Sunwoda’s first factory in Thailand, located in Chonburi Province, will produce lithium-ion battery cells for EV makers.
Several Chinese battery makers have already localized their production in Thailand, but all of them have built packs based on battery cells.
Aito began accepting pre-orders for the M9 on March 6, with a pre-sales starting price of RMB 478,000 yuan.
Aito will launch its new SUV, the M8, in April, and the model has a pre-sales price of RMB 368,000 yuan.
The U7 is a flagship sedan priced at the 1 million yuan ($138,000) level and will feature groundbreaking technologies, Yangwang said.
Its launch event will be held in Shenzhen on March 27 at 7:30 pm Beijing time.
The B10 is the first model in Leapmotor’s B-series, with a pre-sales starting price of RMB 109,800 ($15,170).
The less expensive LiDAR-equipped variant — with a pre-sales starting price of RMB 129,800 — is the most popular.
BYD has signed an agreement with Poland’s Greenvolt Power to develop a battery energy storage system project in the European country.
Construction of the project has begun and is expected to be completed in the first quarter of 2026.
BYD will officially launch the Qin L EV on March 23, instead of March 12 as reported by some local media earlier this month.
BYD began previewing the Qin L EV last month, calling it a mid-size pure electric sedan aimed at a younger demographic.
The significant increase from February 1-9 was largely due to a low base caused by the Chinese New Year holiday early last month.
NEV penetration at retail was 56.04 percent in the March 1-9 period and 46.05 percent year-to-date.
The Luxeed R7 is the second model jointly built by Huawei and Chery, launched on September 24, 2024.
The model is offered in BEV and EREV variants and is a Tesla Model Y competitor.
By the end of 2025, the Geely EX5 will be in more than 20 markets.
Geely will enter more markets including the UK, Brazil and South Africa this year.
By the end of 2025, the Geely EX5 will be in more than 20 markets.
Geely will enter more markets including the UK, Brazil and South Africa this year.
This is the first time a foreign automaker has sought to apply this Chinese-made technology to models sold outside China, according to Reuters.
Hesai said it entered into a multi-year, long-term partnership spanning 2030, without mentioning the carmaker by name.
Changan aims to validate solid-state batteries in vehicles by 2026, and then move forward with mass production of all-solid-state batteries by 2027.
BYD and CATL are also planning to produce all-solid-state batteries in small batches by 2027.
The layoffs should be around 10 percent, with some variation by region, according to a local media report.
Onvo president Alan Ai has made few appearances since January’s sales missed expectations, and a number of recent internal meetings have been chaired by Onvo vice president Xia Qinghua.
Xiaomi EV entered CPCA’s monthly leaderboard for the first time, coming in at No. 9 in the NEV market with 23,728 sales and a 3.4 percent share.
Xpeng came in at 6th place with a 4.0 percent share of the Chinese NEV market in February, and Li Auto at 8th place with 3.7 percent.
BYD’s share grew in February as its NEV sales rebounded, while CATL saw a small decline.
In the LFP battery market, CATL, BYD, and Gotion had the highest installed base in February with shares of 38.41 percent, 28.82 percent, and 6.34 percent, respectively.
Nio Inc delivered a record 72,689 vehicles in the fourth quarter, within its guidance range of 72,000 to 75,000 vehicles.
Nio had previously guided fourth-quarter revenue to be in the range of RMB 19.68 billion ($2.7 billion) to RMB 20.38 billion.
Li Auto said the Li i8 has completed two winters and two summers of durability and performance validation in 300 Chinese cities.
Starting March 10, Li i8 test cars wrapped in light camouflage will begin nationwide testing.
China sold 544,000 BEVs in February, up 85.1 percent year-on-year but 5.2 percent lower than in January.
PHEV sales in February were 348,000 units, up 90.3 percent year-on-year but 5.95 percent lower than in January.
Xpeng was 8,500 units, Li Auto 2,600, Zeekr 3,100, Leapmotor 5,900, Aito 2,600. Read more…
The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
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