Li Auto’s local counterpart Nio has unveiled its first in-house developed autonomous driving chip, which will be used in the ET9 executive flagship sedan. Read more…

Morgan Stanley cut its price targets on Nio and Xpeng, while raising its price target on Li Auto and maintaining its Overweight rating on them. Read more…

Malaysia’s EPMB will locally assemble Great Wall Motor’s electric vehicles, as well as a number of its models including its SUVs. Read more…

Xiaomi EV’s ultimate goal is to have Xiaomi vehicles driving around on every street in the world, it said. Read more…

Zeekr delivered its 200,000th vehicle since its inception today, and an executive said the next 200,000 deliveries will be made within 12 months. Read more…

Evergrande NEV president Liu Yongzhuo has been taken into criminal detention on suspicion of violating the law, an announcement said. Read more…

The Sterra ES hit the market less than 20 days ago, and the new variant lowers the starting price by 12 percent, underscoring the brutal competition in China’s EV market. Read more…

Nammi is Dongfeng’s new brand launched in August 2023 with the goal of surpassing 400,000 sales by 2025. Read more…

Zeekr’s 200,000th vehicle delivered was the Zeekr 007, which hit the market on December 27, and the milestone means it has delivered 3,367 vehicles so far this month. Read more…

Nio’s hardware chief Bai Jian has confirmed that he’s taking over the phone business, and hinted that the Nio Phone may use the company’s own image signal chips. Read more…

The move is in response to competition from Huawei-backed Aito’s new M7, and Li Auto’s sales expectation for the Li L6 is 20,000 units per month, according to local media. Read more…

The shake-up of the phone team doesn’t mean the business will stop, and Nio will launch at least 3 generations of smartphones, according to local media. Read more…

The sodium-ion battery-equipped model has a battery pack capacity of 23.2 kWh, a CLTC range of 230 km, and can be charged from 10 percent to 80 percent in 20 minutes. Read more…

Geely Auto aims to target the market with the broadest potential user base with the Galaxy E8 and accelerate the replacement of conventional internal combustion engine vehicles. Read more…

This is Tesla’s biggest recall in China, involving potentially all delivered vehicles. Read more…

The front wheels of the Nio ET9 prototype move up and down at high frequencies, while the two water-filled glasses placed at the front of the car remain stable. Read more…

BYD has started construction on its sodium-ion battery facility in Xuzhou, Jiangsu province, with a total investment of RMB 10 billion and a planned annual capacity of 30 GWh. Read more…

Xiaomi SU7 is unlikely to be priced before its official launch, nothing has been finalized yet, an executive said. Read more…

Despite its early-mover advantage, Nio’s growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said. Read more…

China’s retail penetration of passenger NEVs was 39.6 percent in December and 35.7 percent in 2023, according to preliminary CPCA data. Read more…