Latest in EV news, technologies, data and insights from China market
Xiaomi SU7 Ultra’s expensive carbon fiber front hood drew scrutiny after tests showed minimal aerodynamic benefits, prompting a company apology and remedial measures for dissatisfied customers.
Geely Holding Group has implemented a rotating presidency system, with Dai Qing as the first president, marking a strategic governance innovation and strengthening its market presence.
Geely Automobile plans to acquire ZEEKR Intelligent Technology for privatization, holding 65.7% of shares. ZEEKR recently went public and formed ZEEKR Technology Group. Further details awaited.
Daniel Jin announced the NIO Firefly launch date for April 19, highlighting its safety features, spacious interior, unique front trunk, and user-friendly infotainment system.
On March 27, 2025, Li Auto launched the open-source Halo OS at the Zhongguancun Forum, marking a technological breakthrough in automotive systems and industry collaboration.
CATL is negotiating to acquire a controlling stake in Nio Power, aiming to enhance cooperation and alleviate Nio’s financial pressures in the electric vehicle market.
NIO’s new promotional campaign, featuring zero-interest financing and free battery swaps, has significantly boosted sales, with nearly 5,000 orders during the Qingming Festival holiday.
Rumors suggest CATL may acquire NIO’s power swap station. NIO’s CEO denies the claims but reveals ongoing negotiations.
NIO President Qin Lihong’s Guangzhou visit highlighted strong sales and a new promotional policy. He discussed organizational changes, future models, and confidence in company growth.
Li Auto launched its 2025 L Series models with pricing similar to 2024, featuring significant upgrades in hardware, software, and driving assistance technology.