Li i8 Facelift Spotted in Road Tests Less Than a Year After Launch
A facelifted Li i8 prototype has been spotted, indicating rapid adjustments to its electric SUV amidst declining sales.
Latest in EV news, technologies, data and insights from China market
A facelifted Li i8 prototype has been spotted, indicating rapid adjustments to its electric SUV amidst declining sales.
In May, Italy saw new vehicle registrations rise 7.64%, with Chinese brands increasing their market share significantly, led by BYD.
The global new energy vehicle market shows divergence; China leads while U.S. contracts.
BYD’s May vehicle sales reached 376,990, rising 19.4% from April, with battery-electric vehicles surpassing plug-in hybrids for the first time. Global expansion and advanced technologies drive growth amid supply constraints.
Global EV battery installations rose 13.8% year-on-year, driven by demand in Europe and emerging markets.
MG, owned by SAIC Motor, plans to open its first European manufacturing plant in Spain by 2028, investing €200 million.
Mercedes-Benz China plans significant layoffs to cut workforce due to declining sales and profits.
China’s auto industry stabilized in May, with several brands achieving record deliveries amid competitive pressures.
Zeekr reported May deliveries of 34,377 vehicles, an 81.8% year-on-year increase. The brand focuses on premium models, achieving significant market share and plans for expanded overseas growth amid intensified competition.
Chinese cars surpassed Japanese models for the first time in South Korea’s import market, led by BYD’s remarkable sales growth.