Latest in EV news, technologies, data and insights from China market
Hozon New Energy, parent of Neta Auto, faces bankruptcy amid legal issues, significant losses exceeding 18 billion yuan, plummeting vehicle sales, and failed IPOs, impacting operations severely.
Geely Auto’s Q1 2025 financial results show significant growth, with vehicle sales up 48% and revenue increasing 25%. New energy vehicles lead growth, bolstering profits and international expansion.
Zeekr Group’s Q1 2025 report shows revenue at 22.019 billion yuan, with vehicle sales driving growth. The company sold 114,011 vehicles, maintaining first in China’s new forces.
XPeng Motors’ CEO He Xiaopeng announced the new electric coupe XPeng P7, designed by Rafik Ferrag, featuring innovative aesthetics and advanced technology, targeting performance-oriented markets.
The 2026 Leapmotor C10 debuted with premium features and dual powertrains, priced between 122,800-142,800 yuan, marking a significant advancement in the EV market.
NIO’s decision to reintroduce the optional onboard AC charging module in new models has sparked debate among owners regarding the removal rationale and user needs, offering flexibility and choices.