CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.
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CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.
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Capacity ramp-up at the Xiaomi EV plant has now been completed and the full-year delivery target of 100,000 units is expected to be completed by early November, Xiaomi's CEO said.
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Meizu will unveil its car project later this year. The first product seems to be already finalized and is possibly a cross sedan.
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BYD’s high-end brand Denza applied for patent images of the Denza Z9 sedan. This car was previously spotted in China during road tests.
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China's passenger car retail sales fell in July from June, but the NEV market was bolstered by fast-growing sales of hybrid models, the CPCA said.
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The current Xiaomi EV factory is a phase 1 project with an annual capacity of 150,000 units, and the second phase is also planned to have an annual capacity of 150,000 units.
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Honda will reduce its gasoline vehicle production capacity in China by 290,000 units and expects two new EV plants to start production in September and November, respectively.
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The LEVC L380 minivan from Geely Group started deliveries in China with a starting price of 52,400 USD. To enter the UK in 2026.
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Neta has started production at its plant in Thailand and is building a new plant in Malaysia.
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The Deepal S07 SUV, available in EREV and BEV variants, replaces the S7 to better align with the company's global strategy.
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