Author: Jackson Han

Nio has opened a configurator for its third-generation ES8 SUV, allowing Chinese consumers to secure early reservations ahead of the model’s official launch later this month. The electric vehicle maker said the configurator and wish list are now available through its mobile app. The announcement comes shortly after Nio began offering test drives for the new ES8 on September 10, drawing strong interest from customers. Stores across China have extended operating hours to meet demand, with some locations scheduling late-night test drives. The company recommends its six-seat Executive Signature Edition, which features high-definition projection headlights, smart dimming glass, 22-inch forged…

China has set annual vehicle sales targets for 2025 at 32.3 million units, with new energy vehicles (NEVs) expected to account for 15.5 million, reflecting a penetration rate of 48 percent, according to an automotive industry growth stabilization plan released by eight government departments including the Ministry of Industry and Information Technology. The plan, aimed at maintaining stable growth in the automotive sector, also calls for a roughly 6 percent increase in the added value of the automotive manufacturing industry and emphasizes the importance of the sector as a key pillar of the national economy. See also: Chinese EV Brands…

Chinese electric vehicle maker Voyah, a luxury brand under Dongfeng, has released official images of its new flagship SUV, the Taishan 9L, ahead of its planned launch in China in the fourth quarter. The vehicle is positioned as a premium three-row, six-seat plug-in hybrid electric vehicle (PHEV). The Taishan 9L combines a 1.5-liter turbocharged gasoline engine with dual electric motors, producing a total output of 490 kW. The SUV is equipped with a 65 kWh CATL NMC battery, providing an electric-only range of 370 kilometers and a combined range of approximately 1,400 kilometers. The vehicle supports 800V fast charging, allowing…

Chinese authorities have launched a three-month campaign to tackle online malpractice affecting the automotive industry, targeting illegal profiteering, exaggerated advertising, and malicious defamation, according to a joint statement released by six government departments including the Ministry of Industry and Information Technology. The initiative aims to encourage companies to regulate marketing practices, maintain healthy public sentiment, and support high-quality industry development. Activities considered illegal include creating fake media, fabricating stories, hyping or spreading negative narratives about automakers, and misrepresenting sales figures. The use of technologies such as AI to generate false content for profit and coercing businesses through threats of negative…

Tesla has confirmed it will not offer wireless charging for the Cybertruck, despite the pickup already being fitted with the necessary hardware, with company engineers citing physical and efficiency constraints as the reason for shelving the feature. The Cybertruck, which launched in late 2023, was initially delivered without any mention of wireless charging, though service documentation later revealed inductive charger headers installed in the vehicle. That raised speculation the futuristic pickup could be updated to support the feature in the future. Tesla has now ended that speculation, saying the technical limitations make it impractical for a truck of its size.…

Executives at BYD have increased their holdings in the company, signaling confidence in its long-term prospects following a period of declining stock prices. According to a company announcement on Wednesday, several senior executives, including vice presidents and senior vice presidents, purchased BYD A-shares on the Shenzhen stock exchange this month, totaling approximately RMB 52.3 million ($7.3 million). Senior vice president Luo Hongbin, CFO Zhou Yalin, senior vice president Yang Dongsheng, vice president Luo Zhongliang, and vice president Li Wei collectively acquired 221,800 shares worth RMB 23.6 million between September 1 and 9. An additional 32 core personnel increased their holdings…

Chinese automaker SGMW, under its Baojun and Wuling brands, has revealed the Baojun Huajing S, a new plug-in hybrid SUV co-developed with Huawei, according to filings with China’s Ministry of Industry and Information Technology (MIIT). The model marks the latest collaboration between an established automaker and the Chinese technology giant, incorporating Huawei’s advanced automotive systems. The Huajing S is based on SGMW’s Tianyu Architecture L platform and features a spacious design, measuring 5,235 mm in length, 1,999 mm in width, 1,800 mm in height, with a 3,105 mm wheelbase. The SUV seats five passengers and is positioned as a premium…

Chinese luxury brand Hongqi, part of state-owned FAW Group, has unveiled its new all-electric EHS5 at the IAA Mobility show in Munich, signaling its latest step toward expanding in Europe’s competitive EV sector. The mid-size SUV, the company says, is designed to meet both the everyday and long-distance travel needs of European families, offering robust safety, spacious interiors, and advanced digital connectivity. Founded in 1958, Hongqi is traditionally known in China as a supplier of official state cars powered by combustion engines. In recent years, however, the automaker has pivoted toward electrification and international expansion. Hongqi made its first move…

Toyota’s new electric sedan for the Chinese market, the bZ7, will feature Huawei (HKG: 0700) electric motors and other in-car technologies, according to information from China’s Ministry of Industry and Information Technology (MIIT). Developed locally and manufactured by GAC-Toyota, the bZ7 is powered by a DriveOne electric motor sourced from Huawei, delivering 207 kW of output and a top speed of 190 km/h. The collaboration marks a first for a non-Chinese carmaker to use Huawei motors in a production vehicle. See also: Toyota to Produce RAV4 and Land Cruiser EVs in U.S., Shifts Lexus ES Production to Japan Huawei technology…

Nio said on Wednesday it has priced its $1 billion share offering at $5.57 per American depositary share (ADS), an 11 percent discount to Monday’s closing price of $6.28 in the United States. In Hong Kong dollars, the class A ordinary shares are set at HK$43.36 each. The company expects to complete the ADS portion of the offering by Sept. 11 and the ordinary share offering around Sept. 17. Nio plans to issue up to 181.8 million class A ordinary shares, including ADSs, with underwriters granted a 30-day option to purchase up to 27.3 million additional ADSs, potentially raising an…

Hesai Group (HSAI.O), the world’s largest LiDAR sensor manufacturer, has launched a secondary listing in Hong Kong, aiming to raise up to HK$3.88 billion ($500 million) to support research, production capacity, and business development. The Shanghai-based company is offering 17 million class B shares globally, including 15.3 million for international investors and 1.7 million through a Hong Kong public sale, according to its prospectus. The shares are priced at up to HK$228 ($29.04) each, with trading expected to begin next week under the stock code “2525.” Hesai’s American Depositary Shares (ADS) will continue trading on Nasdaq, where each ADS represents…

Avatr Technology, the high-end electric vehicle brand jointly owned by Changan Automobile and battery giant CATL, unveiled a new concept car ahead of the IAA Mobility auto show in Munich. The Avatr Vision Xpectra measures 5,843 mm in length, 2,132 mm in width and 1,405 mm in height, with a 3,450 mm wheelbase, making it 81 mm longer than the Rolls-Royce Phantom standard model. The four-seat vehicle adopts a design philosophy Avatr calls “The Energy Force,” featuring sculpted fenders, clean body panels and a glass cabin with a roof stretching from front to rear. Its exterior highlights include a two-storey…