material waste, according to a local media report.
Nio will release its unaudited first-quarter 2025 financial results later today, with management holding a conference call afterward.
The Geely Galaxy A7 has a fuel consumption of just 2 liters per 100 kilometers when running on low battery power, and a combined range of up to 2,100 km.
Geely Galaxy sold 101,845 vehicles in May, a year-on-year increase of 273 percent.
The Geely Galaxy A7 has a fuel consumption of just 2 liters per 100 kilometers when running on low battery power, and a combined range of up to 2,100 km.
Geely Galaxy sold 101,845 vehicles in May, a year-on-year increase of 273 percent.
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