Chery Clears HKEX Listing Hearing, Poised for Hong Kong IPO
Chery’s brand portfolio now spans five marques—Chery, Jetour, Exeed, iCAR, and Luxeed (the Huawei-backed venture).
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CATL Launches Shenxing Pro Battery in Europe, Hungarian Plant to Begin Production by Early 2026
CATL launched the Shenxing Pro battery featuring NP 3.0 technology, with two versions available for Europe. Production in Hungary starts in 2026, boosting local supply chains.
Geely-Backed Proton Kicks Off Production at Malaysia’s First EV Plant
The first model to roll off the Malaysian plant line will be the e.MAS 7, marking Proton’s first EV, followed by the entry-level e.MAS 5.
China Set to Ban Fully Hidden Door Handles, Automakers Given One-Year Transition
Chinese regulators will ban fully hidden car door handles by July 2027, allowing only semi-hidden and traditional designs due to safety concerns and practicality issues raised from accidents.
Porsche to Equip Cayenne Electric with Wireless Charging, Global Debut Set for Late 2025
Porsche has yet to disclose the charging time or pricing for the system, but confirmed it will be available for order in 2026 through Porsche Centers and the brand’s online store.
China H1 2025 JV NEV Top 10: Two Dark Horses Emerge, BBA Mostly Absent Except BMW
In H1 2025, China’s NEV market thrived, led by Buick GL8 PHEV. Joint ventures faced challenges but adapted locally, enhancing competitiveness amid growing demand.
NIO Confirms McLaren Partnership via CYVN, Secures Hundreds of Millions in Tech Revenue
William Li confirmed that the company began collaborating with British supercar brand McLaren in the first quarter on electrification and battery technology, yielding revenues of several hundred million.
BYD Cuts 2025 Sales Target to 4.6 Million Units, Growth Hits Five-Year Low
Sources indicate that facing pressure from domestic competitors such as Geely and Leapmotor, BYD has lowered its full-year 2025 sales target from 5.5 million units to 4.6 million units.
Tesla’s Model Y L Secures 120,000 Orders, Averaging Nearly 10,000 Per Day
The Tesla Model Y L was launched on August 19 with a starting price of RMB 339,000 ($47,200) and began its first nationwide deliveries on September 3.
IM Motors Delays Employee Deliveries of New LS6 as Preorders Top 50,000
The new IM LS6 opened for preorders on August 15, with prices ranging from RMB 209,900 ($29,400) to RMB 279,900 ($39,200). The model is scheduled to officially launch on September 10.