Chery’s net income grew 34.6% year-on-year to 19.02 billion yuan ($2.77 billion) in 2025.
The automaker’s overall gross margin expanded to 13.8% in 2025, edging up from 13.5% in 2024.
Chery posts 34.6% profit jump in 2025 on strong sales
Solid-state battery developer Basquevolt secures investors
Spanish solid-state battery developer Basquevolt announces the entry of Axon Partners Group as a new investor. Additionally, complementary public funding has been secured through the Centre for the Development of Technology and Innovation (CDTI). Read more…
The DS DS N°7 Is A Compact Electric Crossover With A Huge Battery
The replacement for the bestselling DS model has up to 460 miles of WLTP range. Lire la suite…
Nio’s chip unit approaches Leapmotor and Geely for potential supply deals, report says
Nio’s Shenji unit and its partner Axera are pitching the new M97 chip to automakers.
The M97 chip, boasting over 700 TOPS of computing power to rival Horizon Robotics’ Journey J6P, is slated for a third-quarter release.
Li Auto halts orders for multiple models ahead of lineup refresh, report says
Some configurations of Li Auto’s L-series EREV models are sold out in preparation for a revamp.
The automaker is targeting a 20% sales growth in 2026 as it seeks to rebound from a challenging year.
With 40% off MSRP, is the Jeep Wagoneer S the best EV deal going? [update]
Like a 90s “gifted” kid that was supposed to be a lot of things, the electric Jeep Wagoneer S never really found its place — but when dealers started discounting the Jeep brands forward-looking flagship by nearly $25,000 last summer, I wrote that it might be time to give the go-fast Wagoneer S a second look. Read more…
Toyota sells this EV in China for $15,000, using nearly 90% local parts
Toyota may deny it, but it’s increasingly relying on local parts to compete in China’s brutal electric vehicle market. Some estimates claim nearly 90% of the parts in the bZ3X, Toyota’s electric SUV that sells for just $15,000 in China, are sourced locally. Read more…
Former Uber self-driving chief crashes his Tesla on FSD, exposes supervision problem
Raffi Krikorian, Mozilla’s CTO and the former head of Uber’s self-driving car division, totaled his Tesla Model X while using “Full Self-Driving” on a residential street. His kids were in the back seat. Read more…
EVs wiped out oil demand equal to 70% of Iran’s exports in 2025
EVs are starting to chip away at one of the global economy’s biggest vulnerabilities: oil. Read more…
Geely 2025 profit beats estimates as revenue hits record high
Geely Auto reported a flat net income of 16.85 billion yuan ($2.45 billion), which still beat analyst estimates.
Geely delivered a total of 3.02 million vehicles in 2025 and set its 2026 sales target at 3.45 million units.
Tesla says Model Y tops global passenger car sales for 3rd year as total hits 4 million
Tesla’s retail sales in China surged in February, pushing its share in the BEV market to the highest in nearly two years.
Retail sales of the Model Y in China skyrocketed 215.84% year-on-year to 25,286 units in February.
Xiaomi to equip updated SU7 with more powerful driver-assist system
The new driver assistance system is powered by the capabilities of Xiaomi’s latest XLA large language model.
Xiaomi has integrated assisted driving with embodied robotics technology for the first time to enhance the vehicle’s decision-making capabilities.
Audi announces the A2 e-tron, here’s our first look at it
Today, Audi has unveiled plans to bring the A2 name back to the market in EV form. The A2 e-tron will be fully unveiled this fall, and it’s intended to “rejuvenate Audi’s model range and open up access to premium electric mobility”. You can see the first preview of the A2 e-tron’s silhouette in the image below, shared by Audi… Read more…
China’s wind and solar boom is creating waste, but there’s a plan
China’s clean energy boom is saddled with a major challenge: what to do with all its old wind and solar equipment. Read more…
Volkswagen is turning the ID.4 into an electric Tiguan SUV [Images]
Volkswagen’s electric SUV will adopt the Tiguan name and a familiar style as part of its overhauled lineup. The new ID.4 is expected to debut later this year as the ID. Tiguan. Read more…
Gas Car Drivers Hit 5 Times Harder By Iran Oil Shock Than EV Owners
One study says rising oil prices will hit gas cars five times harder than EVs. Lire la suite…
French luxury goes electric with the new DS No7 SUV
French car maker DS showed off today its newest creation – the DS No7. This vehicle is the direct replacement for the older DS 7, which was the brand’s most popular model. The company hopes the new SUV will help it sell many more electric cars in the future. The No7 looks like a standard SUV, but it has some… Read more…
Ford CEO Says China’s Electrified Pickups Are ‘Different Animals’
Ford’s CEO shared that while it has the decades of truck-building under its belt, Chinese brands make a “pretty competitive product.” Lire la suite…
Manchester orders 55 electric buses from Wrightbus
Northern Irish bus manufacturer Wrightbus has secured another order for Greater Manchester’s Bee Network, with the UK metropolitan region placing an order for 55 electric buses. This was announced by Greater Manchester Mayor Andy Burnham during a visit to the company. Read more…
LGES to supply cells for Tesla battery storage systems in Michigan
The US government confirmed at the Indo-Pacific Energy Security Summit that LG Energy Solution will manufacture LFP battery cells for Tesla in Lansing, Michigan. The cells are intended for use in Tesla’s stationary battery storage systems. Read more…
