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Electric vehicles
Electric Vehicles
BYD Establishes European Headquarters in Budapest
On May 15, 2025, BYD announced the establishment of its European headquarters in Budapest, Hungary, marking a significant step in its global expansion. The new …
Electric Vehicles
Geely Automobile Sees Q1 2025 Revenue Jump 25% YoY
Geely Automobile Holdings Limited announced its first-quarter financial results for 2025 on May 15, reporting a revenue of 72.5 billion yuan, a 25% increase fro…
Electric Vehicles
XPENG Announces Foray Into Italian Market
On May 13, 2025, XPENG announced its entry into Italy, debuting at Milan Design Week 2025 as one of the first Chinese EV startups to participate. The company sh…
Electric Vehicles
CATL, Changan Mazda Sign MoU to Co-develop NEVs Based on Skateboard Chassis
CATL and Changan Mazda signed a memorandum of understanding (MoU) in Shanghai to collaborate on the development of new energy vehicles (NEVs) on May 13. The par…
Electric Vehicles
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. Of…
Electric Vehicles
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 a…
Electric Vehicles
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…
Electric Vehicles
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, SE…
Electric Vehicles
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 E…
Electric Vehicles
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 d…
Electric Vehicles
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…
Electric Vehicles
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. Dev…
Electric Vehicles
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.…
Electric Vehicles
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 2…
Electric Vehicles
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 cu…
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