China Auto News @AutoCango
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China Auto Daily丨 The Exeed Sterra ET Extended Range AWD Hit the Market
The Exeed Sterra ET Extended Range AWD enters the market at a starting price of 239,800 yuan; FAW Hongqi joins CATL’s battery swapping alliance; BYD's Xi'an factory exceeds one million annual capacity for the first time; XPENG AEROHT aims to have users "take flight" by 2026.
News Flash丨BYD Launches Five Electric Models in Peru
BYD launched five flagship electric vehicle models in Peru, partnering with Motorsya to promote electrification. The company plans to open 6-7 stores by 2025.
News Flash丨Xiaomi Auto to Commences Global Expansion
Xiaomi Automobile ramps up its overseas expansion efforts, establishing a new team to test and prepare for international vehicle sales. The SU7 model will be sold via Xiaomi Home stores.
Goldman Sachs Predicts Xiaomi YU7 to Lead High-End SUV Market
Goldman Sachs anticipates Xiaomi YU7, set to launch mid-year, becoming China's top high-end new energy SUV. The SUV's specs reveal considerable promise, placing it against rivals like Tesla Model Y.
China Auto Daily丨 Seres Eyeing Hong Kong Listing, Potential $1 Billion Raise
Seres mulls a Hong Kong listing to raise over $1 billion. NIO Chairman William Li predicts sales doubling next year. Haitong Taicang RORO Terminal begins operations, exporting over 3,300 vehicles.
China Auto Daily丨Volvo Celebrates 500,000th Vehicle Milestone at Daqing Plant
China's vehicle sales rose 11.7% year-on-year in November, while new energy vehicle sales grew by 47.4%, according to the China Association of Automobile Manufacturers (CAAM). Pony.ai and GAC Aion are set to launch a mass production Robotaxi platform in 2025. Volvo's Daqing plant rolls out its 500,000th vehicle, and Tesla Cybertruck completes energy consumption declaration in China.
New Off-Road Titanium 3 SUV by Fang Cheng Bao to Launch in H1 2025
BYD-backed Fang Cheng Bao unveils the new "Titanium" series with its first model, Titanium 3. This off-road-focused SUV targets the family market, featuring dual-motor AWD and advanced technology systems.
China Auto Daily丨Chinese Auto Parts Exports Increase by 8.12% YoY
China’s auto exports reached 762.97 billion yuan, a year-on-year increase of 16.9% in the first 11 months. Changan introduces the new C798 model, and CATL partners with Stellantis for a 4.1 billion euro battery factory.
Flash News丨Geely's Zeekr Launches Two Premier Models in Malaysia
Geely's Zeekr has introduced the Zeekr 009 MPV and Zeekr X in Malaysia, priced at 349,800 and 155,800 ringgit, respectively. Deliveries begin mid-December with six stores established for sales and service coverage.
China Auto Daily丨Used Car Transactions in China Rise by 6.37% in October
In October, China's used car market saw a 6.37% year-on-year rise. Xiaomi plans to launch the YU7 SUV next year, and NIO's ET9 received China's first steer-by-wire production permit.
Xpeng Unveils X9 Electric MPV in Thailand at 2.79 Million Baht
Xpeng's X9 pure electric MPV has been launched in Thailand at 2.79 million baht. The company aims to expand to over 60 countries by 2025, without plans for local manufacturing in Thailand.
China Auto Daily丨Tesla New Model to Be Launched in the First Half of 2025
GAC International inaugurated its Brazil office, Xiaomi plans to launch a range-extended SUV, Foton Motor reports a 35.35% year-on-year increase in EV sales, Tesla announces a new model for 2025, and China is projected to lead the flying car market by 2050.
Geely's NEV Sales Surge by 60.6% in November
Geely's sales volume for November reached a record 355,000 units, with NEV sales up 60.6% year-on-year. The group's cumulative January-November sales exceeded 3 million units.
China Auto Daily丨NIO Energy Wuhan Manufacturing Center to Build 1,500 Battery Swap Stations in 2025
Shenyang aims to become the leading city for methanol vehicles with new policies, while significant developments are also seen in Jinbei and Farizon's collaborations, Tesla Wuxi's deliveries, and NIO Energy Wuhan's battery swap stations.
Tank 500 Hi4-Z Pre-sale Garners 6,000 Orders in 24 Hours
Great Wall's Tank brand initiated the pre-sale of the new Tank 500 Hi4-Z, swiftly attracting 6,000 firm orders within 24 hours. The Tank 500 Hi4-Z, a mid-to-large luxury off-road SUV, combines cutting-edge design with powerful performance characteristics.
News Flash丨NIO and Mastercard Sign Strategic Cooperation Agreement
NIO and Mastercard sign strategic agreement to collaborate on payment innovation, user services, and global market expansion, boosting NIO stock by 3%.
Foton Motor Debuts New Products, Launches "IECO" Brand
Foton Motor unveiled its "IECO" full-domain smart ecosystem brand and introduced new products at the Foton Motor Global Partner Conference 2024.
BYD Brazil Factory Set to Create 20,000 Jobs by 2026
BYD's Brazil factory to start NEV production in March 2025, with plans for 20,000 jobs by 2026 and a significant investment in production capacity and technological research.
China Auto Daily丨 Saudi Aramco Acquires 10% Stake in Renault-Geely Venture
China's vehicle retail hits 2.446 million, a significant 18% rise in November, as the new energy vehicle market continues to grow.
Chinese NEV Startups See Record-Breaking November Deliveries
Chinese NEV startups experienced a record-breaking month in November, with total deliveries surpassing 40,000 units. Li Auto led the charge, while Aion, Leapmotor, and others also saw significant increases.
China Auto Daily丨 Changan Automobile: 21.98% Year-on-Year Increase in November Vehicle Sales
Changan Automobile reports a 21.98% increase in November sales; BYD plans to expand its workforce in Brazil; Zeekr and Lynk & Co. integrate to form Zeekr Technology Group; China’s Ministry of Transport promotes autonomous vehicle and drone applications.
China Auto Daily丨 Chery Recorded Monthly High in November Sales
Chinese brands achieved 2.16 million overseas sales from January-October 2024, while global NEV sales are forecasted to grow by 24.8% in 2024.
BYD Sets New Record: 506,804 Units Sold in November
BYD achieved record-high sales in November 2024, selling 506,804 units, a 67.2% increase from last year.
China Auto Daily丨Shenzhen Achieves 75.9% EV Penetration
In 2024, China continues to dominate the global EV market, holding a 69% share from January to October. Shenzhen's EV penetration reached 75.9%, while Leapmotor and Xpeng achieved record sales in November.
China Auto Daily丨 FAW-Volkswagen Hits 20 Million Vehicle Milestone
FAW-Volkswagen unveils its 20 millionth vehicle, Pony.ai IPO garners $4.52 billion, and Xinjiang's Khorgos port sees a rise in new energy vehicle exports. Huawei and JAC’s Maextro S800 received over 2,000 pre-orders. Sichuan Tianfu to promote low altitude economic.
NIO’s Third Brand Spy Shots Show Details, Set to Launch Next Month
NIO's new Firefly model will debut on December 21st, targeting the compact EV market with a price range of 100,000 to 200,000 yuan, and will expand to Europe.
BYD Launches Sealion 07EV in Norway
BYD has launched the Sealion 07EV in Norway, with pre-sale prices starting at £45,000. The model, featuring advanced technology and a robust powertrain, aims to expand BYD's market presence in Europe.
China Auto Daily丨 Shanghai to Host National Auto Chip Quality Center
On November 27, the Shanghai Motor Vehicle Testing and Certification Technology Research Center received approval to establish a national automotive chip quality inspection center. Also, the passenger car market saw significant growth, and Geely was recognized as a 'Zero-Waste Enterprise.'
Huawei and JAC Reveal Million-Yuan Maextro S800 Pricing Between 1-1.5M Yuan
Huawei unveiled the Maextro S800, a luxury executive sedan priced between 1-1.5 million yuan, featuring advanced intelligent driving and luxury interiors.
Bestune T90 Unveiled in Dubai: A New Benchmark in Family-Smart SUVs
The Bestune T90, a high-tech mid-size SUV, was recently unveiled at Dubai Autodrome, showcasing its advanced technology and exceptional driving experience. The launch event featured interactive displays and test drives, impressing industry leaders and media representatives.