EV
DENZA about to open first flagship store in Hong Kong, China
DENZA about to open first flagship store in Hong Kong, China

DENZA, a premium new energy vehicle brand majority backed by BYD, will open its first flagship store in Hong Kong's Kowloon Bay automotive business district at the end of June, the automaker announced on June 11.

Jun. 12 , 2024
China’s new energy passenger car wholesale, retail volumes jump 32.1%, 38.5% YoY in May
China’s new energy passenger car wholesale, retail volumes jump 32.1%, 38.5% YoY in May

In May 2024, China’s new energy passenger vehicle market realized a respective 31% and 32.1% year-on-year jump in production and wholesale volumes, which came in at 881,000 vehicles and 897,000 vehicles.

Jun. 11 , 2024
XPENG releases images of MONA series' first model
XPENG releases images of MONA series' first model

On June 11, XPENG officially released the official images of the first model in its fire new MONA series—the XPENG M03, which is expected to be launched soon.

Jun. 11 , 2024
GAC Energy, NIO Energy forge partnership to share EV charging network
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) charging networks.

Jun. 7 , 2024
NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY
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.

Jun. 7 , 2024
Hyper GT Global Edition hits market, featuring HD map-free smart driving system
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.

Jun. 7 , 2024