An image of what is said to be Onvo's first model, the L60, is circulating in WeChat groups and on Weibo.
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Author: Phate Zhang
Morgan Stanley says Xiaomi EV’s disruptive force unfolding, explains impact on other EV startups
Xiaomi EV's impact on EV startup shares may be relatively minor at this point, as more meaningful volume upside still comes from internal combustion engine vehicle replacement, Morgan Stanley said.
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VW to invest 2.5 billion euros to expand Hefei production base
Volkswagen said it will produce two Volkswagen-branded models co-developed with Xpeng in Hefei, the first of which is scheduled to go into production in 2026.
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Huawei-Chery joint brand Luxeed re-launches 1st model S7 with lower prices for most trims
Huawei said the Luxeed S7 has begun volume deliveries. The model was initially launched in November 2023 and has since been the subject of complaints over slow deliveries.
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Nio’s cockpit head reportedly to depart
Nio's vice president of digital cockpit and software development, Zhang Lei, is leaving the company and will complete the handover by the end of this month, according to local media.
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Xpeng launches new variant for G6 SUV with lower price tag
Xpeng has launched the G6 580 Plus with a starting price of RMB 199,900 ($27,630), or RMB 179,900 after discount.
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BYD, JA Solar form strategic partnership to jointly develop energy storage products
BYD and JA Solar will jointly develop energy storage products to provide integrated solutions for photovoltaic power generation and energy storage.
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Automakers’ share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8%
In the January-March period, BYD was No. 1 with a 33.1 percent share, while Tesla was No. 3 with a 7.5 percent share.
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Nio signs strategic partnership with home appliance giant Midea
Midea and Nio will cooperate in areas including EV parts, automation services, digitalization, low-carbon parks and smart logistics.
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Xpeng signs distributor deal to tap HK market, local deliveries to start in Q3
Xpeng's main models will debut in Hong Kong in mid-May, with deliveries expected to begin in the third quarter.
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