China Auto Daily丨BYD Partners with Grab to Offer EV Rental Discounts for Drivers

The Ministry of Commerce reports over 6.8 million vehicles traded-in in 2024, driving sales beyond 1.3 trillion yuan. BYD partners with Grab for competitive EV rentals in Southeast Asia. Changan Automobile plans major overseas expansions in 2025. Meanwhile, Li Auto's smart driving miles hit 2.93 billion by the end of 2024, anticipating further advancements with the AD Max V13.0 rollout.

cls · 2025-01-16

China Auto Daily | China Announces New Car Trade-In Subsidies to Boost Auto Consumption in 2025

New Policy: Up to 15,000 Yuan Subsidy for NEV Trade-Ins in China; Leapmotor Unveils Long-Range C16 SUV, Targets 500,000 Deliveries in 2025; BYD's Third Ro-Ro Ship "Hefei" Sets Sail with 5,000 EVs for European Market

China Automative News · 2025-01-09

China Auto Daily丨China Used Car Transactions Expected to Exceed 1.85 Million Units This December

December used car transactions in China expected to exceed 1.85 million units. Global new energy vehicle sales projections for 2025 and 2026 by Cinda Securities. GAC launches its third-generation humanoid robot GoMate.

cls · 2024-12-27

China Auto Daily丨 Tesla's Energy Storage Factory is About to be Completed By the End of 2025

IM Motor completes a 9.4 billion yuan Series B1 financing round for R&D. Tesla’s Shanghai energy storage factory is near completion in a record 7 months. Ruqi Mobility launches unmanned Robotaxi services in Guangzhou Nansha.

China Automotive News · 2024-12-26

China Auto Daily丨China's Vehicle Exports Reached 5.84 Million Units from January to November

China's vehicle exports hit 550,000 units in November with a 5% year-on-year increase. Leapmotor sold nearly 300,000 units in 2024, surpassing its annual target.

cls · 2024-12-25

China Auto Daily丨 Seres Eyes Hong Kong IPO, CATL Plans $5 Billion Listing

CPCA expects December's car retail sales to hit 2.7 million units, a 14.8% year-on-year increase. Seres plans to raise $1 billion through a Hong Kong IPO, while CATL considers a $5 billion listing.

China Automotive News · 2024-12-20

China Auto Daily丨 Avatr Secures Over 11 Billion Yuan in Series C Financing

Chinese auto market news about Avatr’s latest Series C financing, XPENG humanoid robots news, Geely participating in new energy tech and charging infrastructure, Huawei Car BU news, and Chery’s new model Fulwin A8L.

cls · 2024-12-18

NIO’s Third Brand Spy Shots Show Details, Set to Launch Next Month

NIO's new Firefly model will debut on December 21st, targeting the compact EV market with a price range of 100,000 to 200,000 yuan, and will expand to Europe.

dongchedi · 2024-11-29

China Auto Daily丨 Shanghai Automobiles Exceed 1 Million Exports in 10 Months

Shanghai's Waigaoqiao Port exported 1.077 million cars in the first 10 months of 2024. Freetech filed for IPO while Huawei's HarmonyOS-driven vehicles reached 500,000 deliveries.

cls · 2024-11-27

China Auto Daily丨 Optimistic Investment in Chinese Auto Brands, Says UBS

In October 2024, Chinese passenger car sales reached 1.931 million units, a 12.9% month-on-month increase. UBS remains optimistic about Chinese auto brands, while BYD plans to launch a new Blade battery in 2025.

China Automotive News · 2024-11-26