Latest in EV news, technologies, data and insights from China market
Candice Yuan criticized LiDAR’s long-range detection claims, highlighting its limitations, while Rocky Liu noted its cost and lifespan issues. XPeng shifted to vision-based systems for improved efficiency.
Leapmotor’s Q1 earnings call highlighted new product launches, a focus on market expansion, production updates, and a commitment to localization in Europe, aiming for breakeven in Q2 2025.
CATL has launched a standardized battery swap module for heavy-duty trucks, aiming to enhance battery swap infrastructure. Significant cost savings and increased electrification in the truck industry are projected.
The BMW Brilliance Lida Plant launched its first “Neue Klasse” model, marking a significant transition in production. Six models will debut globally, with a focus on innovative technology and localized designs.
Geely Galaxy has launched the M9, its first premium six-seater SUV, featuring advanced technologies and targeting competitiveness among upcoming models in the large SUV market segment.
Xiaomi’s founder, Lei Jun, announced a product launch event for the YU7 SUV and other items on May 22, emphasizing safety improvements following a recent accident.
On May 15, BYD established its European headquarters in Hungary, enhancing market presence with sales, testing, and R&D functions, while creating 2,000 jobs and expanding electric model offerings.
Harry from NIO showcased the World Model’s Navigate-on-Pilot system in a video, highlighting its capabilities on a 39.3-kilometer route, with more details to come at the launch event.
Xiaomi founder Lei Jun announced the launch of the Xuanjie O1 chip for late May, addressing concerns over a recent tragic accident involving their vehicle, emphasizing safety and company accountability.
Geely Auto’s Q1 2025 Earnings Call outlines successful brand mergers, sales strategies, future product launches, and international market ambitions despite current challenges in the automotive industry.