Nio’s sales in 2023 expected to exceed Lexus’ in China, says William Li
Lexus' annual sales of internal combustion engine vehicles in China are in the range of 200,000 units.
Huawei aims to build AITO into global premium EV brand within 3 years
Huawei is expected to have more than 1,000 AITO experience stores and user centers by the end of this year, an executive said.
Jidu aims to be capable of delivering 800,000 robot cars by 2028, says its self-driving tech ahead of Tesla
Jidu will soon announce a limited version of its first production robot car, which will be available for pre-order and is expected to be…
Li Auto reportedly cuts this year’s sales target by 15%
Li Auto originally planned to sell 200,000 vehicles this year, but now believes that target will not be met given the current challenging…
Xpeng reportedly expects to deliver 13,000 vehicles in Jan, aims for 250,000 units this year
Xpeng expects to deliver about 9,000 units in February, and deliveries in March are expected to pick up to about 16,000 units on par with last…
Gotion says it aims to be among top 3 global battery makers
Gotion will work with Volkswagen China to build the next generation of world-leading batteries, the company said.
Svolt Energy nearly doubles its battery capacity target to 600 GWh by 2025
That's nearly double Svolt's previous goal of 320 GWh, and more than the 520 GWh that CATL, currently China's largest power cell supplier,…
Geely aims to sell average of 10k vehicles per day by 2025
Geely aims to sell 3 million Geely Auto units and 650,000 Zeekr units by 2025.
Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three global…
Shanghai aims to reach about $54 billion in NEV output by 2025
Shanghai aims to further increase the share of electric vehicles and fuel-cell vehicles, promote the transformation of car companies into…