Xpeng's two new platforms will see the launch of their respective first models in 2024, complementing the company's lineup in the RMB 100,000 to RMB 400,000 price range.
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In the minds of many Chinese residents, February 25 marks the real start of a new year's work.
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BYD is considering setting up an EV plant in Mexico as it seeks to establish an export hub to the US, Nikkei reported.
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JAC and Huawei will collaborate to build a luxury smart EV that is expected to hit the market in 2025, the automaker said.
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Earlier this week local media reported that Xpeng will launch a sedan codenamed F57 later this year, which will be a notch above the company's current flagship sedan, the P7 series.
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Tesla's share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December.
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Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent.
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At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto said.
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Nio today announced changes to its board of directors, with two people appointed by CYVN Holdings joining and one person appointed by Tencent dropping out.
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In January, China sold 445,000 BEVs, 46.06 percent lower than in December, and 284,000 PHEVs, 21.98 percent lower than in December.
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