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.
Yangwang, the ultra-luxury sub-brand of BYD, will officially launch its flagship U7 luxury sedan on March 27 in Shenzhen, the company announced on Weibo. The model, priced around RMB 1 million ($138,000), will feature advanced technologies, including BYD’s high-end DiSus-Z body control system. See also: BYD’s Yangwang to Launch U7 Luxury Sedan Featuring Advanced Suspension System Yangwang first unveiled the U7 in January 2024 as its flagship new energy sedan. The vehicle appeared in China’s Ministry of Industry and Information Technology (MIIT) regulatory catalog, showing it is powered by four permanent magnet synchronous motors, each with a peak output of…
Huawei’s Harmony Intelligent Mobility Alliance (HIMA) unit announced on Tuesday that cumulative firm orders for the Luxeed R7 coupe SUV have surpassed 80,000 units. Luxeed, a joint brand established by Huawei and Chinese automaker Chery, is one of four brands operating under the HIMA umbrella, alongside Seres Group’s Aito, BAIC Group’s Stelato, and Anhui Jianghuai Automobile Group’s (JAC) Maextro. See also: Huawei and Chery Collaborate on Luxeed R7, the First Coupe SUV under HIMA “The Luxeed R7 has garnered strong consumer interest, with firm orders exceeding 80,000 units,” HIMA said in a statement on Weibo. In China, a firm order…
Honda has officially launched the S7 electric crossover in China, marking a significant step in its expansion within the EV segment. The Honda S7, introduced under the Dongfeng-Honda joint venture, arrives with a starting price of 259,900 yuan (35,840 USD), with its top-tier trim reaching 309,900 yuan (42,740 USD). Competing with the Tesla Model Y, this electric SUV brings a compelling mix of performance, technology, and design innovation to the Chinese market. Design and Dimensions The Honda S7 showcases the brand’s new design philosophy, featuring bold Y-shaped headlights seamlessly integrated with a thin LED strip. A large air intake in…
Incentives for new electric vehicles (EVs) reached their highest level in more than five years in February, averaging 14.8% of the average transaction price (ATP) or approximately $8,162, according to Kelley Blue Book’s latest monthly report from Cox Automotive. The increase reflects a broader effort by automakers to boost demand amid intensifying competition and shifting market conditions. EV incentives remained significantly higher than those for the overall new vehicle market, more than doubling the industry average. A year ago, incentives for EVs stood at 10.2%, meaning they have risen by 44% over the past 12 months. The rising incentives come…
Chinese automaker GAC has officially launched sales of its compact electric car, the Aion UT, in China, slashing its starting price to 69,800 yuan ($9,700) from the initial 89,800 yuan ($12,500) set during pre-sales in January. The Aion UT, marketed domestically as ‘Yingwulong,’ is available in five trim levels with ranges of 330 km and 420 km under China’s CLTC testing cycle. The Aion UT measures 4.27 meters in length with a 2.75-meter wheelbase and features a floating roof design, LED daytime running lights, and C-shaped tail lamps. It comes with either 16-inch or 17-inch wheels, depending on the variant.…
Tesla’s retail sales in China fell in February as seasonal factors and production adjustments impacted deliveries, data from the China Passenger Car Association (CPCA) showed on Monday. The U.S. electric vehicle (EV) maker sold 30,688 vehicles from its Shanghai plant last month, including 3,911 for export. Domestic sales stood at 26,777 units, marking an 11.16% decline from 30,141 a year earlier and a 20.55% drop from January’s 33,703 units, according to CPCA data. See also: Tesla’s Facelifted Model Y Reportedly Garners 200,000 Pre-Orders in China Industry analysts attributed the decline partly to the Chinese New Year holiday, which ran from…
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,”…