Industry News

BYD confirmed a minor fire at its Pingshan campus multi-story car park for test & scrapped vehicles. Fire extinguished, no casualties.

Nio ES9 launches with BaaS from ¥420,000, featuring one-click privacy, in-car tea ceremony, and foot spa. Redefining luxury EV comfort.

Nio’s upcoming ES9 flagship SUV aims to redefine the ultra-luxury EV segment in China, challenging global premium brands and setting a new industry benchmark.

Nio is set to launch its high-end ‘9-series’ SUV, strategically positioned to boost profitability and redefine its premium market presence in China’s EV sector.

BYD executive Lian Yubo states the NEV market is in a ‘stalemate,’ emphasizing tech innovation as the only safe growth path amid fierce competition.

NIO CEO William Li warns rapid EV iteration leads to “growth without revenue, revenue without profit,” highlighting challenges for Chinese and global automakers.

Nio CEO Li Bin highlights rapid EV model iteration as a major hurdle for revenue growth and profitability in China’s competitive electric vehicle market.

NIO CEO William Li reiterates long-term focus on automotive business, signaling commitment to core EV development amidst intense market competition.

GWM launches “1933 Sentinel” EV series in Changsha, combining robust engineering with a unique national heritage theme to challenge the competitive EV market.

NIO’s ES9 SUV entry fuels intense competition in China’s premium ‘9 Series’ EV segment, as domestic brands vie for high-end market dominance.

Huawei’s HIMA alliance reportedly demands a 20 billion yuan semi-annual investment from EV partners like Seres and Chery, sparking debate on cost-benefit.