- GAC Energy, NIO Energy forge partnership to share EV charging network
On June 7, GAC Energy Technology Co., Ltd. ("GAC Energy") and Wuhan NIO Energy Co., Ltd. ("NIO Energy") officially established a partnership for the interconnection of their electric vehicle (EV) char...
June 07 , 2024
- NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY
Despite the revenue downturn, NIO achieved a gross profit of 487.7 million yuan (US$67.6 million) in Q1 2024, a substantial 200.5% increase from the same quarter last year.
June 07 , 2024
- Hyper GT Global Edition hits market, featuring HD map-free smart driving system
On June 6th, the Hyper GT Global Edition, a new model under GAC AION's premium brand Hyper, officially hit the market, introducing three models priced between 203,900 yuan and 259,900 yuan.
June 07 , 2024
- Polestar announces interoperability with NIO’s EV charging network
On June 6, Polestar officially announced its comprehensive integration with NIO's electric vehicle charging network.
June 07 , 2024
- Lynk & Co’s first BEV model ZERO to make global debut soon
Lynk & Co, the car brand jointly owned by Geely and Volvo Cars, recently announced that its first all-electric vehicle model, the ZERO, will have its global debut on June 12. The new car will be produ...
June 06 , 2024
- Changan NEVO’s cumulative sales exceed 100,000 units
On June 5, Changan NEVO, the new energy vehicle range of Changan Automobile, announced that it has achieved cumulative sales of over 100,000 vehicles in just seven months.
June 06 , 2024
- China’s Vehicle Inventory Alert Index in May 2024 up YoY, but down MoM
The Vehicle Inventory Alert Index for Chinese auto dealers in May 2024 stood at 58.2%, representing a year-on-year increase of 2.8 percentage points and a month-on-month decrease of 1.2 percentage poi...
June 06 , 2024
- NETA Auto granted financial supports from China CITIC Bank, CITIC Securities
On June 5th, Hozon New Energy Automobile Co., Ltd., the parent company of NETA Auto, signed a comprehensive cooperation agreement with China CITIC Bank Shanghai Branch and CITIC Securities Shanghai Br...
June 06 , 2024
