Author: Jackson Han

Xiaomi’s electric vehicle (EV) business is expected to turn profitable in the second half of 2025, the company’s founder and CEO Lei Jun said at its annual Investor Day event, underscoring the smartphone maker’s ambitions in China’s highly competitive EV market. If achieved, the milestone would make Xiaomi the fastest among China’s new automotive brands to reach profitability. Rivals Nio and Xpeng, both launched around a decade ago, are targeting quarterly profitability this year, while Li Auto has remained profitable since the fourth quarter of 2022. Leapmotor reported its first quarterly profit at the end of 2024. See also: Xiaomi…

Luxeed, the electric vehicle brand formed through a partnership between Huawei and Chery, has delivered its 100,000th vehicle, the company said on Monday, marking a key milestone less than a year after its first model entered the market. The company announced the achievement on Chinese social media platform Weibo, noting it would host a ceremony at its manufacturing plant in Wuhu, Anhui province to commemorate the event. Luxeed is part of Huawei’s Harmony Intelligent Mobility Alliance (HIMA), which also includes other automotive collaborations such as Stelato, Aito, Shangjie, and Maextro. The brand launched its first model, the all-electric Luxeed S7…

BYD’s premium sub-brand Yangwang has commenced production of its ultra-luxury U7 sedan, with the first batch of customer vehicles now off the assembly line. The announcement was made via the brand’s official Weibo account, with customer deliveries expected to begin shortly. The Yangwang U7 was officially launched on March 27 with a starting price of RMB 628,000 ($87,240), notably lower than the RMB 1 million threshold previously mentioned by the company. The vehicle is available in both battery electric (BEV) and plug-in hybrid (PHEV) configurations, and comes in four-seat and five-seat versions. Built on Yangwang’s proprietary e4 technology platform, the…

Li Auto (NASDAQ: LI) provided detailed insight into its product roadmap during its recent earnings call, confirming the launch schedule for its first fully electric SUVs and sharing hints about future sedan ambitions. The company will introduce its first all-electric SUV, the Li i8, in July 2025, followed by the Li i6, a five-seat electric SUV, scheduled for release in September. The Li i8 will be a larger six-seat SUV model, further diversifying Li Auto’s lineup beyond its current extended-range electric SUVs (EREVs)—the Li L6, Li L7, Li L8, and Li L9—as well as its pure electric MPV, the Li…

Chinese battery manufacturer CATL said it has made significant progress in the development of lithium-metal batteries by improving the electrolyte composition, achieving a high energy density of 500 Wh/kg and extending the battery’s service life to 483 cycles. The breakthrough, developed at CATL’s 21C Lab and published in the journal Nature Nanotechnology, is considered a step toward commercialising lithium-metal batteries for use in electric vehicles and aviation. Unlike conventional lithium-ion batteries, lithium-metal batteries replace the graphite anode with lithium metal, resulting in reduced weight and improved energy efficiency, though commercialization has been hindered by issues such as dendrite formation and…

Chinese electric vehicle maker Xpeng suggested on Tuesday it will incorporate Huawei’s head-up display (HUD) technology in an upcoming model, signaling a rare collaboration between the two firms after previous tensions. The company posted a promotional image on Chinese social media platform Weibo showing that one of its new vehicles will use Huawei’s HUD system, which projects data such as range, navigation, vehicle speed, and driver assistance status onto the windshield. See also: Xpeng Files for Regulatory Approval of Next-Gen P7 Sedan, Eyes Mid-Year Launch in China “This industry hasn’t seen any groundbreaking changes in a long time. Change starts…

Chinese electric vehicle maker Nio said it will expand into seven additional European markets over the next two years, deepening its global footprint through a partnership-based distribution model. The company announced Tuesday that it will enter Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania in 2025 and 2026. “We’re working with local distributor partners to make this growth possible,” Nio said in a post on social media platform X. “At the same time, we’re introducing a multi-brand offering with both NIO and Firefly to reach even more users.” See also: Nio Delivers 23,231 Vehicles in May, Up 13%…

Chinese tech giant Huawei and Anhui Jianghuai Automobile Group (JAC) have launched their first luxury sedan under the Maextro brand, stepping into the high-end automotive segment with a model priced to challenge established players like Mercedes-Maybach. Revealed at a launch event on Sunday evening, the Maextro S800 marks the brand’s debut vehicle and is the most premium offering under Huawei’s Harmony Intelligent Mobility Alliance (HIMA). The five-seat battery electric vehicle (BEV) variant starts at RMB 708,000 ($98,330), lower than its pre-sales range of RMB 1 million to RMB 1.5 million, a pricing strategy commonly used in China to surpass consumer…

Dongfeng Nissan, the joint venture between Nissan Motor and Dongfeng Motor, has recorded 17,215 firm orders for its newly launched N7 electric sedan as of May 31, just 35 days after the model debuted, the company said on Weibo. The strong demand marks a rare success for a joint-venture brand in China’s fast-evolving electric vehicle (EV) market. According to a Dongfeng Nissan executive, 96.64% of those orders—13,746 units—have locked in their vehicle configurations, suggesting high purchase intent. The N7 was officially launched on April 27 with five variants, priced between RMB 119,900 and RMB 149,900 ($16,650–$20,820), significantly undercutting many competitors…

Chinese electric vehicle maker BYD has launched pre-sales of its new all-electric mid-size sedan, the Seal 06 EV, as part of an ongoing expansion of its Seal model lineup. The pre-sale was announced on May 31 at the 2025 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show, also known as the Shenzhen auto show. The vehicle is expected to officially launch later in the second quarter. The Seal 06 EV is priced between RMB 120,000 and RMB 150,000 ($16,670–$20,840). The model was first unveiled at the 2025 Shanghai auto show in April and adopts the design language shared by other…

Chinese electric vehicle (EV) makers IM Motors and Leapmotor  have rolled out major price reductions on key models, becoming the first automakers to follow market leader BYD in launching new waves of consumer discounts amid mounting pressure in China’s competitive EV market. IM Motors, the EV arm of state-owned SAIC Motor Corp, announced a limited-time price cut on its LS6 mid-to-large-size electric SUV. The model’s new starting price is RMB 194,900 ($27,180), marking a reduction of RMB 45,000, or 18.76%, from the original guide price of RMB 239,900. With the inclusion of a RMB 15,000 government-backed trade-in subsidy, the effective…

Tensions between two of China’s top automakers flared on Friday after a BYD executive pushed back strongly against comments by Great Wall Motor’s chairman, who described the country’s auto industry as “unhealthy” amid a deepening price war. The public dispute followed remarks from Wei Jianjun, chairman of Great Wall Motor, who last week likened instability in China’s auto sector to the crisis that brought down property giant Evergrande. While he stopped short of naming any companies, his comments sparked investor concerns, sending shares in automakers including BYD, Nio, and Xpeng sharply lower this week. See also: Lebanon’s EV Electra Takes…