EV
NIO officially names third brand 'firefly'
NIO officially names third brand 'firefly'

On November 20, Chinese leading smart electric vehicle maker NIO officially announced the name of its third brand, "firefly", with its first vehicle sharing the same name.

Nov. 21 , 2024
SGMW, CATL to co-launch battery-swappable vehicle model in 2025
SGMW, CATL to co-launch battery-swappable vehicle model in 2025

SGMW announced a landmark collaboration with CATL to unveil the world's first battery-swapping strategy for commercial vehicles.

Nov. 21 , 2024
NIO’s revenue in Q3 2024 drops YoY, but rises QoQ
NIO’s revenue in Q3 2024 drops YoY, but rises QoQ

NIO reported total revenues of 18,673.5 million yuan (US$2,661.0 million) for Q3 2024, a slight decline of 2.1% compared to the same period in 2023 but a 7% increase over the previous quarter.

Nov. 21 , 2024
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