Author: Linda Ma

, the electric vehicle (EV) brand under Beijing Automotive Group (BAIC Group), has reduced prices on several of its models by up to 23% as part of an effort to drive sales in China’s competitive EV market. The company lowered the starting price of its Arcfox αT5 mid-size SUV to RMB 119,800 ($16,440) from RMB 155,800, marking a reduction of RMB 36,000, or 23.11%. See also: Chinese EV Brand Arcfox Targets European Market with Multi-Million Dollar Investment The most significant price drop applies to the entry-level αT5, while the higher-end versions saw a price cut of RMB 32,000. Additionally, Arcfox…

Xiaomi’s first electric SUV, the YU7, has been spotted during road tests in Guangxi, China, offering a detailed glimpse into the company’s upcoming model. Set for launch in June 2025, the YU7 is positioned to compete directly with the Tesla Model Y, with an estimated starting price of approximately 250,000 yuan (about $34,200 USD). The YU7 boasts a sporty design, measuring 4999 mm in length, 1996 mm in width, and 1600 mm in height, with a 3000 mm wheelbase. See also: Xiaomi Files Single-Motor YU7 SUV Variant in China, Gearing Up for Model Y Competition Its sleek profile and long…

Li Auto has announced the commencement of mass production for modules featuring its own silicon-carbide (SiC) power chip, marking a significant step in its preparations for the launch of new battery electric vehicle (BEV) models later this year. The company shared the update today via Weibo, confirming that the in-house developed SiC power modules and next-generation electric drive assemblies are now being produced at the company’s semiconductor production base in Suzhou and electric drive production base in Changzhou. See also: Li Auto Establishes First Overseas R&D Center in Germany The new SiC power modules, designed and produced internally by Li…

Chinese power battery giant CATL has officially filed for a secondary listing in Hong Kong, marking a significant step in its global expansion strategy. The filing, which includes the first version of its prospectus, is set to position CATL as one of the largest initial public offerings (IPOs) in Hong Kong in recent years. The listing, expected to raise at least $5 billion, would be the largest IPO in the city in four years, according to Reuters. The application comes with sponsorship from major financial institutions, including BofA Securities, CICC, China Securities International, JP Morgan, Goldman Sachs, Morgan Stanley, and…

A day before BYD’s anticipated smart driving strategy event, Changan Automobile revealed its own automotive intelligence roadmap, aiming to offer more affordable vehicles equipped with advanced driver assistance systems (ADAS). On February 9, Changan introduced its “Dubhe Plan 2.0,” outlining a strategy to phase out non-intelligent vehicle models and launch 35 intelligent models within the next three years. This move comes as part of a broader initiative to make smart driving technology more accessible. See also: BYD to Roll Out ‘God’s Eye’ Autonomous Features to More Affordable EVs As part of its plan, Changan will begin equipping vehicles priced at…

BYD’s “God’s Eye” driving assistance system is designed to bring advanced intelligent driving features to a wide range of its vehicles, including budget-friendly options. The system will be available across multiple tiers, with the entry-level BYD Seagull hatchback, priced at 69,800 yuan (approximately 9,550 USD), also featuring the technology. The “God’s Eye” system will be offered in three variants, with up to three LiDAR sensors, depending on the model. In 2024, BYD reported a daily training mileage of 72 million kilometers for its ADAS (Advanced Driver Assistance System), providing a solid foundation for the development of the “God’s Eye” system.…

China’s state-owned auto giants, Dongfeng Motor and Changan Automobile, have unveiled plans for significant reorganization, sparking speculation that the two companies could merge to form one of the world’s largest automotive groups. The announcements, made almost simultaneously last night, disclosed that both companies’ respective indirect controlling shareholders are planning to reorganize with other state-owned conglomerates. However, both companies emphasized that the reorganizations would not affect the actual controllers of the companies. See also: Dongfeng Launches the Xinghai S7: The World’s Most Aerodynamic Electric Saloon Local media reports have fueled merger speculation, with 36kr suggesting that the two companies will indeed…

Xpeng is set to introduce dedicated insurance products to boost the adoption of its smart driving features, Chinese media China Star Market reported on Saturday. The electric vehicle (EV) maker plans to collaborate with insurers to develop tailored smart driving policies based on its extensive user data and technological advancements. See also: Xpeng’s Roadmap to 2025: 380,000 Deliveries, Flying Cars, and Global Market Expansion The policies will cover core autonomous features, including NOA (Navigate on Autopilot) for urban and highway driving and automated parking, addressing liability concerns and user safety, the report said. According to Xpeng Chairman and CEO He…

Among the many Chinese electric and plug-in hybrid vehicles not available in the U.S., the BYD Shark stands out as a particularly exciting prospect for truck enthusiasts. The plug-in hybrid pickup, which is not yet available in North America, combines off-road capability with the efficiency of an electric drivetrain. A new video from the Australian channel All Terrain Action EV showcases the Shark tackling tough conditions in the scorching Australian desert, where it handles demanding off-road situations with impressive ease. See also: BYD Shark Pickup Exports Surpass 10,000 Units in First Year https://www.youtube.com/watch?v=g08V2Hf7EM0 In the video, the BYD Shark is…

Despite a slight increase in electric vehicle (EV) registrations, the market share of German automakers in China’s electric vehicle sector has continued to decline. In 2024, the combined market share of Volkswagen, Audi, BMW, Mercedes-Benz, and Porsche in China’s electric car market was just around five percent, down from 6.5 percent the previous year. The German manufacturers registered 325,637 EVs in China, marking a 2.8 percent increase compared to 2023, but this growth lags behind the overall market surge. In contrast, China’s battery electric vehicle (BEV) registrations soared by 27 percent in 2024, reaching 6.3 million cars. The market share…

Denza, the premium new energy vehicle (NEV) brand under BYD, has started mass production of its latest model, the Denza N9, with the sport utility vehicle (SUV) set to reach showrooms soon, the company announced on Friday. “The first production cars of the Denza N9 have officially rolled off the production line, and the model is packed with technologies for intelligence and safety,” Denza said in a statement on its official Weibo account. “The Denza N9 redefines a new standard of mobility for large flagship SUVs.” See also: Everything You Should Know About Denza N9 Zhao Changjiang, head of sales…

Chinese electric vehicle maker Nio will roll out new models and facelifts across its three brands in 2025, as part of an aggressive product expansion plan aimed at sustaining growth, company founder and CEO William Li said on Thursday. “From April through the end of the year, all three of our brands — Nio, Onvo, and Firefly — will be intensively releasing new products,” Li said in a live-streamed event on short-form video platform Douyin. See also: Nio Reports Record 136,720 Battery Swaps in a Single Day During Chinese New Year Travel Rush The facelifted versions of the ET5, ET5…