Author: Jackson Han
Jackson Han has been covering the China electric vehicle industry for EVMagz.com since becoming a reporter in 2020, focusing on Chinese EV manufacturers, battery technology, charging infrastructure, and smart mobility development across China’s major automotive and technology hubs.
The UK government has announced £40.8 million (€48.5 million) in funding to install 16,000 new public electric vehicle (EV) chargers across 13 local authorities in the Midlands, aiming to support drivers without private parking. The investment, part of the Local EV Infrastructure (LEVI) scheme, will benefit local councils in Lincolnshire, Worcestershire, Nottinghamshire, Warwickshire, and other areas. See also: Ionity Opens Largest UK Charging Hub at DoubleTree by Hilton Dartford Bridge Midlands Connect, a regional transport initiative, noted that around 31% of residents in the region lack off-street parking, making public charging expansion essential for EV adoption. “Making charging as seamless…
BYD to Launch 1000V High-Voltage Platform in March, Promising 300 km Charge in 5 Minutes – Report
BYD will launch its 1000V high-voltage charging platform in mid-March, with plans to introduce the technology to updated 2025 models and expand ultra-fast charging infrastructure, local media reported. According to Auto Pixel, BYD’s new platform will support charging speeds exceeding 5C, allowing vehicles to gain 300 km of range in just five minutes. The rollout will begin with the company’s high-end models, including the Dynasty series. “The Han L and Tang L, which were teased in January, are expected to be among the first to adopt the 1000V charging technology,” the report stated. See also: Updated BYD Atto 3 Debuts…
BYD has introduced the refreshed Atto 3 electric crossover in China, with a starting price of 115,800 yuan ($15,940), making it 1,000 yuan ($140) cheaper than the previous model. The updated vehicle features a revised design, an advanced God’s Eye C (DiPilot 100) driver-assistance system, and a built-in refrigerator. Known as the Yuan Plus in China and select global markets, the Atto 3 has faced increased competition, leading to a decline in domestic sales. BYD delivered 275,233 units last year, an 11.1% drop from 2023. See also: BYD Executive Open to Cooperation with Tesla to Promote EV Adoption In response,…
Hyundai Motor Group Launches Energy Hydrogen Business Division to Strengthen Hydrogen Ecosystem
Hyundai Motor Group has launched a new Energy Hydrogen Business Division, a strategic move aimed at advancing its hydrogen energy initiatives and strengthening the global hydrogen ecosystem, the company announced. The new division will operate under the Planning and Coordination Office and serve as a control tower for hydrogen-related business activities across Hyundai’s subsidiaries, focusing on hydrogen production, storage, and transportation. The establishment of this division reflects Hyundai’s commitment to expanding its hydrogen energy business beyond the development of hydrogen fuel cell vehicles (FCEVs). The company has appointed Ken Ramirez, a vice president who joined Hyundai in 2021 from PSA…
Didi Global Inc is seeking fresh capital for its autonomous driving unit, aiming for a valuation of around $5 billion, Bloomberg reported, citing people familiar with the matter. The fundraising effort comes as Chinese technology firms benefit from renewed investor interest in artificial intelligence and self-driving technologies. See also: Valeo Partners with Didi Autonomous Driving to Develop Safety Solutions for L4 Robotaxis Didi Autonomous Driving is in discussions with potential investors, including a Beijing-based fund, to raise several hundred million dollars, Bloomberg reported. The proceeds could be used to advance autonomous driving technology and accelerate mass production of its robotaxi.…
Chinese automaker BYD and drone manufacturer DJI have launched a vehicle-mounted drone system, aiming to transform vehicles into mobile entertainment hubs, the companies said on Monday. The system, named Ling Yuan, integrates a drone with the vehicle, allowing it to capture travel moments from a vertical perspective. It consists of a drone hangar, a drone, an onboard positioning module, and BYD’s Ling Yuan App, which includes AI recognition, image, and music editing software. See also: BYD Seeks to Raise $5.2 Billion in Hong Kong Share Placement “The Ling Yuan system is aimed at making the car more fun to drive,”…
Xiaomi has started deliveries of its high-performance SU7 Ultra electric sedan, with demand for the vehicle significantly exceeding the company’s initial projections. Xiaomi EV, the electric vehicle division of the Chinese tech giant, announced on Weibo that the first SU7 Ultra units were handed over to customers at its Beijing factory on Saturday. The company officially launched the performance variant on February 27, based on the standard SU7 but with a maximum output of 1,548 Ps. See also: Xiaomi Officially Launches SU7 Ultra with 35% Price Cut from Initial Pre-Sale Priced at RMB 529,900 ($72,750), the SU7 Ultra is RMB…
Swedish electric vehicle (EV) maker Polestar has denied reports that it is withdrawing from the Chinese market, despite ongoing restructuring efforts and workforce reductions. The company affirmed that its joint venture with Meizu remains operational and stated that customer services and shareholder support remain unaffected. See also: Polestar Secures $450 Million Loan, Delays Q4 Results Amid Financial Challenges Local media reports indicate that Polestar Technology’s Nanjing headquarters has been undergoing substantial downsizing since February. Senior executives and employees are expected to depart by mid-March, while approximately 50 staff members in sales and operations were reportedly laid off after the Lunar…
Li Auto Expands Charging Network, Surpasses 10,000 Superchargers Ahead of BEV Expansion
Li Auto has surpassed 10,000 operational superchargers as it accelerates infrastructure expansion in preparation for the launch of new battery electric vehicle (BEV) models, the company announced on Friday. The Chinese automaker activated its 1,873rd supercharging station, bringing its total number of superchargers to over 10,000, nearly two years after opening its first station in April 2023. “This milestone reinforces our commitment to alleviating charging concerns for BEV owners,” said Li Xiang, the company’s founder, chairman, and CEO. See also: Li Auto to Introduce Smart-Driving Upgrades in May, No 2025 Model-Year Refresh Li Auto’s superchargers come in 2C, 4C, and…
Zeekr Group’s February Deliveries Decline 25.56% From January as Lynk & Co Slips, Zeekr Brand Expands
Zeekr Group reported a sequential decline in vehicle deliveries for February, with 31,277 units delivered, marking a 50.96% increase from a year earlier but a 25.56% drop from January’s 42,019 units. The decline was primarily driven by a slowdown in Lynk & Co’s performance, while the Zeekr brand recorded growth. The Zeekr brand delivered 14,039 vehicles in February, reflecting an 86.94% year-on-year increase and a 17.56% rise from January. See also: Zeekr 007 GT Makes Real-Life Debut, with 825 km Range and 800V Charging In contrast, Lynk & Co’s February deliveries totaled 17,238 units, up 30.50% year-on-year but down 42.69%…
Xpeng maintained strong vehicle deliveries in February despite the traditionally slow start to the year for China’s auto market, the company said. Xpeng delivered 30,453 vehicles last month, marking a 570% surge from 4,545 units a year earlier and remaining steady from 30,350 deliveries in January. Total deliveries for the first two months of 2025 reached 60,803, up 375% from the same period last year. See also: Xpeng to Launch Mona M03 Max With Enhanced Smart Driving in May The surge was primarily driven by the Mona M03 and P7+ electric sedans. Mona M03 deliveries surpassed 15,000 units for the…
Xiaomi SU7 Ultra Surpasses Full-Year Sales Target in Just Two Hours Amid Strong Demand
Xiaomi’s SU7 Ultra, an ultra-performance electric sedan, hit its full-year sales target within two hours of launch, highlighting the company’s ability to generate strong consumer interest in its high-performance EVs. The rapid surge in orders reinforces Xiaomi’s ambitious push into the electric vehicle market, where it aims to challenge established luxury brands. “Two hours into sales, firm orders over 10,000 units, reaching a key goal, thanks to everyone!” Xiaomi’s automotive division, Xiaomi EV, announced on Weibo early Friday morning Beijing time. The immediate demand reflects the growing appeal of Xiaomi’s EV lineup, following the success of the standard SU7 sedan…