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NETA S Shooting Brake hits market with both REEV, BEV versions
NETA S Shooting Brake hits market with both REEV, BEV versions

On August 25, NETA Auto officially put the NETA S model's shooting-brake edition onto the market, offering six variants priced between 159,900 yuan and 209,900 yuan.

Aug. 26 , 2024
Li Auto, Shoucheng Holdings to build supercharging tech joint venture
Li Auto, Shoucheng Holdings to build supercharging tech joint venture

Chinese new energy vehicle maker Li Auto signed a cooperation agreement with Shoucheng Holdings Limited at the Shougang Park in Beijing, according to Li Auto’s press release.

Aug. 24 , 2024
IAT, Wuxi Economic Development District to co-build innovation center for AI auto R&D, design
IAT, Wuxi Economic Development District to co-build innovation center for AI auto R&D, design

Recently, IAT Automobile Technology Co., Ltd. ("IAT") and the Wuxi Economic Development District officially signed a strategic cooperation agreement to establish a global AI automotive R&D and design innovation center.

Aug. 23 , 2024
Foryou Corporation posts 46.23% YoY surge in H1 2024 revenue
Foryou Corporation posts 46.23% YoY surge in H1 2024 revenue

Chinese automotive parts supplier Foryou Corporation recently announced its financial results for the first half of 2024 (H1 2024), showing significant growth in both revenue and profit.

Aug. 23 , 2024
EVE Energy's adjusted net profit rises 19.32% YoY in H1 2024
EVE Energy's adjusted net profit rises 19.32% YoY in H1 2024

On August 22, Chinese power and consumer battery supplier EVE Energy Co., Ltd. ("EVE Energy") released its semi-annual report for 2024.

Aug. 23 , 2024
Xiaomi SU7 Ultra's mass-produced version to be launched in Q1 2025
Xiaomi SU7 Ultra's mass-produced version to be launched in Q1 2025

On August 22, Xiaomi's Founder, Chairman, and CEO Lei Jun revealed that the mass-produced version of the Xiaomi SU7 Ultra, a racing prototype based on the SU7’s all-electric platform, is set to be launched in the first quarter of 2025.

Aug. 23 , 2024