EV
IM Motors begins delivering LS7 SUVs
IM Motors begins delivering LS7 SUVs

IM Motors, the premium electric vehicle (EV) maker backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, started delivering its second production model and also the first SUV model, the IM LS7, on Mar. 1.

Mar. 2 , 2023
​Leapmotor’s Feb. deliveries recover MoM
​Leapmotor’s Feb. deliveries recover MoM

In February 2023, Chinese new energy vehicle startup Leapmotor saw its monthly deliveries recover from the slump in January, according to the company’s announcement.

Mar. 2 , 2023
XPeng posts two-digit MoM jump in Feb. 2023 deliveries
XPeng posts two-digit MoM jump in Feb. 2023 deliveries

XPeng, a Guangzhou-based Chinese electric vehicle (EV) manufacturer, delivered 6,010 vehicles in Feb. 2023, according to the company’s announcement, sliding 3.45% from the previous year, while jumping 15.18% from the previous month.

Mar. 1 , 2023
Geely-backed VREMT team up with Alibaba for overseas business development
Geely-backed VREMT team up with Alibaba for overseas business development

On Feb. 28, VREMT, a subsidiary of Geely Holding, signed an agreement with Alibaba.com, a cross-border e-commerce platform of Alibaba Group, to conduct strategic cooperation on some “going global” projects.

Mar. 1 , 2023
Car and City: Shenzhen tops other Chinese cities by Model 3, Model Y registrations in Jan. 2023
Car and City: Shenzhen tops other Chinese cities by Model 3, Model Y registrations in Jan. 2023

In the first month of 2023, there were 27,207 China-made Tesla-branded vehicles registered across the Chinese mainland, representing a 34.7% decrease compared to the previous month, according to the data compiled by GARI.

Feb. 28 , 2023
Li Auto scores two-digit YoY, QoQ growth in Q4 2022 revenue
Li Auto scores two-digit YoY, QoQ growth in Q4 2022 revenue

Li Auto Inc. announced on Monday its revenue reached 17.65 billion yuan ($2.56 billion) in the fourth quarter of 2022 (Q4 2022), surging 66.2% year on year and also soaring 88.9% quarter on quarter.

Feb. 27 , 2023