BYD’s January share of China’s NEV market was lower than its December 2024 share of 31.0 percent.
In the overall passenger car market, which includes conventional internal combustion engine vehicles, Geely ranked first with a 13.4 percent share, ahead of BYD’s 11.2 percent.
The German car subscription provider Finn has announced the conclusion of a new ABS (asset-backed security) financing programme worth up to one billion euros. The debt capital will enable Finn to further expand its fleet – also outside Germany. Read more…
The Galaxy L6 EM-i is powered by Geely’s Leishen EM-i hybrid system, and its main competitor is the BYD Qin L DM-i.
Geely is offering a limited-time RMB 3,000 discount on the Galaxy L6 EM-i, bringing the starting price down from RMB 89,800 to RMB 79,800.
Solaris has delivered the first 37 hydrogen buses to Bologna and Ferrara, Italy. The remaining 100 Urbino 1 hydrogen buses will be handed over to transport operator TPER by the end of next year. Read more…
The Mona M03 Max will feature the industry’s top autonomous driving technology, Xpeng CEO said.
Xpeng will build a $20,000 top-of-the-line smart driving product, he said.
Austrian supplier Magna and Mercedes-Benz have expanded their long-term ‘innovation partnership.’ As a result, Magna announced that the electric drive for the all-electric G-Class has been in production in Lannach, Austria, since last year. Read more…
Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest shareholder to distance itself from the ailing battery manufacturer. Read more…
Mercedes-Benz is recalling 7,362 units of the EQB in the US that were built between 13 December 2021 and 23 January 2025. The reason is the risk of a vehicle fire caused by the high-voltage battery. Recalls in other countries could soon follow. Read more…
BYD has accumulated a 25.7 percent rise to a new high since July 2022 in the past six trading days.
Another automotive industry chain player in the RMB trillion club is CATL with a market cap of RMB 1.12 trillion.
Chinese battery maker CATL has filed for a listing on Hong Kong’s stock exchange. It expects to raise five billion dollars, making it the largest listing in the city in four years. Part of the money will be used to build CATL’s planned factory in Hungary. Read more…
Ford refreshed the Maverick pickup truck for 2025 The updated Maverick can pair the hybrid powertrain with all-wheel drive The 2025 Ford Maverick is on sale now and costs $28,590 The Ford Maverick compact pickup truck has impressed with its fuel efficiency and capability, but customers wanting all-wheel drive have had to opt for non-hybrid models… Read more…
The new Audi Q4 E-Tron 40 comes with a 63 kWh battery pack. Read more…
Dongfeng Nissan said the N7 has integrated DeepSeek, the first joint venture carmaker in China to do so.
The N7 made its global debut at the Guangzhou auto show in November 2024.
The Li L6, Li Auto’s least expensive, contributed 46.75 percent of January deliveries.
The Li Mega, Li Auto’s highest priced model, delivered 807 units in January.
London-based Rho Motion just dropped the latest numbers on global EV sales for January 2025, and here’s the headline: 1.3 million electric vehicles were sold worldwide. That’s down by more than a third from December’s record-breaking numbers, but don’t let that fool you – January 2025 still saw an 18% jump compared to the same month last year. Read more…
The Mona M03 contributed 50.16 percent of Xpeng’s deliveries in January, and the P7+ contributed 26.73 percent.
The highest priced X9 delivered 821 units in January.
The ES6 contributed 19.30 percent of Nio Inc’s deliveries in January, while the ET5 Touring contributed 14.13 percent.
The Onvo L60 contributed 42.65 percent of Nio Inc’s deliveries in January.
Leapmotor said the B10 will be priced at less than RMB 150,000 ($20,520) and will feature LiDAR to support smart driving in urban areas.
It said the B10 will accelerate the widespread adoption of smart driving systems.
Kia’s electric sports car will smoke a Ferrari and Lamborghini off the line, and it’s already less than half the cost. Now, Kia’s 576 horsepower EV6 GT is even cheaper to drive with nearly $20,000 in lease savings. Here’s how you can get your hands on one. Read more…
Electrogenic’s conversion is delightful to drive. There’s just one sticking point. Read more…
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