BYD expects to produce around 200 electric buses per year in Azerbaijan between 2025 and 2028.
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Category: China
Xpeng targets 20,000 monthly production capacity for Mona M03 by Chinese New Year
Xpeng has delivered more than 10,000 units of the Mona M03 for the second consecutive month since its launch, and the model's production capacity was increased by 40 percent in November.
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BYD Yangwang starts pre-sales of U7 luxury sedan
Yangwang has begun pre-sales of the U7 without releasing pricing information. The BYD sub-brand previously said the U7 would be priced in the 1-million-yuan level.
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Nio Onvo says deliveries have exceeded 7,000, reiterates monthly volume to exceed 20,000 in Mar 2025
Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said.
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Nio to enter Azerbaijan auto market
Nio already has a vehicle sales and service partner in Azerbaijan, said its president, Qin Lihong, who will also check out the site for Nio's first local Nio House.
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Financially troubled Neta gets relief from local government support
A business entity of the Nanning city government will provide Neta with supply chain financial support for raw material sourcing, production, logistics, and export.
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Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO
A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.
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BYD launches Song Pro in Chile, Shark pickup makes local debut
The Song Pro DM-i is the 10th model BYD has launched in Chile. The BYD Shark will be launched in Chile in the first quarter of 2025.
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Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co
Zeekr expects to use its own cash reserves and external financing to fund the acquisition.
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Gotion’s battery project in Morocco gets $280 million investment from local firm CDG
CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.
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