EV
NIO’s first 4th-gen power swap stations come online
NIO’s first 4th-gen power swap stations come online

On June 13, NIO officially launched the first batch of its fourth-generation power swap stations, which will support multiple brands and car models for automatic battery swapping.

Jun. 13 , 2024
China’s Qingdao city eyes annual NEV output of 400,000 units by 2025
China’s Qingdao city eyes annual NEV output of 400,000 units by 2025

Recently, the municipal government of China's Qingdao city issued the Action Plan for the High-Quality Development of the New Energy Vehicle Industry in Qingdao ("the Action Plan").

Jun. 13 , 2024
Lynk & Co’s first all-electric vehicle model makes world debut
Lynk & Co’s first all-electric vehicle model makes world debut

On June 12, Lynk & Co officially unveiled its first all-electric model, the Lynk & Co Z10, in Gothenburg, Sweden. This car was previously referred to as ZERO but is now officially named the Lynk & Co Z10.

Jun. 13 , 2024
China’s passenger vehicle retail sales edge down 1.9% YoY, but rise 11.4% MoM
China’s passenger vehicle retail sales edge down 1.9% YoY, but rise 11.4% MoM

In May 2024, China's domestic passenger vehicle (PV) market retailed 1.71 million units, marking a year-over-year decrease of 1.9% but a month-over-month increase of 11.4%.

Jun. 12 , 2024
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