NewsXiaomi Auto begins double-shift production in June, targets 120,000 EV deliveriesXiaomi unveils ambitious automotive plans in its Q1 2024 financial report. 2 mins read
Cost-effectiveness, return on investment, and the desire to experience new things are key factors driving this shift. InsightsSecondhand NEVs gain favor among China’s younger generation8 mins read
Who knew the underperformance of a single model could spark such a profound change in the automaker’s strategy? InsightsLi Auto’s latest strategic shift leaves little margin for error6 mins read
The automakers are planning local productions to crack a market dominated by Japanese players. NewsChina’s BYD, Neta eye growth in Indonesia with new EV investments3 mins read
The Onvo sub-brand expands Nio’s electric vehicle lineup beyond its focus on premium consumers. NewsNio launches the Onvo L60 SUV, throwing down gauntlet to Tesla’s Model Y2 mins read
Factory utilization for new energy vehicles has dropped to 50%, far below the breakeven point. NewsChina’s EV overcapacity spurs global fears of more price cuts3 mins read
Chery’s chairman has promised a surge of electric vehicle models over the next 20 months, hinting at an ambitious expansion. NewsChery unveils the Sterra ET, highlighting bold EV ambitions3 mins read
Despite the recent success of the iCar 03, Chery still has more ground to cover if it intends to catch up with its NEV competitors. InsightsChery must shed its “old shell” to lead the NEV race4 mins read
The smartphone maker hopes to turn the ‘Apple Car’ idea into reality. NewsChina’s Xiaomi jumps into EV market battle with gusto6 mins read
NewsDeals in brief: RadNet acquires See-Mode, Syfe raises additional Series C funding, latest China deals, and more