In September, China’s passenger NEV retail penetration rate is expected to reach a record high of 58.1 percent.
China’s overall passenger vehicle retail sales for September are projected to be about 2.15 million units, a 2.0 percent year-on-year increase.
Onvo said the L60 will evolve and become better as it marks its one-year anniversary on September 19.
By the end of August, the L60 had accumulated total deliveries of 64,458 units.
Onvo said the L60 will evolve and become better as it marks its one-year anniversary on September 19.
By the end of August, the L60 had accumulated total deliveries of 64,458 units.
China has maintained its position as the world’s top producer and seller of NEVs for ten consecutive years.
From 2020 to 2024, China’s NEV sales surged tenfold from about 1.3 million units to nearly 13 million units.
Dreame’s EV unit shared a rendering in its first Weibo post, mentioning some specifications.
Dreame will offer ultra-luxury EVs and mass-market models under two brands, a report said.
The M9 comes with a discounted starting price of just RMB 173,800 ($24,470), making it one of the most affordable large SUVs in the Chinese market.
Analysts note the M9’s core selling point is its highly competitive pricing, setting a new benchmark in the full-size SUV segment.
The 2026 N9 retains its starting price of RMB 389,800 ($54,870) while introducing upgrades to the cabin chip, exterior and interior.
The update arrives just six months after the PHEV’s March launch, making it one of the fastest-evolving models under BYD’s umbrella.
Nio has completed its latest share offering, with underwriters fully exercising their over-allotment option, raising $1.16 billion.
Nio’s shares have risen for four consecutive trading days, a rare occurrence for a company to see its stock surge following a new share issuance.
China’s total passenger vehicle retail sales from September 1-14 totaled 732,000 units, down 4 percent compared to the same period last year.
China’s NEV retail penetration rate stood at 59.8 percent in the September 1-14 period, and 51.67 percent year-to-date.
The AUDI E5 Sportback rivals the Nio ET5 Touring in size and boasts a range of up to 773 km.
The E5 Sportback offers single-motor and dual-motor options, and can accelerate from 0 to 100 km/h in as little as 3.4 seconds.
Zeekr began pre-sales for the Zeekr 9X on August 29, securing 42,667 pre-orders within the first hour.
With a starting pre-sale price of RMB 479,900 ($67,520), the Zeekr 9X ranks among the most expensive models from a Chinese domestic automaker.
The S9T is Stelato’s second model following the S9 sedan, with a starting price of RMB 309,800 ($43,580).
Offering both BEV and EREV options, the S9T is the latest entrant in China’s electric station wagon market.
The imminent launch of the third-generation ES8 and an improved balance sheet have driven Nio’s stock price higher for four consecutive trading days.
Nio will officially launch the third-generation ES8 this Saturday, with the official price expected to be further reduced from its already competitive pre-sales price.
Most variants of the Tang DM-i now offer a 175-km battery range, up from the previous 115 km.
The Tang family sold 103,447 units from January to August, accounting for 3.61 percent of BYD’s NEV sales during the same period.
Most variants of the Tang DM-i now offer a 175-km battery range, up from the previous 115 km.
The Tang family sold 103,447 units from January to August, accounting for 3.61 percent of BYD’s NEV sales during the same period.
The move aims to reduce reliance on a single supplier and lower costs.
The Mona lineup will use Eve Energy batteries for the base versions, while the long-range versions will continue to use BYD batteries.
This is a rare occurrence in the flying car sector, highlighting potential safety risks.
At least one passenger was injured and transported to the hospital, with no life-threatening injuries reported, according to a report.
Chery passed the Hong Kong Stock Exchange’s listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.
Chery plans to raise between $1.5 billion and $2 billion, potentially making it the largest auto IPO on the Hong Kong Stock Exchange this year.
As of this writing, Hesai rose 11 percent to HK$236.2 per share in Hong Kong, with a market capitalization of HK$36 billion.
Hesai raised HK$4.16 billion ($535 million) through the listing, the largest listing in the global LiDAR industry to date.
Over 50 percent of these orders are for the two highest-priced Ultra variants of the model. Read more…
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