EV
CAIP starts construction of first overseas factory in Hungary
CAIP starts construction of first overseas factory in Hungary

On November 18, Jiangsu Changshu Automotive Trim Group Co., Ltd. ("CAIP") broke ground on its first overseas factory in Hungary, marking a significant milestone in the company's global expansion.

Nov. 20 , 2024
XPENG reports YoY, QoQ growth in Q3 2024 revenue, gross margin
XPENG reports YoY, QoQ growth in Q3 2024 revenue, gross margin

The company reported total revenues of 10.10 billion yuan (US$1.44 billion) for Q3 2024, marking an 18.4% increase from the same period last year and a 24.5% rise from the second quarter of 2024.

Nov. 20 , 2024
Chery Fulwin T9 Super Long Range Edition SUV hits market at 183,900 yuan
Chery Fulwin T9 Super Long Range Edition SUV hits market at 183,900 yuan

On November 18, Chery Auto's new energy vehicle range, Fulwin, put the Fulwin T9 Super Long Range Edition onto the market.

Nov. 19 , 2024
GAC Group eyes annual sales of 2 million vehicles for wholly-owned brands by 2027
GAC Group eyes annual sales of 2 million vehicles for wholly-owned brands by 2027

At the Auto Guangzhou 2024, GAC Group launched its ambitious three-year "Panyu Action," aiming to have its self-owned brands account for over 60% of the group's total sales by 2027, with a bold target of 2 million vehicles sold.

Nov. 19 , 2024
Xiaomi records Q3 2024 revenue of 9.7 billion yuan in innovative businesses including smart EV
Xiaomi records Q3 2024 revenue of 9.7 billion yuan in innovative businesses including smart EV

Xiaomi's smart electric vehicle (EV) and other innovative businesses generated 9.7 billion yuan in revenue for Q3, with a gross margin of 17.1%, but posted an adjusted net loss of 1.5 billion yuan.

Nov. 19 , 2024
ZEEKR completes first deliveries of ZEEKR X in Hong Kong
ZEEKR completes first deliveries of ZEEKR X in Hong Kong

ZEEKR, an electric vehicle maker under Geely Holding, recently announced its first batch of 100 ZEEKR X deliveries in the Hong Kong market has been completed on November 16.

Nov. 19 , 2024