In the third quarter, Xiaomi’s innovation business, which includes EVs, had a gross margin of 17.1 percent and an average vehicle sales price of RMB 238,650. Read more…

Onvo aims to have at least 500 stores by March next year and 800-1,000 by the end of 2025, according to local media. Read more…

The new target means that Xiaomi is set to deliver 30,000 units in the next less than one and half months. Read more…

A short circuit may occur inside the power battery module of some of the vehicles included in this recall, which in extreme cases may lead to thermal runaway of the battery module. Read more…

BYD was founded in February 1995 with an initial workforce of around 20 employees. Now it has become one of China’s largest automakers, with a total workforce of more than 900,000. Read more…

Zeekr has completed the first 100 deliveries of the Zeekr X in Hong Kong, with local deliveries of the Zeekr 009 MPV set to begin soon. Read more…

Xpeng has signed a distributor agreement with International Motors Ltd and its first model to launch in the UK market will be the G6 — a Tesla Model Y competitor. Read more…

Nio appointed Green Car as its national distributor in Azerbaijan and will start delivering vehicles in the country in the second quarter of 2025. Read more…

The B10 is the first model in Leapmotor’s B-series, which has two other models coming in 2025. Read more…

Avatr, previously known as Changan Nio, plugged into Nio’s charging network, becoming the 14th brand to do so. Read more…

The Denza Z9 is available in PHEV and BEV variants, and its tri-motor powertrain allows the vehicle to sprint from 0 to 100 km/h in 3.4 seconds. Read more…

Jiyue said the Robo X comes with a high-performance drive system and can sprint from 0 to 100 km/h in less than 1.9 seconds. Read more…

BYD expects to produce around 200 electric buses per year in Azerbaijan between 2025 and 2028. Read more…

Xpeng has delivered more than 10,000 units of the Mona M03 for the second consecutive month since its launch, and the model’s production capacity was increased by 40 percent in November. Read more…

Yangwang has begun pre-sales of the U7 without releasing pricing information. The BYD sub-brand previously said the U7 would be priced in the 1-million-yuan level. Read more…

Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said. Read more…

Nio already has a vehicle sales and service partner in Azerbaijan, said its president, Qin Lihong, who will also check out the site for Nio’s first local Nio House. Read more…

A business entity of the Nanning city government will provide Neta with supply chain financial support for raw material sourcing, production, logistics, and export. Read more…

A battery swap station can break even if it serves 60 to 70 times a day, Nio’s CFO said. Read more…

The Song Pro DM-i is the 10th model BYD has launched in Chile. The BYD Shark will be launched in Chile in the first quarter of 2025. Read more…