BYD will start delivering the Atto 3 in South Korea in February and plans to launch the Seal electric sedan and Sealion 7 electric SUV in the country in the second half of this year.
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Author: Phate Zhang
US finalizes rules banning Chinese tech in connected cars
The US has finalized rules to crack down on Chinese and Russian tech in connected cars, effectively banning smart cars from both countries from entering the US market.
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Tesla to pause some facelifted Model Y lines in China for upgrades, report says
Model Y production will be suspended for about three weeks to increase production, and Model 3 production will also be suspended during the Lunar New Year, according to Bloomberg.
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Goldman Sachs expects Xiaomi to sell 350,000 EVs in 2025 and 655,000 in 2026
Goldman Sachs raised its EV sales forecast for Xiaomi, citing more favorable demand and manufacturing capacity outlook.
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BYD, Grab partner to expand EV fleet offering in Southeast Asia
Grab and BYD formed regional partnership to expand access to up to 50,000 BYD EVs to Grab drivers across Southeast Asia.
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Great Wall Motor previews net income growth of about 80% in 2024
Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.
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Denza aims to sell over 300,000 cars in 2025, report says
BYD sub-brand Denza is targeting sales of more than 300,000 units in 2025, implying a 138 percent growth, according to a local media report.
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China EV insurance registrations by brand for week ending Jan 12: Nio 1,500, Onvo 1,800, Tesla 7,800, BYD 42,800
Xiaomi had 5,400 insurance registrations last week, Li Auto 7,600, Xpeng 7,400, Zeekr 2,800, Leapmotor 5,200 and Aito 5,000.
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CATL breaks ground on its 1st battery swap station in HK
FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.
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Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control
Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.
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