Sunwoda Reaches Settlement With Geely-Backed VREMT, Sees Over $72M Profit Hit in 2025
Sunwoda expects the settlement to impact its net profit attributable to shareholders in 2025 by RMB 500–800 million ($72–115 million).
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Sunwoda expects the settlement to impact its net profit attributable to shareholders in 2025 by RMB 500–800 million ($72–115 million).
The pace of vehicle OTA updates accelerated significantly in 2025, with the cumulative number of updated functions rising 36.7% YoY.
China’s NEV market in 2025 saw intense competition, particularly among joint venture automakers like Toyota and Nissan.
Firefly celebrates its first anniversary, achieving significant sales growth and improved public perception, despite initial skepticism and challenges.
The smart #2 is built on the new ECA architecture, developed with Mercedes-Benz’s design team.
ChinaEV Home and two veteran automotive journalists reached consensus on one point: today’s “mini BEVs” have made significant foundational improvements over the first generation of mini EVs.
December saw diverse new electric vehicle filings in China, with notable models from Nissan, Audi, and BYD.
Smart #6 is expected to debut as a BEV model, with a PHEV variant to follow, supporting further volume expansion.
The launch of the new model marks smart’s official transition from a pure electric brand to a new phase of parallel development, adopting a dual-technology strategy of “pure electric + hybrid”.
NIO Inc. delivered 6,666 vehicles last week, including 2,577 under the NIO brand, 2,777 from its ONVO brand, and 1,312 Firefly units.