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 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 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
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
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
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
Geely's NEV Sales Surge by 60.6% in November
Geely's sales volume for November reached a record 355,000 units, with NEV sales up 60.6% year-on-year. The group's cumulative January-November sales exceeded 3 million units.
d1ev · 2024-12-09