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XPENG introduces zero interest, up to 5-year zero down payment policy to boost car sales
XPENG introduces zero interest, up to 5-year zero down payment policy to boost car sales

On February 5, Chinese smart electric vehicle company XPENG announced a new car purchase policy, which offers customers a zero-down payment and five-year zero-interest option with subsidies of up to 57,000 yuan per car.

Feb. 6 , 2025
FAW-Volkswagen's retail sales reach 140,400 vehicles in Jan. 2025
FAW-Volkswagen's retail sales reach 140,400 vehicles in Jan. 2025

On February 1, FAW-Volkswagen released its first monthly sales result for 2025, revealing that the company retailed a total of 140,400 vehicles (including imported Audi vehicles) in January across its Volkswagen, Audi, and JETTA brands.

Feb. 6 , 2025
Geely Technology Group, Honbridge Holdings ink deal for bauxite transaction
Geely Technology Group, Honbridge Holdings ink deal for bauxite transaction

On January 27, Honbridge Holdings announced that it has signed a bauxite procurement framework agreement with Geely Technology Group, a company affiliated to Zhejiang Geely Holding Group.

Feb. 6 , 2025
BYD to launch intelligence strategy on Feb. 10
BYD to launch intelligence strategy on Feb. 10

On February 6, BYD announced that it will hold an intelligence strategy launch event at 19:30 on February 10 at its headquarters in Shenzhen city to showcase its advanced intelligent driving system, "Gods's Eye."

Feb. 6 , 2025
Changan Automobile posts 1.66% YoY dip in Jan. 2025 sales
Changan Automobile posts 1.66% YoY dip in Jan. 2025 sales

Chinese automaker Chongqing Changan Automobile Co., Ltd. ("Changan Automobile") reported on February 5 its monthly sales performance in the first month of 2025.

Feb. 6 , 2025
Hesai, Embotech, Outsight team up to enhance BMW's smart factory automation
Hesai, Embotech, Outsight team up to enhance BMW's smart factory automation

LiDAR maker Hesai Technology on Feb. 5 announced its recent strategic partnerships with Swiss autonomous driving solutions provider Embotech AG and French spatial intelligence software developer Outsight.

Feb. 6 , 2025