
Chinese EV Makers Report February Delivery Volumes
With the gradual economic recovery in China following the Spring Festival holiday and the COVID-19 outbreaks, electric vehicle sales showed growth in February.
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With the gradual economic recovery in China following the Spring Festival holiday and the COVID-19 outbreaks, electric vehicle sales showed growth in February.

Chinese EV firm Leapmotor has announced that the launch of the C01, the brand's new pure electric sedan, will be on September 28.

At the HUAWEI Flagship Product Launch on Thursday, an intelligent luxury SUV - AITO M5 - was officially rolled out. The AITO M5 is equipped with the HUAWEI DriveONE electrical system and the HarmonyOS Smart Cockpit.

From August 1st to 6th, the retail sales of new energy vehicles reached 88,000 units, an increase of 38% compared to the same period last year.

Shenzhen-based automaker BYD announced on October 26 that it has opened its first store in Brazil's capital city, co-built with leading domestic auto dealer Saga. Up to now, BYD has established 10 dealerships in Brazil and has obtained franchise rights in 31 of its major cities.

Chinese electric vehicle startup Leapmotor was officially listed in Hong Kong on September 29, with an opening price of HK$41 ($5.22) per share, 14% lower than its issue price of HK$48 ($6.11).

BYD executive denied the news that BYD is going to launch electric motorcycles and electric bicycles.

A new Wuling Asta hybrid vehicle model was released by Chinese automotive firm Wuling Motors on August 25. This model is available in two editions, with suggested retail prices of 99,800 yuan ($14,570) and 109,800 yuan ($16,030) respectively.

In a memo addressed to the entire company, NIO CEO Li Bin mentions that the company plans to reduce approximately 10% of positions, and the specific adjustments will be completed in November.

Lynk & Co, a subsidiary of Geely, announced on Thursday that it would hold a new product launch event for its 01 LYNK E-MOTIVE intelligent electric hybrid at 19:00 on June 10.

On Thursday, the records of an investor survey disclosed by Chongqing Sokon Industry Group, a partner of Huawei's car-manufacturing business, showed that the company will launch pure electric models this year.

Prominent companies such as Li Auto, Xpeng Motors, and BYD are among the initial users of the revolutionary NVIDIA Thor chip.