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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

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 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

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 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BYD Launches Five Electric Models in Peru

BYD launched five flagship electric vehicle models in Peru, partnering with Motorsya to promote electrification. The company plans to open 6-7 stores by 2025.

10jqka · 2024-12-13

China Auto Daily丨Used Car Transactions in China Rise by 6.37% in October

In October, China's used car market saw a 6.37% year-on-year rise. Xiaomi plans to launch the YU7 SUV next year, and NIO's ET9 received China's first steer-by-wire production permit.

China Automotive News · 2024-12-10

China Auto Daily丨NIO Energy Wuhan Manufacturing Center to Build 1,500 Battery Swap Stations in 2025

Shenyang aims to become the leading city for methanol vehicles with new policies, while significant developments are also seen in Jinbei and Farizon's collaborations, Tesla Wuxi's deliveries, and NIO Energy Wuhan's battery swap stations.

China Automotive News · 2024-12-06

News Flash丨NIO and Mastercard Sign Strategic Cooperation Agreement

NIO and Mastercard sign strategic agreement to collaborate on payment innovation, user services, and global market expansion, boosting NIO stock by 3%.

d1ev · 2024-12-06

Chinese NEV Startups See Record-Breaking November Deliveries

Chinese NEV startups experienced a record-breaking month in November, with total deliveries surpassing 40,000 units. Li Auto led the charge, while Aion, Leapmotor, and others also saw significant increases.

China Automotive News · 2024-12-04

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