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Deutsche Bank expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000

Deutsche Bank has increased its sales forecast for Nio Inc in 2025, following the company's recent earnings call which provided increased visibility. The bank now expects the Nio brand to…

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China EV battery installations in Dec: CATL share at 45.48%, BYD 23.19%

In December, China's power battery installations reached 75.4 GWh, showing a 57.3 percent increase compared to the previous year and…

Porsche deliveries in China fall for 3rd consecutive year, plans to downsize sales outlets

Porsche, the renowned German luxury car brand, has faced a significant decline in deliveries in China in 2024. The company…

Hyundai Inster Cross confirmed for UK at £28,745

Introducing the Hyundai Inster Cross: A Ruggedly Styled Electric City Car The upcoming Hyundai Inster Cross is set to make…

China NEV sales at record 1.596 million in Dec, CAAM data show

China's new energy vehicle (NEV) sales in December 2024 reached a record high of 1.596 million units, marking the fourth…

GAC plans to set up subsidiary dedicated to tie-up with Huawei

GAC Group has announced plans to establish a dedicated subsidiary, codenamed "GH," with a registered capital of RMB 1.5 billion…

New KGM Actyon SUV is 161bhp Skoda Kodiaq rival

The latest addition to the KGM lineup, the Actyon, has made its grand entrance in Europe at the renowned Brussels…

BYD showcases Sealion 07 EV in Japan, launch set for later this year

BYD, a prominent Chinese new energy vehicle (NEV) manufacturer, is set to introduce the Sealion 07 EV into the Japanese…

China-made all-new BMW X3 rolls off production line

China-Made All-New BMW X3 Rolls Off Production Line Shanghai (Gasgoo)- The first China-made all-new BMW X3 has officially been produced…