Author: Jackson Han

Chinese vacuum cleaner maker Dreame Technology is considering building a factory for luxury electric cars in Germany’s Brandenburg state, though local authorities have yet to confirm the plans. The company, best known for its high-performance vacuum cleaners and household robots, announced in late August its entry into the premium electric vehicle (EV) market under a new division called Dreame Cars. In a press release earlier this month, the group said its founder and CEO Yu Hao had travelled to Germany with a team to assess potential locations for the factory. “The brand is considering setting up a production plant in…

Denza, the premium brand under Chinese automaker BYD, is set to unveil its new N8L SUV, with an official market launch expected next year, the company said. The six-seat plug-in hybrid electric vehicle (PHEV) is designed specifically for family users, Denza’s newly appointed general manager of sales Li Hui wrote on Weibo on Sunday. “The N8L is tailored for family users, with every detail refined around family travel,” Li said, adding that the model will focus on space, comfort, safety, and handling. Chinese auto media outlet Yiche reported in July that Denza plans to officially launch the N8L in the…

China has unveiled a work plan for its automotive industry through 2026, setting targets to boost domestic sales of new energy vehicles (NEVs) and expand exports while promoting technological independence in key areas. The plan calls for a 20% increase in NEV sales this year to 15.5 million units and projects overall vehicle sales of 32.3 million in 2025, up 3% from the previous year. That would bring NEVs — a category covering battery-electric, plug-in hybrid, range-extended and fuel cell vehicles — to 48% of all cars sold. No sales goal was specified for 2026. To reach its targets, the…

Nio has secured more than 40,000 locked-in orders for its third-generation ES8 SUV, surpassing the company’s stated production capacity for 2025, according to a report by domestic outlet LatePost citing a source close to management. “The actual figure is significantly higher than that,” the source told LatePost, referring to the orders, which are backed by non-refundable deposits. The strong demand follows Nio’s launch of the ES8 at its annual Nio Day event in Hangzhou on Sunday. Founder and CEO William Li said the model had exceeded performance expectations and promised annual capacity above 40,000 units. He added that customers who…

Nio launched the third-generation ES8 sport utility vehicle (SUV), the latest iteration of its first mass-produced model, with reduced pricing and upgraded specifications aimed at strengthening its position in China’s premium EV market. The new ES8, unveiled at Nio Day 2025 in Hangzhou, starts at RMB 406,800 ($57,170) with a 100-kWh battery pack, down RMB 10,000 or 2.4% from the pre-sale price. Under the Battery-as-a-Service (BaaS) plan, the starting price is RMB 298,800 with a monthly rental fee of RMB 1,128. Deliveries begin Sept. 21. Nio said the ES8’s pricing represents a significant cut compared to previous versions. The new…

BYD has introduced its next-generation energy storage system, Haohan, as the Chinese automaker and battery maker steps up competition with rivals in the large-scale energy storage sector. Unveiled on Sept. 18, the Haohan system’s smallest unit reaches 14.5 megawatt-hours (MWh), which BYD says is the highest globally. The solution delivers up to 10 MWh of storage capacity within the footprint of a 20-foot container. For comparison, Contemporary Amperex Technology (CATL) launched its Tener Stack in May with 9 MWh capacity, while Tesla’s Megapack 3 has a unit capacity of 5 MWh. Haohan uses BYD’s dedicated blade batteries with a maximum…

Onvo, the mass-market sub-brand of Nio said on Thursday it plans to update its L60 sport utility vehicle as the model reaches its first anniversary, after delivering more than 65,000 units in its debut year. “More exciting highlights are coming – stay tuned,” Onvo wrote in a WeChat post marking the milestone. The company did not disclose full details of the upgrade but said the midsize electric SUV has ranked among the top three in pure battery-electric sales over the past 12 months. Onvo president Shen Fei said the refreshed version will add dual wireless phone charging pads for front…

Chery Auto will open books for its Hong Kong initial public offering (IPO) on September 17, targeting a valuation of HK$140 billion ($18 billion), local media outlet FNNews reported on Monday. The Chinese automaker passed the Hong Kong Stock Exchange’s listing hearing on September 7 and is expected to start trading later this month, the report said. Chery aims to raise between $1.5 billion and $2 billion, which could make it the largest auto IPO on the Hong Kong exchange this year, according to the report. Opening books allows underwriters to begin gauging subscription interest from potential investors, including the…

BYD has unveiled its latest electric bus architecture, introducing the e-Bus Platform 3.0 and a new C11 model built on the system. The move extends the Chinese automaker’s technology push from passenger cars to commercial vehicles. The e-Bus Platform 3.0 incorporates BYD’s blade battery with cell-to-chassis (CTC) technology, embedding lithium iron phosphate (LFP) batteries into the vehicle’s frame to boost structural strength and free up cargo space. The 1,000-volt high-voltage system, which the company said is a global first for buses, supports five battery configurations ranging from 184 kWh to 593 kWh. The new C11 bus, measuring 11 meters in…

Hesai Group China’s largest manufacturer of LiDAR sensors, said on Monday it has secured a new order worth more than $40 million from a U.S.-based robotaxi company, its second deal in the United States this month. The company said it will act as the sole supplier of both long-range and short-range LiDAR products, with deliveries scheduled to be completed by the end of 2026. Hesai did not disclose the name of the U.S. partner. Earlier this month, on Sept. 4, Hesai announced it had been chosen by Motional, the autonomous driving venture backed by Hyundai Motor, as its exclusive short-range…

The BYD Yangwang U8L is a full-size executive luxury SUV with a starting price of 1.28 million yuan (around $179,800). It measures 5,400 mm in length, 2,049 mm in width, and 1,921 mm in height, with a wheelbase of 3,250 mm. The model combines imposing dimensions with a wide range of advanced technologies developed by BYD. The U8L is powered by BYD’s e4 (Yisifang) platform, pairing a 2.0T engine, a 55.53 kWh Blade battery pack, and four electric motors. This setup produces 880 kW (1,180 hp) and 1,520 Nm of torque, enabling acceleration from 0 to 100 km/h in 3.5…

BYD’s luxury sub-brand Yangwang on Thursday unveiled its latest model, the U8L, a long-wheelbase version of its U8 off-road SUV, as the Chinese automaker deepens its push into the country’s premium sport utility vehicle market. The full-size U8L was officially launched in a single “Dingshi Edition” trim with a starting price of RMB 1.28 million ($179,690), slightly below the RMB 1.3 million pre-sale price. Deliveries are scheduled to begin in late September. Measuring 5,400 mm in length with a 3,250 mm wheelbase, the U8L is larger than the standard U8, which debuted in September 2023. The six-seat SUV runs on…