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Nio delivers 23,231 cars in May, up 13% year-on-year
Nio Inc, a prominent player in the electric vehicle (EV) market, experienced a year-on-year increase in deliveries last month, driven primarily by its sub-brands Onvo and Firefly. In May, the…
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Nio Firefly launches BaaS plan, lowering purchase threshold by over 30%
Nio's sub-brand, Firefly, has recently rolled out a new Battery as a Service (BaaS) car purchase plan in China, aimed…
Dongfeng Motor plans to build dedicated auto parts division
Beijing (Gasgoo)- On July 5, Dongfeng Motor Corporation (DFMC) made a significant announcement regarding the launch of an automotive parts…
New energy vehicle projected to account for around 55% of China’s passenger vehicle retail sales in June 2025
China's Passenger Vehicle Retail Sales Expected to Reach 2 Million Units in June 2025 Shanghai (Gasgoo)- According to preliminary data…
BYD’s global model Yuan Plus reaches 1 million sales milestone
BYD (HKG: 1211, OTCMKTS: BYDDY) has achieved a significant milestone with its global model, the Yuan Plus, also known as…
Nio Onvo to begin pre-sales of L90 in early Jul
Nio's sub-brand Onvo is gearing up to launch its flagship electric SUV, the L90, with pre-sales set to begin next…
BYD offering rebates to dealers in China, report says
BYD, a prominent new energy vehicle (NEV) maker, is currently offering rebate subsidies to its dealers in China, amounting to…
Rankings of electrification component suppliers in China (Jan.-Apr. 2025): Market leaders solidify dominance, automakers accelerate vertical integration
The power battery market in China for the period of Jan.-Apr. 2025 is highly concentrated, with the top 10 suppliers…
WeRide has confidentially filed for Hong Kong listing, report says
Chinese autonomous driving technology company WeRide (NASDAQ: WRD) has recently made headlines after confidentially filing for a Hong Kong listing,…