Latest in EV news, technologies, data and insights from China market
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.
WeRide has launched fully unmanned Robotaxi services in Abu Dhabi, aiming for full automation by 2025, supported by favorable policies and local demand for autonomous transportation.
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.
Geely reported a strong Q1 2025 with 703,800 vehicle sales, highlighting significant growth; plans to privatize Zeekr amid integration strategies raise questions about future direction and efficiencies.
Hozon New Energy, parent of Neta Auto, faces bankruptcy amid legal issues, significant losses exceeding 18 billion yuan, plummeting vehicle sales, and failed IPOs, impacting operations severely.