Latest in EV news, technologies, data and insights from China market
Hesai raised its full-year net profit guidance to RMB 350 million–450 million ($49 million–$63 million) after hitting its GAAP profit goal ahead of schedule.
Xpeng shares rallied sharply on Nov. 11, driven by the company’s recent集中 rollout of new products and technology strategies.
In Jan–Oct, NEV production and sales totaled 13.015 million units and 12.943 million units, with penetration rising to 46.7%.
If this Chinese partnership materializes, Hyundai will build a global autonomous driving tech network centered on the U.S. and Chinese markets.
In October, BYD delivered over 930 vehicles, setting a fresh monthly high since its market debut in Hong Kong.
NIO’s Firefly is set for an annual refresh, with motor power increased to 120 kW and minor exterior updates — changes that may signal the arrival of a larger battery version.
With the year end approaching, carmakers are gearing up for a collective year-end push.
Rolls-Royce’s electric Spectre struggles in sales, prompting ultra-luxury brands to reassess their electrification strategies amid Chinese competition.