ONVO Hits 200K Deliveries Two Years After Launch
ONVO achieved 200,000 vehicle deliveries in two years, enhancing its market presence with notable models like the L60 and L90.
Latest in EV news, technologies, data and insights from China market
ONVO achieved 200,000 vehicle deliveries in two years, enhancing its market presence with notable models like the L60 and L90.
Chinese automakers are consolidating to focus resources, reducing product lines amidst competition and falling profits, prioritizing strategic partnerships and resource sharing.
Avatr Technology reshuffles leadership, appointing Chen Zhuo as chairman and Yong Jun as president, aiming for strategic improvements amid profitability challenges.
BYD’s Xixian New Area battery project, costing $1.043 billion, will produce 16 GWh annually, supporting NEV production and expansion efforts.
BYD’s Dynasty lineup achieved 10 million vehicle sales, largely driven by mainstream models, while premium sales have declined recently.
The World Car Awards 2027 nominees include 56 vehicles, with 27 from Chinese brands, competing in various categories. Winners announced March 24, 2027.
NIO and Geely formed a strategic partnership for battery charging and swapping, aiming to build 10,000 stations by 2030.
China’s auto industry showed mixed performance in August, with sales revenue growing but overall profits declining by 16% for the year.
China’s new five-year plan aims for all-solid-state batteries’ large-scale application by 2030, promoting advancements across various sectors.
Changan Automobile restructures Avatr and Deepal, aiming for resource integration and efficiency to boost combined vehicle sales by 2030.