Latest in EV news, technologies, data and insights from China market
NIO has stockpiled over 6,000 ES9 units ahead of launch, backed by more than 50,000 pre-orders, signaling strong demand. Positioned as a premium executive SUV, ES9 targets new customers beyond NIO’s existing base, entering a competitive 500K+ RMB ($72,500) segment led by Zeekr, AITO, and Li Auto.
BYD delivered its 10,000th new energy vehicle in Cambodia, marking significant growth since entering the market in 2020.
NIO expects the L80 to become one of its key SUV growth drivers in Q2 as the company targets quarterly deliveries of 110,000–115,000 vehicles.
China launches its first standardized battery-swap ecosystem for light-duty trucks, enhancing urban logistics.
Tesla has renamed FSD to TAD, marking its latest name adjustment to align with domestic regulatory compliance.
XPeng GX surpassed 24,800 orders within 12 hours of launch. Priced at
XPeng GX surpassed 24,800 orders within 12 hours of launch. Store traffic jumped 300%. The AWD flagship variant captured 60% of orders. Core buyers: males aged 30-45, with a trade-in rate of 90%.
Changan Auto and Huawei face penalties for insider trading involving significant illegal profits and stock manipulation.