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
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 CATL Launches Two Standardized Chocolate Battery Swap Blocks
From December 1-15, China's new energy vehicle sales hit 536,000 units, showing a 71% year-on-year increase. Concurrently, GAC launched its flying car brand "GOVY," aiming for a 400-kilometer range.
cls · 2024-12-19
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
China Auto Daily丨 The Exeed Sterra ET Extended Range AWD Hit the Market
The Exeed Sterra ET Extended Range AWD enters the market at a starting price of 239,800 yuan; FAW Hongqi joins CATL’s battery swapping alliance; BYD's Xi'an factory exceeds one million annual capacity for the first time; XPENG AEROHT aims to have users "take flight" by 2026.
cls · 2024-12-16
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
Goldman Sachs Predicts Xiaomi YU7 to Lead High-End SUV Market
Goldman Sachs anticipates Xiaomi YU7, set to launch mid-year, becoming China's top high-end new energy SUV. The SUV's specs reveal considerable promise, placing it against rivals like Tesla Model Y.
thepaper · 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