China Lowers Luxury Car Tax Threshold to $125,000, NEVs Included
China has revised ultra-luxury vehicle tax thresholds, lowering the limit to $125,000 and expanding it to include NEVs. This aims to balance consumption and tax revenue.
Aito
Read More
AITO M8 BEV Officially Announced for August Launch, New “Midnight Purple” Color Unveiled
The AITO M8 BEV, with a 705 km range, topped June sales in its price segment, showcasing a striking new design and advanced features, debuting in August.
China’s NEV Sales Top 1.1 Million in June 2025, Market Penetration Nears 52%
China’s NEV market grew 33% year-on-year in June, with BYD leading the pack; AITO M8 and Tesla Model Y stood out in SUV sales.
AITO M8 Hits 20,000 Deliveries in June, BEV Launch Scheduled for August
AITO M8 retained its lead in the RMB 400,000 ($55,800) segment with strong June sales; its BEV variant is set to launch in August.
AITO Reaches 700,000 Deliveries in 40 Months, Setting a New Record for Chinese Premium EV Brands
AITO has achieved a record 700,000 cumulative deliveries in 40 months, leading premium EV sales in China, driven by strong demand for M8 and M9 models, with global expansion plans underway.
All-New AITO M7 Imagined: Possibly Sharing Platform with the M8
A brand-new platform and a refreshed design—can the new AITO M7 reclaim its former sales crown?
Spy Shots Suggest New AITO M7 Takes Design Cues From M8
Is another triumph in store for the new release?
Seres Group Submits IPO Application to Hong Kong Stock Exchange
SERES Group Co., Ltd. plans to issue H-shares and raise over US$1 billion through an IPO on the Hong Kong Stock Exchange, following significant profit growth.