The Zeekr 001, Zeekr’s first model, was launched on April 17, 2021 and has been the company’s main seller. Read more…

China’s NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday. Read more…

Lotus Technology’s business combination with a SPAC is expected to close on February 22 and will trade under the ticker symbol “LOT”. Read more…

Buick has become the latest to join the price war, with significant price cuts for all four trims of the Electra E4. Read more…

From February 8-17, Li Auto owners drove 74.73 million kilometers with the AD assisted driving system turned on, including 49.54 million km of NOA mileage. Read more…

Although the car is tightly wrapped in camouflage, it can be seen looking similar to the Zeekr X or Volkswagen’s ID.3. Read more…

Nio’s battery swap stations provided a total of 871,477 services from February 8-18, with a peak of 90,199 services in a single day. Read more…

Deepal has lowered the starting price of the SL03 BEV by RMB 7,000 and is offering customers an additional RMB 10,000 cash discount. Read more…

BYD yesterday launched lower-priced updated versions of its two budget sedans, triggering several local peers to follow suit with price cuts. Read more…

Insurance registrations for major EV makers in China have dropped significantly over the past two weeks as people celebrate the traditional Chinese New Year holiday. Read more…

Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent. Read more…

BYD owners drove a cumulative total of about 3.76 billion kilometers from February 10-17, and Tesla owners in China drove more than 700 million kilometers, according to their numbers. Read more…

Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models. Read more…

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until a new landscape is formed, said Cui Dongshu of the CPCA. Read more…

Neta cut the prices of almost its entire model range, with the compact SUV Neta X seeing the highest reduction. Read more…

Wang has restructured Xpeng’s overseas business team, adding the Middle East as a key market and will invest more resources, according to local media. Read more…

BYD is looking to accelerate the replacement of traditional fuel vehicles with NEVs at lower prices, and more automakers following suit is expected to speed up the process. Read more…

Lotus Technology plans to merge with L Catterton Asia Acquisition Corp in order to list on the Nasdaq, issuing up to 181,315,064 ordinary shares. Read more…

Li Auto will launch its first BEV model, the Li Mega, as well as the 2024 L-series EREVs at the event. Read more…

To date, BYD has more than 90,000 R&D engineers and has filed more than 48,000 patents worldwide, according to an announcement. Read more…