Maextro maker JAC Motors hit by huge 2024 losses amid Volkswagen partnership woes
The post Ultra-luxury sedan Maextro’s maker faces significant 2024 losses as Volkswagen venture struggles appeared first on CarNewsChina.com.
Maextro maker JAC Motors hit by huge 2024 losses amid Volkswagen partnership woes
The post Ultra-luxury sedan Maextro’s maker faces significant 2024 losses as Volkswagen venture struggles appeared first on CarNewsChina.com.
Hesai's ATX LiDAR will be used in multiple production models of Leapmotor from 2025 onwards.
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The pre-sales of the 2025 X9 start at RMB 399,800 ($54,500), up 11.12 percent from its predecessor.
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BYD's newly launched Qin L EV, a pure electric mid size sedan, has received 10,089 orders within its first week.
The post BYD Qin L EV received over 10,000 orders a week after the launch appeared first on CarNewsChina.com.
BYD said it expects net income in the first quarter to be between RMB 8.5 billion and RMB 10 billion, a year-on-year increase of 86.04 percent to 118.88 percent.
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CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
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February sales surge 64% yoy as manufacturers pivot to plug-in hybrids and accelerate localization strategies to overcome EU's anti-subsidy duties
The post Chinese automakers forge ahead in Europe despite tariff barriers appeared first on CarNewsChina.com.
About 116,000 vehicles were exported from China to the US in 2024 and were dominated by US-branded models, analysts said.
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