News
Tesla extends 7-year car loans in China again as over 10 EV makers join price war alternative
3+ hour, 38+ min ago (279+ words) Tesla (NASDAQ: TSLA) has again extended its ultra-long-term car loan program in China, as it faces mounting sales pressure in the world's largest electric vehicle (EV) market. Tesla China announced Thursday that it has further extended the validity period of…...
BYD join China's auto market 'financial war' with 7-year low-interest financing plan
17+ hour, 46+ min ago (315+ words) China's largest new energy vehicle (NEV) maker BYD (HKG: 1211, OTCMKTS: BYDDY) has officially joined the ultra-long-term auto loan promotion camp initiated by Tesla (NASDAQ: TSLA). BYD Ocean lineup sales head announced on Wednesday that from now until March 31, multiple BYD…...
BYD begins large-scale deployment of megawatt flash charging facilities
1+ day, 20+ hour ago (432+ words) BYD (HKG: 1211, OTCMKTS: BYDDY) commenced large-scale installation of megawatt flash charging facilities across China on Tuesday, marking the world's largest electric vehicle (EV) maker's transition from planning to implementation in its charging infrastructure offensive. Images circulating on Chinese social media…...
Xpeng secures VW as first customer for VLA 2.0; targets 1 million overseas EV sales by 2030
2+ day, 1+ hour ago (710+ words) Volkswagen will become the first commercial customer for Xpeng's (NYSE: XPEV, HKG: 9868) second-generation Vision-Language-Action (VLA 2.0) smart driving solution, marking the first large-scale export of a Chinese EV maker's core AI technology to a global top-tier traditional automaker. He Xiaopeng, chairman…...
Li Auto joins EU lobbying body, betting on European market expansion
2+ day, 3+ hour ago (346+ words) Home " Li Auto Li Auto (NASDAQ: LI, HKG: 2015) has formally joined the China Chamber of Commerce to the EU (CCCEU), becoming another Chinese automaker seeking to establish institutional influence in Europe. The Brussels-based CCCEU announced on Tuesday that it has…...
Nio sees new single-day battery swap service record during peak travel period in China
1+ week, 3+ day ago (348+ words) Nio Inc (NYSE: NIO, HKG: 9866) saw its battery swap service hit a new record as public travel peaked ahead of a major holiday in China. On February 15, Nio provided 146,649 battery swaps in a single day, setting a new record, the…...
BYD Song ranks as China's top-selling model by wholesale volume in Jan
1+ week, 6+ day ago (264+ words) BYD (HKG: 1211, OTCMKTS: BYDDY) Song was the best-selling model by wholesale volume in China last month, according to a report released Thursday by the China Passenger Car Association (CPCA). The Song SUV (sport utility vehicle) series recorded wholesale sales of…...
Tesla Jan deliveries in China decline 45% while Shanghai plant exports surge 71%
1+ week, 6+ day ago (308+ words) Tesla (NASDAQ: TSLA) saw a significant drop in China deliveries last month as exports from its Shanghai factory surged. The US electric vehicle (EV) maker sold 18,485 vehicles in China at retail in January " its lowest figure since November 2022, according to…...
China NEV retail sales in Feb 1-8 rise 42% year-on-year due to last year's low base
2+ week, 15+ hour ago (395+ words) Home " EV Industry China's new energy vehicle (NEV) retail sales in the first week of February showed robust year-on-year growth, primarily due to the low base caused by the Spring Festival holiday last year. From February 1-8, China's passenger NEV retail…...
China Jan NEV sales stay flat year-on-year as exports remain strong
2+ week, 22+ hour ago (389+ words) Home " EV Industry China's January new energy vehicle (NEV) sales barely held steady with the same period, as exports remained strong despite the domestic sales decline. In January, China's NEV sales totaled 945,000 units, falling below the 1 million mark for the…...