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New Energy Vehicles
Electric Vehicles
Xiaomi Wants to Become A Top 5 Automaker Globally
Electric Vehicles
13-05-2025
Tesla (TSLA) Slows Down in China Despite New Model Y Production
Tesla experienced a decline in sales and exports in China during April 2025, despite increased production of the updated Model Y at its Shanghai Gigafactory. Official data from China’s Passenger Car Association (CPCA) indicates that Tesla sold 2
Electric Vehicles
13-05-2025
Ferrari Sees Its First Electric Car Powering a Comeback in China
Ferrari NV is set to introduce its first fully electric supercar, the Elettrica EV, in October, aiming to revitalize sales in China by leveraging lower tariff and tax rates. The EV is expected to face a combined tax rate of 30% of its suggested retail pri
Electric Vehicles
13-05-2025
Nissan Pulls the Plug on Its +$1 Billion EV Battery Plant as the Alarm Bells Go Off
Nissan announced on Friday that it has canceled plans to construct a new lithium iron phosphate (LFP) battery plant in Japan, a decision aimed at addressing the company’s financial challenges. The facility, previously approved by Japan&rsquo
Electric Vehicles
13-05-2025
BYD Enters Romania With Four NEV Models, Plans Over 30 Outlets by 2025
On May 8, BYD, a leading Chinese automaker, officially launched its operations in Romania, introducing four new energy vehicle (NEV) models: SEALION 7, SEAL, SEAL U DM-i, and ATTO 2. This marks a significant step in the company’s global expansio
Electric Vehicle Battery
12-05-2025
EV Battery Giant CATL Begins Hong Kong IPO
On Monday, Contemporary Amperex Technology (CATL), a leading Chinese electric vehicle (EV) battery manufacturer, initiated its public offering in Hong Kong. According to the prospectus published on the Hong Kong Exchanges and Clearing Limited website, the
Electric Vehicles
12-05-2025
Geely Galaxy Xingyao 8 Model Hits Market
Geely launched its Galaxy Xingyao 8 sedan on May 9 at AUTO SHANGHAI 2025, introducing seven trims powered by either the NordThor EM-P Super Hybrid or NordThor EM-i Super Hybrid systems. Two variants with basic assisted driving features were unveiled durin
Electric Vehicles
09-05-2025
China’s New-Energy Passenger Car Sales Surge in April
China’s new-energy passenger vehicle market maintained strong growth in April 2025, with retail sales reaching approximately 922,000 units, according to data released by the China Passenger Car Association (CPCA) on Thursday. This figure reflect
Electric Vehicle Charging
09-05-2025
Gravity to Open 8 Locations With 500 KW, 5-Minute EV Charging Across Los Angeles This Year
Gravity Inc., a New York-based startup specializing in sustainable electric vehicle (EV) infrastructure, is expanding its fast-charging technology to Los Angeles, California. The company announced plans to install eight EV charging stations across the Los
Electric Vehicles
09-05-2025
Toyota Is ‘Reviewing’ Its Plans to Sell 1.5 Million EVs Next Year — Again
Toyota, the Japanese automaker, is reassessing its target of selling 1.5 million electric vehicles (EVs) annually by 2026 due to anticipated challenges from new U.S. tariffs and shifting market dynamics. The company, which reported sales of over 10.2 mill
Electric Vehicles
08-05-2025
Hyundai Unveils the New Elexio Electric SUV for China With 435 Miles Range
Hyundai introduced its ELEXIO electric SUV at a media-exclusive event in Shanghai, emphasizing its strategic focus on China’s electric vehicle market. Developed by Beijing Hyundai, a joint venture with BAIC Motor, the ELEXIO features a sleek des
Electric Vehicles
08-05-2025
Chery Group Sees Monthly Vehicle Sales Rise 10.3% YoY in April 2025
In April 2025, Chery Group, a leading Chinese automaker, reported sales of 200,760 vehicles, a 10.3% increase from the previous year. Chery Automobile Co., Ltd., the group’s primary subsidiary, sold 184,850 units, up 5.2% year-on-year. New energ
Electric Vehicles
08-05-2025
Great Wall Motor Posts 5.55% YoY Rise in April 2025 Auto Sales, With NEV Sales Jumping 28.42% YoY
In April 2025, Great Wall Motor (GWM) reported sales of 100,061 new vehicles, reflecting a 5.55% increase compared to the previous year. Vehicles priced above 200,000 yuan totaled 26,360 units, up 2.87% year-on-year, while new energy vehicle (NEV) sales s
Electric Vehicles
08-05-2025
Geely Automobile to Acquire Full Ownership of Zeekr in Push to Consolidate NEV Business
On May 7, Geely Automobile Holdings Limited announced its plan to acquire all outstanding shares of Zeekr Intelligent Technology Holding Limited, in which it currently holds a 65.7% stake. Upon completion, Zeekr will become a wholly owned subsidiary of Ge
Electric Vehicle Charging
08-05-2025
US States Sue Over Trump Freeze on Funds for Electric-Vehicle Charging Stations
On Wednesday, California, along with 15 other states and the District of Columbia, filed a lawsuit against the federal government in U.S. District Court in Washington State. The states, including New York, New Jersey, and Colorado, claim the government is
Electric Vehicles
07-05-2025
BYD Takes the Spotlight in the Heart of Europe After Sales Surge by +750% in April
China’s leading electric vehicle manufacturer, BYD, has significantly outpaced Tesla in sales in Germany and the UK during April 2025, marking a strong step in its European expansion. The company’s focus on new energy vehicles (NEVs),
Electric Vehicle Charging
07-05-2025
XPENG, Dongchu Group Ink Strategic Deal to Build Ultra-Fast Charging Network in Huangshi City
On April 28, XPENG, a leading new energy vehicle (NEV) manufacturer, entered into a strategic partnership with Huangshi Dongchu Investment Group Co., Ltd. ("Dongchu Group") in Huangshi, Hubei province. The collaboration combines XPENG's
Electric Vehicles
07-05-2025
Pony.ai, Uber Announce Global Partnership to Deploy Robotaxis Starting in the Middle East
On May 6, 2025, Pony.ai, an autonomous driving technology company, and Uber announced a strategic partnership to integrate Pony.ai’s Robotaxi services and fleet into the Uber platform. The collaboration, set to launch in the second half of 2025,
Electric Vehicles
06-05-2025
XPENG Scores 313% YoY Soar in YTD Vehicle Deliveries by April 2025
In April 2025, XPeng Inc. delivered 35,045 new vehicles, reflecting a 273% increase compared to the same month in 2024. This achievement marks the sixth consecutive month with deliveries surpassing 30,000 units. From January to April 2025, XPeng&rsquo
Electric Vehicles
06-05-2025
BYD Boasts 46.98% YoY Leap in Jan.-Apr. 2025 Vehicle Sales
BYD Company Limited announced on May 1 that it sold 380,089 new vehicles in April 2025, reflecting a 21.34% increase from the previous year and a 0.71% rise from March 2025. The strong performance underscores BYD’s continued growth in the automo
Electric Vehicles
06-05-2025
Geely Automobile’s Vehicle Sales Soar 53% YoY in April 2025, With NEV Sales Surging 144% YoY
Geely Automobile Holdings Limited reported on May 1 that it sold 234,112 vehicles in April 2025, reflecting a 53% increase from the previous year and a 0.83% rise from March 2025. This achievement marks the eighth consecutive month of sales exceeding 200,
EV Technology
30-04-2025
KOTEI, Semidrive Team Up on New R&D Model for Chip & Software-Enabled Smart Cabin
KOTEI, a publicly listed AI technology company specializing in automotive software, and SemiDrive, a leader in high-performance automotive-grade chips, formalized a strategic cooperation agreement to advance next-generation intelligent cockpit and vehicle
Electric Vehicles
30-04-2025
Here’s How Volvo Plans to Overcome Trump’s Tariffs With New EVs Arriving
Volvo Cars has announced a SEK 18 billion (approximately $2 billion) restructuring plan to foster growth and address challenges posed by tariffs. The initiative follows a nearly 60% drop in first-quarter operating income to SEK 1.9 billion, prompting the
Electric Vehicles
29-04-2025
BYD Breaks Ground on Passenger Vehicle Plant in Cambodia
On April 28, 2025, BYD, a leading global manufacturer, launched construction of a new passenger vehicle plant in the Sihanoukville Special Economic Zone, Cambodia. The facility, spanning 120,000 square meters, is designed to produce 10,000 new energy vehi
Electric Vehicles
29-04-2025
Tesla Gives Update on Tesla Semi Factory, Says on Track for Volume Production in 2026
Tesla has provided an update on its Tesla Semi factory located adjacent to Gigafactory Nevada, confirming that the facility is on track for volume production of its electric semi truck in 2026. The factory, designed to support the production of the Tesla
Electric Vehicles
29-04-2025
Leapmotor Rolls off 10,000th Mass-Produced Unit of B10 Model
On April 28, 2025, Chinese new energy vehicle manufacturer Leapmotor celebrated a milestone as the 10,000th unit of its B10 model, the first in its B Series, rolled off the production line. Launched on April 10, the B10 is available in five variants, with
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