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 NIO's Firefly Brand Debuts, Launch Slated for April 2025

China's vehicle trade-ins surpass 3.1 million, Changan announces major investments in flying cars, NIO introduces its third brand Firefly, and Lynk & Co launches its first pure electric SUV, the Z20.

cls · 2024-12-23

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

BYD Embraces AI and Robotics with New Research Center

BYD has established an Advanced Technology R&D Center focusing on AI-driven intelligent driving, smart cockpits, and dual-mode technologies, paving the way for the future of autonomous vehicles.

myzaker · 2024-12-17

China Auto Daily丨 CITIC Securities Forecasts Bullish 2025 for China Automotive Industry

A GEVA study finds less than 1% of electric vehicle owners would revert to fuel cars, while CITIC Securities predicts automotive industry growth in 2025, and XPeng reconsiders its chip strategy due to delays.

cls · 2024-12-17

China Auto Daily丨 FAW-Volkswagen Hits 20 Million Vehicle Milestone

FAW-Volkswagen unveils its 20 millionth vehicle, Pony.ai IPO garners $4.52 billion, and Xinjiang's Khorgos port sees a rise in new energy vehicle exports. Huawei and JAC’s Maextro S800 received over 2,000 pre-orders. Sichuan Tianfu to promote low altitude economic.

China Automotive News · 2024-11-29

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