Category: China

BYD Denza reveals strong D9 MPV orders while Li Auto silent on Li Mega

Denza said the 2024 D9 received 11,287 firm orders in the first 12 hours after its launch. Li Auto, on the other hand, has not announced orders for the Li Mega, and its shares have been down about 18 percent since the MPV's launch.

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Leapmotor’s JV with Stellantis gets approval from Chinese regulator, report says

A Chinese regulator has given its approval for Leapmotor's joint venture with Stellantis, with the deal still awaiting regulatory approval in other markets, according to Reuters.

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Xpeng reportedly asks dealers to stock up on inventory as it begins to rely more on traditional sales model

Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media.

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