Latest in EV news, technologies, data and insights from China market
NIO launched the redesigned ES8 on the NT3 platform, enhancing its size and technology offerings while positioning it against competitors in the full-size electric SUV market.
ONVO CEO Shen Fei announced the L90 SUV’s pre-sale beginning in July, highlighting its spacious interior and promising specifications amid concerns about its commercial viability following the L60’s performance.
XPeng’s G7 will launch next week, showcasing advanced AI technology, premium hardware, and enhanced driving systems, positioning it as a strong competitor in the electric SUV market.
Tesla launched its Robotaxi service in Austin, allowing app-based ride requests. While user feedback is limited, initial performance reveals both stability and flaws, indicating challenges ahead.
Geely invested $200 million into Polestar, indicating ongoing support despite its struggles in the Chinese market. Polestar is focusing on Europe, seeking to enhance brand recognition and boost sales.
On June 20, Tesla and partners launched a 4 billion yuan energy storage project in China, utilizing Tesla’s Megapack technology for grid stability and renewable energy integration.
BYD UK plans to launch six new models by 2026, starting with the Atto 2 in September, expanding its lineup and retail network significantly in the UK market.
Volkswagen China announces Robert Cisek as CEO starting July 1, 2025, tasked with managing product strategy and overseeing electric vehicle launches amid increased market competition.
On June 19, Hozon New Energy Automobile Co., Ltd., Neta Auto’s parent company, faced bankruptcy filing amid internal disputes and employee protests over unpaid wages and restructuring plans.
This year, NIO, XPeng, and Li Auto introduced powerful computing chips, launching competition in intelligent automotive technology. Their differing strategies highlight the evolving significance of computing power in vehicles.