HiPhi began production halt on February 18 -- the first working day after the Chinese New Year holiday -- sparking fears about its fate.
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More EV makers are betting that the shooting brake style will become a new trend in China.
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Production of the Polestar 3 has begun in Chengdu, China, with additional production expected to begin in the US in mid-2024, Polestar said.
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Saloon unveiled the Mecha Dragon at the Guangzhou auto show in November 2021, but no new developments on the all-electric sedan have been released since.
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Arcfox has shipped vehicles to several countries and will accelerate its overseas sales and service network this year, it said.
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China's off-road NEV market has a lot of room to grow, with steady-state monthly sales of the Tank 700 Hi4-T expected to reach 3,000 units, analysts say.
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The L7, IM Motors' first model, has been updated with its starting price cut by RMB 38,900, or 11.5 percent.
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IM Motors CEO said the company's fifth model will be an EREV, set to become the latest after Avatr to look to gasoline engines to boost sales.
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Lotus Technology has a market capitalization of $9.3 billion, higher than Xpeng's $8.1 billion and slightly lower than Nio's $11.2 billion.
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China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.
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