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Electric Vehicles
New Energy Vehicles
Changan Automobile Begins Production at Rayong Plant in Thailand
On May 16, 2025, Changan Automobile officially launched its Rayong plant in Thailand and celebrated a global production milestone of 28.59 million vehicles. The
New Energy Vehicles
Chinese Car Manufacturer Introduces EV Brand to Ethiopian Market
Chinese automaker Guangzhou Automobile Group Co Ltd (GAC Group) has officially entered the Ethiopian market by introducing two electric vehicle (EV) models, the
New Energy Vehicles
Honda China, CATL Deepen Partnership on NEV Tech R&D, Supply Chain Management
Honda Motor (China) Technology Co., Ltd. (HMCT) and CATL signed a memorandum of understanding on May 16, 2025, to strengthen their strategic partnership, as ann
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
New Energy 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
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