Tesla had launched a 0 down payment option in November 2021, but canceled it after just 3 days due to a surge in orders. Read more…

Deliveries of the updated Model 3 Performance, the sedan’s most powerful variant, in China will begin in the third quarter. Read more…

The Ocean-M will be based on a new all-electric platform and is the industry’s first rear-wheel drive all-electric performance hatchback, according to BYD. Read more…

Xiaomi’s third model will be in the RMB 150,000 class, and the company has set a high estimated production and sales target for the affordable model, according to local media. Read more…

Li Auto’s insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng’s were 2,460, up 55.7 percent from the previous week. Read more…

Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange. Read more…

Volume deliveries of the updated Aito M5 will begin on May 15. Customers who order the model before May 31 will receive RMB 37,000 worth of entitlements. Read more…

For customers who have already ordered Xiaomi SU7, Nio’s offline stores are offering a subsidy of RMB 5,000 to entice them to switch to Nio models, according to local media. Read more…

The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China’s autonomous driving space. Read more…

As of April 20, locked-in orders for the Xiaomi SU7 have exceeded 70,000 units, Xiaomi founder Lei Jun said at an investor conference. Read more…

Starting in May, Nio’s more than 20,000 charging piles will begin serving 200,000 Deepal owners. Read more…

The Tank 300 Hi4-T is the lowest-priced model equipped with Hi4-T technology, and this year’s limited supply of 3,000 units has already been sold out. Read more…

Neta L is currently available only in EREV variants, BEV variants will be offered in the future. Read more…

The Yangwang U8 Premium Edition has already been launched and delivered a total of 5,523 units. Coming soon is the Off-road Master Edition with more room for modifications. Read more…

BYD’s first new-energy pickup truck is officially named BYD Shark, built on the DMO super hybrid off-road platform, the company said. Read more…

Customers who currently order the Xiaomi SU7 will have to wait for about 8 months for delivery. Read more…

The updated Tang EV price has been reduced by RMB 30,000, and the Tang DM-p price by RMB 40,000. Read more…

On April 22, 2014, Tesla CEO Elon Musk delivered Model S to the first Chinese owners, including Xiaomi founder Lei Jun and Li Auto founder Li Xiang. Read more…

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The Li L6 underperforms the Li L9 in the same time frame, with the higher-priced Li L9 having more than 30,000 orders in 72 hours. Read more…