The Aito M9 is a full-size SUV with 530 hp and a starting price of 68,400 USD. It is ready for the market launch in China.
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Category: China
Morgan Stanley explains why Xpeng shares have been weak recently
Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.
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WM Motor says ‘pre-restructuring’ does not mean bankruptcy, denies founder fled overseas
WM Motor has denied reports that its founder Freeman Shen has fled to the US, leaving behind nearly RMB 40 billion in investments and debts.
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Li Auto releases more official images of Li Mega
Li Auto today shared five more images of the Li Mega and hinted that the MPV's wind resistance will be as low as that of a coupe.
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BYD averages about $1,440 in profit per vehicle in Q3
BYD's average profit per vehicle improved by about RMB 2,700 in the third quarter from the second quarter, driven primarily by scale advantage, analysts said.
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Sunwoda’s EV battery business kicks off IPO process in China
Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.
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BYD expects Q3 net profit to rise as much as 69% from Q2
BYD expects its net profit for the first three quarters to be RMB 20.5 billion - RMB 22.5 billion, up 120.16 percent - 141.64 percent year-on-year.
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Didi’s autonomous trucking arm KargoBot becomes independent firm
KargoBot has become an independently operated company and received an investment of over RMB 450 million, according to local media.
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China NEV sales in week 41: BYD 53,900, Tesla 7,500, Nio 3,500
The whole market was up. Li Auto sold 10,500 vehicles for a first time in a week.
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China EV insurance registrations for week ending Oct 15: Li Auto 10,500, Tesla 7,500, Nio 3,500
As of October 15, Li Auto was at 17,800 so far this month, Tesla at 8,400, Nio at 5,100 and Xpeng at 4,600 units.
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