BYD set up its own auto insurance business through an acquisition, which began operations in May this year.
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Author: Phate Zhang
Nio opens UAE website and X account as market entry nears
“We are committed to fostering a growing community in the UAE and building strong networks to provide the best possible experience for NIO users,” the company wrote on its UAE website page.
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BYD opens 1st store in Sri Lanka, brings in new model
BYD has launched the Sealion 6 in Sri Lanka, its fourth model there after the Dolphin, Seal, and Atto 3.
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Chinese lithium producer Ganfeng plans $500 million battery plant in Turkey
Ganfeng plans to set up a joint venture in Turkey, which plans to invest $500 million to build a lithium battery project with an annual capacity of 5 GWh in Turkey.
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VW consolidates EV R&D in China, looks to build ‘Wolfsburg of the East’ in Anhui, report says
In a recent shake-up, Volkswagen moved its BEV R&D resources in China to Anhui province, where it hopes to build a "Wolfsburg of the East," according to local media.
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VW China JV recalls 283 imported Audi e-tron GT electric sports cars due to brake system concern
The Audi e-tron GT is a luxury electric sports car that currently has a starting price of RMB 999,800 ($139,380) in China.
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Leapmotor sees Q2 gross margin turn positive, prioritizes volume
Despite improved gross margin, Leapmotor's losses continued to widen in the second quarter as it saw record quarterly R&D investments.
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BYD plans to build EV plant in Pakistan, report says
BYD will reveal three models it plans to sell in Pakistan at a brand launch on Saturday. Its EV plant in Karachi will be completed in the first half of 2026, according to Bloomberg.
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Dongfeng Voyah unveils updated Dreamer MPV featuring Huawei’s driver assist system
Voyah said the new Dreamer MPV brings the dream of smart mobility into reality, making traditional MPVs a thing of the past.
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Nio Onvo sees 1st production car of L60 roll off line, interior unveiled
The first production vehicle of the Onvo L60 rolled off the assembly line today at Nio's F2 plant in NeoPark, Hefei, Anhui province, with interior details being unveiled.
For details, please visit CnEVPost.
