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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

Chery Introduces Fulwin A8L, Rivals BYD Qin L DM

Chery's new Fulwin A8L hybrid sedan sets a new Guinness World Record for long-distance travel. With advanced hybrid technology and strong performance, it fiercely competes with top models like the BYD Qin L DM.

guancha · 2024-12-20

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

92% EV Drivers Committed to Zero-Emission Future, GEVA Survey Finds

A GEVA survey reveals 92% of electric vehicle (EV) drivers plan to continue using zero-emission vehicles, highlighting cost savings and environmental benefits as main motivations.

globalevalliance · 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 Seres Eyeing Hong Kong Listing, Potential $1 Billion Raise

Seres mulls a Hong Kong listing to raise over $1 billion. NIO Chairman William Li predicts sales doubling next year. Haitong Taicang RORO Terminal begins operations, exporting over 3,300 vehicles.

cls · 2024-12-13

News Flash丨Xiaomi Auto to Commences Global Expansion

Xiaomi Automobile ramps up its overseas expansion efforts, establishing a new team to test and prepare for international vehicle sales. The SU7 model will be sold via Xiaomi Home stores.

myzaker · 2024-12-13

China Auto Daily丨Volvo Celebrates 500,000th Vehicle Milestone at Daqing Plant

China's vehicle sales rose 11.7% year-on-year in November, while new energy vehicle sales grew by 47.4%, according to the China Association of Automobile Manufacturers (CAAM). Pony.ai and GAC Aion are set to launch a mass production Robotaxi platform in 2025. Volvo's Daqing plant rolls out its 500,000th vehicle, and Tesla Cybertruck completes energy consumption declaration in China.

cls · 2024-12-12

China Auto Daily丨Chinese Auto Parts Exports Increase by 8.12% YoY

China’s auto exports reached 762.97 billion yuan, a year-on-year increase of 16.9% in the first 11 months. Changan introduces the new C798 model, and CATL partners with Stellantis for a 4.1 billion euro battery factory.

China Automotive News · 2024-12-11

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