Li Auto Slashes Prices Across Entire EV Lineup
Behind Li Auto's price reductions lies an intensifying competition in Chinese EV market, which began since the beginning of 2024, following BYD's price reduction.
4/22/20244 min read
Tag: #electric vehicle
Showing 12 of 1789 posts with this tag
China’s EV Maker BYD Wins Chilean Lithium Extraction Contract
Chile awarded two lithium extraction contracts worth a total of $121 million to Chinese EV maker BYD and Chile’s Servicios y Operaciones Mineras del Norte, the minerals ministry said on Wednesday.
1/13/20222 min read
Li Auto Denies Former Huawei Executive Li Wenzhi to Join as CFO
Li Wenzhi, former head of Huawei's global human resources business partner department, reportedly joined Li Auto as CFO. However, the EV maker's founder said that Li joined the company to lead an office for the reform of management and finance, not serve as the CFO.
2/22/20233 min read
BYD Considers Second Factory in India
On October 12, a person familiar with BYD and its operations, suggested that the company's Indian branch has been considering building a second factory in the country and will announce relevant information in due course.
10/13/20223 min read
Tesla's New Megapack Battery Factory in Shanghai Starts Recruiting
Tesla has started recruiting for its new factory in Shanghai, China that will produce Megapack large-scale energy-storage units.
Xiaomi Auto Denies Rumors of Shutdown Due to High Temperatures
Xiaomi denies that the car factory has stopped production due to high temperatures, and is about to carry out a new round of production line optimization and maintenance.
7/3/20243 min read
WeRide Releases New-Generation Automated Driving Sensor Kit WeRide SS 5.0
WeRide, an automated driving technology company, officially released its new-generation automated driving sensor kit WeRide Sensor Suite 5.0 on Tuesday.
6/7/20222 min read
Geely’s Lotus Seeks to Raise $1 Billion for Push into China’s Electric Vehicle Market
Zhejiang Geely Holding Group is planning to raise $1 billion to help Lotus Cars enter China’s vast and growing EV market.
4/15/20212 min read
NEV Market Sees New Round of Price Cuts, With Over 6 Companies Reducing Prices
With the entry of Xiaomi SU7 with a starting price of 215,900 yuan, a new round of "price reduction wave" has started in the new energy market, intensifying competition.
Geely-backed Geometry Releases Pure Electric SUV
Geely's Geometry brand held an event on Thursday to announce the official launch of the Geometry E car model. The new vehicle is available in three versions and is priced at 86,800 - 103,800 yuan ($12,966 - $15,505).
6/30/20222 min read
NIO Secured Official Approval for Independent Car Manufacturing in China
On Monday, the Chinese electric vehicle brand "NIO" obtained official approval from the Chinese authorities for independent car manufacturing.
Geely Completes Firm's First Pure Electric Pickup, the RADAR RD6
RD6, the first mass-produced pure electric pickup model under the RADAR brand owned by Geely, completed production in Shandong Province and opened for pre-sale on September 30.
10/8/20223 min read