Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders.
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Author: Phate Zhang
Former Nio CFO joins US-sanctioned camera maker Hikvision
Former Nio CFO Steven Feng has joined US-sanctioned surveillance camera maker Hikvision, after leaving the EV maker in early July.
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BYD launches Shark in Brazil, taking its pickup truck to more markets
A BYD executive expects the Shark to sell between 10,000 and 15,000 units annually in Brazil, which would make it a top 5 midsize pickup in the country.
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EU, China agree to further technical talks on EV tariffs
The EU and China have agreed to hold further technical negotiations soon on possible alternatives to tariffs on China-made EVs, at a time when additional tariffs are due to come into force next week.
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Nio Onvo’s 2nd model expected to be released by end of Q1 2025, report says
The new mid-to-large-size SUV will be a key weapon in Onvo's drive to boost deliveries next year, a local media report said.
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CATL launches Freevoy battery for hybrid cars that can offer over 400 km range
CATL has launched the Freevoy battery for hybrid vehicles, which offers a range of more than 400 kilometers and supports 4 C fast charging, allowing hybrid vehicles to deliver a BEV-like experience.
For details, please visit CnEVPost.
Xpeng to hold annual tech day event on Nov 6
Xpeng will hold this year's tech day event on November 6, changing from its regular practice of holding the event on October 24 each year for the past five years.
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Xiaomi to unveil SU7 Ultra’s production version on Oct 29
Xiaomi unveiled the SU7 Ultra prototype in July with 1,548 horsepower. It had previously said that the official launch of the production version of the SU7 Ultra would be in the first half of 2025.
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Tesla Q3 revenue misses estimates while EPS and margins beat
Tesla said it expects to achieve slight growth in vehicle deliveries in 2024 despite ongoing macroeconomic conditions.
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Zeekr launches new model Mix in latest foray into uncharted waters
Zeekr launched the Zeekr Mix five-seater, its new foray into uncharted waters after its first model, the Zeekr 001 shooting brake.
For details, please visit CnEVPost.
