Neta launches Neta X and Neta Aya in Singapore
- Neta launched the Neta X and Neta Aya in Singapore today and secured 52 orders in the morning.
- Neta's new stores in Singapore will open soon.
Neta reportedly downsizing directly operated stores, retaining dealer outlets
Neta is restructuring its channel system and will gradually close down directly-managed stores and retain dealer stores, according to local media.
Great Wall Motor creates new unit to target ultra-luxury market, report says
Great Wall Motor has created a new business unit to target the ultra-luxury market, and its chairman Wei Jianjun will also be chairman of a new brand.
Chery to launch models using Nio's battery swap tech in Q3
- The first non-Nio models from its battery swap alliance could be an SUV and a sedan from Chery's sub-brand Exeed.
- Both models are expected to go on sale in the third quarter of 2025.
Xpeng teases new SUV G7 to take on Tesla Model Y
- Xpeng's new SUV is officially named the Xpeng G7, and will perhaps be the most competitive SUV in the RMB 250,000 ($34,100) class this year, an executive said.
- Earlier today, widely circulated spy shots showed the facelifted Tesla Model Y looking like the Xpeng G6 SUV.
China NEV retail reaches record 1.3 million in Dec while penetration continues to decline
- China's NEV penetration at retail stood at 49.4 percent in December, marking the fourth consecutive monthly decline and the first time it has fallen below 50 percent since June.
- BEVs sold 762,000 units at retail in December, contributing 58.5 percent of all NEV retail sales, lower than 59.8 percent in November.
Tesla sells record 82,927 cars in China in Dec, exports 10,839 from Shanghai plant
In the fourth quarter, Tesla's retail sales in China were 196,902, contributing 39.73 percent of global deliveries.
Facelifted Tesla Model Y seen uncamouflaged in winter testing
- A facelifted Tesla Model Y not wrapped in camouflage has been spotted undergoing winter testing, signaling that it could be close to launch.
- The Model Y is one of the most popular models in China, contributing 72.87 percent of Tesla's China deliveries in January-November 2024 for the same period.
Mercedes reportedly delays production of all-electric CLA sedan in China due to software issues
Production of the all-electric Mercedes-Benz CLA in China has been delayed to August from the originally planned April due to issues with software development, according to local media.
Nio opens new showroom in UAE
- Nio has opened a Nio Space in Dubai, its 439th globally.
- On November 28, 2024, Nio opened a Nio House in Abu Dhabi, the first flagship showroom to open in the MENA region.
