China Auto News @AutoCango
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October NEV Sales Soar: BYD Tops 500,000 Units Sold
October 2024 saw record-setting NEV sales in China, with BYD, Li Auto, Leapmotor, and others achieving substantial growth. Traditional automakers also reported new highs, highlighting a booming market.
China Auto Daily丨China New Energy Vehicle Sales Surge in October with BYD and Li Auto Leading
October saw significant growth in new energy vehicle (NEV) deliveries, with Leapmotor, BYD, Li Auto, Xpeng, NIO, and Xiaomi all reporting record figures. Meanwhile, the second-hand car market shows robust growth, projecting an annual transaction value of ¥1.3 trillion.
China Auto Daily丨BYD Reports Robust Q3 Profit; Eyes Europe Expansion
From October 1-27, China passenger vehicle market saw a 9% year-on-year increase in retail sales. Meanwhile, BYD and Li Auto posted strong third-quarter financial results, with BYD making moves to expand in Europe and BAIC planning a new factory in Egypt.
China Auto Daily丨EU Imposes Five-Year Subsidy Tariffs on Chinese Electric Vehicles
The European Union has finalized a five-year subsidy tariff on Chinese electric vehicles. Meanwhile, Xiaomi's SU7 achieved 20,000 deliveries in October, and Audi launched its new 2024 A6 Avant/allroad versions.
Xiaomi SU7 Ultra Sets Nürburgring Record for Fastest Four-Door Vehicle
Xiaomi's SU7 Ultra prototype car, driven by David Pittard, set a new Nürburgring Nordschleife lap record for four-door cars with a time of 6 minutes and 46.874 seconds.
NIO ET9, Denza N9, and BYD Xia Unveiled by MIIT
China's MIIT showcases several high-profile car models including the NIO ET9, Denza N9, and BYD Xia. These vehicles highlight advanced technology, luxury features, and market competitiveness.
China Auto Daily丨IM Motors: Preparing for L3 Autonomous Driving by 2026
Shenzhen establishes its Intelligent Connected Transportation Association, while key industry players, including IM Motors and Changan Automobile, announce updates on autonomous driving technologies and financial performances. Smart #5, equipped with advanced AI chips, hits the market.
China Auto Daily丨China Exports 4.69 Million Cars from January to September 2024
China exported 4.69 million cars from January to September 2024, marking a 26% increase. Xpeng Motors begins constructing a new flying car plant, while Changan Mazda launches the MAZDA EZ-6 and Geely releases China Star's new models.
XPENG AEROHT's Advanced Flying Car Manufacturing Plant is Under Construction
XPENG AEROHT has initiated the construction of the world's first mass-production flying car factory in Guangzhou. Covering 180,000 square meters, the facility targets an annual production capacity of 10,000 units of the "Land Aircraft."
BYD SHARK Launches in Brazil; Targets Top Five in Sales
BYD introduces its new SHARK pickup in Brazil, priced at ¥474,300. This large, powerful vehicle expects annual sales between 10,000 and 15,000 units, aiming for the top five in Brazil's mid-size pickup market.
China Auto Daily丨Horizon Robotics Makes a Strong Debut on Hong Kong Stock Exchange
China’s passenger car market is expected to hit 2.2 million units in October. CATL launches 400km Freevoy Super Hybrid Battery, Horizon Robotics debuts on Hong Kong Stock Exchange, and WeRide resumes its US IPO plans.
Revolutionary Zeekr Mix EV: Spacious, Tech-Loaded, and Family-Friendly
The new Zeekr Mix, priced between 279,900 and 299,900 yuan, redefines tech-savvy family EVs with its MPV look, sliding doors, and advanced features. Built on the SEA-M architecture, it offers a spacious, adaptable, and secure ride.
China Auto Daily丨XPeng Enters UAE Market
From October 1-20, China’s passenger car market saw a 16% year-on-year increase with 1.264 million units sold. Meanwhile, BYD and OPPO announced a strategic partnership, Zeekr and WAYMO to begin mass delivery of autonomous vehicles, XPeng marked new milestones by entering the UAE Market, and Zeekr MIX officially launched.
Seal 06 GT: BYD's First Affordable GT for Young Drivers
On October 18, BYD launched the Seal 06 GT, an all-electric midsize sedan priced between 136,800 and 186,800 yuan. This GT model aims to be the first choice for young drivers, boasting impressive features and advanced technology.
Changan Unveils Versatile Qiyuan E07 Starting at 199,900 Yuan
Changan launched the Nevo E07, also known as Qiyuan E07, featuring multi-purpose transformability, intelligent driving assistance, and both range-extended and pure electric powertrains.
China Auto Daily丨BYD Makes Strides in Self-Driving Tech
China's passenger car inventory saw a lift in September. Didi Auto received nearly $300 million in funding, BYD integrated its autonomous driving teams, and XPeng completed a manned test flight of its "Land Aircraft Carrier."
China Auto Daily丨Changan, Unicom and Huawei co-built the Changan Digital Intelligent Factory
September saw a stronger demand for high-end vehicles in China, while the global electric vehicle August sales soared. Changan's new digital factory began operations, and KG Mobility signed a partnership with Chery for future mobility technologies.
China Auto Daily丨BYD Seal 06GT Hits the Market, Starting at 136,800 Yuan
Chery, Changan, and BYD showcased their latest advancements in battery and engine technologies, with Chery revealing plans for all-solid-state batteries by 2027 and BYD launching the Seal 06GT featuring rapid charging technology.
China Auto Daily丨MIIT Forecasts Major Breakthroughs in Advanced Autonomous Driving in China
At the World Intelligent Connected Vehicles Conference, industry leaders discussed advancements in autonomous driving and smart vehicle technology, highlighting new standards and upcoming innovations.
Voyah Zhiyin SUV Launched: 15,000 Pre-sale Orders
Voyah launched its all-electric Zhiyin SUV at a starting price of 179,900 yuan, with impressive pre-sale orders and advanced features like an 800V platform and 5C fast charging.
WeRide's New GXR Robotaxi: Spacious, Safe, and High-Tech
WeRide launched its new GXR Robotaxi, featuring an L4 autonomous driving system and spacious design. With ongoing global expansion, WeRide is seeking a US stock listing valued at $5 billion.
Zeekr and Deepal Drive Global Expansion into Australian Market
Zeekr and Changan Deepal are expanding into the Australian NEV market, offering premium electric vehicles and comprehensive services.
China Auto Daily丨Hong Kong Invests HKD 750 Million in Electric Vehicle Development
Early October saw a 20% surge in passenger car sales. Hong Kong commits HKD 750 million to EV development, while China advances in autonomous driving and lithium-ion battery production.
BYD, Hongqi, Xpeng, and More Showcase at Paris Motor Show
The 2024 Paris Motor Show saw a significant increase in exhibitors, particularly Chinese automakers showcasing their latest NEV and AI innovations.
China Auto Daily丨Li Auto’s One Millionth Vehicle Rolls Off the Assembly Line
September saw record-high global NEV sales, significant pickup truck sales growth in China, Li Auto reaching a notable milestone, and Avatr unveiling its high-end extended range sedan.
China Auto Daily丨Chinese Brands Shine at the 2024 Paris Motor Show
China's used car transactions and automotive exports show robust growth in 2024. Highlighted are new model launches and international expansion strategies of Chinese brands at the Paris Motor Show and beyond.
News Flash丨Zeekr Launches Zeekr 001 in Brazil, Starting at 428,000 BRL
Zeekr launches Zeekr 001 in Brazil at 428,000 BRL and plans to open its first store in São Paulo by December.
China Auto Daily丨BYD Plans to Launch Electric Vehicle Models Priced Between 25,000 and 30,000 Euros in Germany
China's CAAM reports a substantial increase in September NEV production and sales. Besides, September vehicles price drops. BYD plans to launch electric vehicle models priced between 25,000 and 30,000 Euros in Germany. Voyah Courage officially launched, and Avatr 07 accumulates over 25,000 firm orders till now.
China Auto Daily丨Tesla Rolls Out 3 Millionth Car from Shanghai Gigafactory
China's auto industry sees significant developments: expected growth in used car transactions, NAVINFO's role in smart driving infrastructure, and Tesla’s latest production milestone and new launches.
Xpeng P7+: World’s First AI Car Unveiled
Xpeng unveils the world-first AI car, the P7+, featuring advanced AI technology like the AI Eagle Eye Vision Solution and AI Tianji System.