Author: Jackson Han

Svolt Energy plans to start volume deliveries of its first-generation semi-solid-state batteries in 2026, marking its entry into a segment that several Chinese manufacturers are now preparing to commercialise. Chairman and CEO Yang Hongxin announced the timeline at the 2025 World Power Battery Conference on 12 November, saying the new cells will move into C-sample batch trial production soon following completion of development. See also: Sunwoda Unveils New Generation Solid-State Battery With 400 Wh/kg Energy Density The first-generation square cells feature an energy density of 270 Wh/kg and have already secured orders from a major European EV brand, according to…

Li Auto said it will publish its unaudited third-quarter 2025 financial results before U.S. markets open on November 26, with company executives scheduled to hold an earnings call at 7:00 a.m. Eastern Time the same day, or 8:00 p.m. in Beijing. The automaker delivered 93,211 vehicles during the quarter, in line with its guidance of 90,000 to 95,000 units. However, shipments fell 39% from a year earlier and declined 16% from the second quarter, extending what has been a weak sales trajectory throughout 2025. Li Auto previously forecast third-quarter revenue of RMB 24.8 billion to RMB 26.2 billion, indicating a…

IM Motors, the electric vehicle subsidiary of SAIC Motor, has officially launched the IM LS9, a large six-seat extended-range SUV (EREV), further expanding its lineup of hybrid models designed for China’s growing high-end EV market. The IM LS9 is available in two versions — 52 Ultra and 66 Ultra — priced at RMB 322,800 ($45,360) and RMB 352,800, respectively, both lowered by RMB 14,000 from their pre-sale prices. Deliveries for the new model will begin later this month, with the automaker planning to introduce a high-performance IM LS9 Hyper variant in the first quarter of 2026. The six-seat SUV measures…

Hesai Technology raised its full-year net profit forecast to between RMB 350 million and RMB 450 million ($49 million–$63 million) after reporting record third-quarter earnings and achieving GAAP profitability one quarter ahead of schedule. The lidar manufacturer reported unaudited third-quarter revenue of RMB 800 million ($110 million), up 47.5% year-on-year, marking its sixth consecutive quarter of growth. Gross margin remained steady at 42%, while operating expenses fell 23% from a year earlier. Net profit for the quarter reached RMB 260 million ($36 million), pushing cumulative profits for the first three quarters to RMB 280 million ($40 million). See also: Hesai…

Hesai Technology has entered into an exclusive agreement to supply lidar systems for Li Auto’s next-generation advanced driver-assistance system (ADAS) platform. The collaboration will cover all vehicle series, including the L Series, i Series, and MEGA models, making Hesai the sole lidar supplier for Li Auto’s upcoming intelligent driving systems. The agreement builds on a four-year partnership between the two companies, which began in 2021 to develop and deploy automotive-grade lidar solutions for mass production. Li Auto, which had delivered over 1.46 million vehicles as of October 2025, began including lidar as standard equipment across all new models starting in…

Luxeed, the premium new energy vehicle (NEV) brand jointly developed by Chery and Harmony Intelligent Mobility Alliance (HIMA), announced that cumulative deliveries of its R7 coupe SUV have exceeded 100,000 units since its market debut on August 25, 2025. Priced between 249,800 yuan and 309,800 yuan, the R7 is available in three trims — Max, Max+, and Ultra. The vehicle adopts Luxeed’s OneBox design language, combining aerodynamic efficiency with an elegant, sporty appearance. See also: Chery Launches Luxeed R7 Max RWD and Ultra AWD as New Extended-Range Electric Vehicles Exterior features include color options such as Aurora Green, blacked-out badges,…

China’s passenger new energy vehicle (NEV) market continued to expand in October, with retail sales reaching 1.282 million units, up 7.3 percent year-on-year, though down 1.3 percent from September, according to data from the China Passenger Car Association (CPCA). Battery electric vehicles (BEVs) were the primary growth driver, posting retail sales of 812,000 units in October, a 20.4 percent increase year-on-year but a 2.5 percent decline from September. BEVs represented 63.3 percent of total NEV retail sales, slightly lower than September’s 63.7 percent. See also: China’s Auto Exports Hit $112.8 Billion in First Ten Months of 2025 Hybrid vehicles, including…

Tesla recorded its lowest monthly delivery figures in China in three years in October, as demand for the new six-seat Model Y L slowed and more vehicles were diverted for export, according to data from the China Passenger Car Association (CPCA). The U.S. electric vehicle maker sold 26,006 vehicles at retail in China last month, down 35.76% from 40,485 units a year earlier and 63.64% lower than September’s 71,525 vehicles. It was the lowest figure since November 2022, the CPCA said. The sharp decline follows a temporary boost in sales from the launch of the Model Y L, which Tesla…

At the 2025 Tokyo Motor Show, BYD underscored its continued commitment to lithium iron phosphate (LFP) battery technology, emphasizing safety and reliability as key priorities for the Chinese electric vehicle (EV) market, according to IT-home. Li Yunfei, General Manager of Brand and Public Relations at BYD, highlighted that China leads global EV battery growth with abundant resources, extensive research capabilities, and a robust industrial base. See also: Ford Sees LFP Batteries as Long-Term Pillar With Michigan Plant While acknowledging the potential of solid-state batteries, he noted that current LFP and ternary lithium technologies are well-established and supported by comprehensive charging…

Nio’s Firefly electric vehicle will not adopt CATL’s battery swap network, instead relying on Nio’s fifth-generation swap stations, CEO William Li said. Li made the comments at a Nio owner event in Changzhou, Jiangsu province, with videos shared by automotive bloggers including @电动兄弟 and @德卤爱开车. He explained that CATL’s air-cooled battery packs are primarily aimed at the ride-hailing market, while Firefly uses liquid-cooled packs that provide better safety and more consistent performance across low and high temperatures. This approach contrasts with prior announcements detailing Nio’s collaboration with CATL. In March, the two companies signed an agreement to create the world’s…

Geely has released updated specifications for its upcoming Galaxy Starshine 7 plug-in hybrid electric vehicle (PHEV) following its inclusion in China’s MIIT “23rd Batch of New Energy Vehicles Eligible for Vehicle Purchase Tax Reduction.” The Starshine 7 will offer two lithium-iron-phosphate (LFP) battery options: an 18.99 kWh pack providing 115–120 km of pure electric range and a 28.3 kWh pack rated for up to 165 km on the CLTC cycle. The model is expected to debut in China later this year. See also: Geely Galaxy Launches Starshine 6 Hybrid Sedan with Aggressive Pricing to Boost Market Share The vehicle retains…

China’s automotive sector recorded 798.39 billion yuan ($112.8 billion) in exports during the first ten months of 2025, marking a 14.3% year-on-year increase, according to data from the General Administration of Customs, reported by IT-Home. The figures highlight the continued expansion of Chinese vehicle shipments despite broader global trade slowing. During the same period, China’s total goods exports reached 22.12 trillion yuan ($3.12 trillion), up 6.2%, while imports stood at 15.19 trillion yuan ($2.14 trillion), roughly unchanged from a year earlier. Vehicles were among the strongest contributors to export growth, outperforming the broader manufacturing average, with mechanical and electrical products…