On 30 December 2024, Chinese battery electric vehicle (BEV) maker, Deepal held a grand ceremony to celebrate its 400,000th production unit. This milestone was made in only 29 months since the brand’s formation and Deepal is aiming to double that figure in 2025. Sales began in 2022 with the Deepal SL03 electric sedan but it was the company’s second model that truly kicked things off for the young BEV sub-brand of Changan Automobile. The launch of the Deepal S7 electric SUV saw the brand rolling o

CY Foong

Jan 2, 2025

The success of Tesla has attracted a lot of attention from investors, all hoping to strike gold by funding the next Tesla in China, currently the world’s largest market for Internet-connected cars, robotaxis, and electric vehicles. The success of Pony AI, Nio, and Xpeng in raising funds from capital markets despite having no proven profit-generating product has drawn even smartphone makers like Xiaomi and Huawei (Aito) to join the party. That party, however, will soon end this year, warns Geely

Hans

Jan 2, 2025

BYD's 2024 ends of a high note, with the company selling more roughly 4,272,145 cars globally - a 41.2% increase year-on-year from 2023, reports Chinese media. Out of that, the carmaker sold 2,458,378 passenger plug-in hybrids (PHEVs), which in itself is a significant 73% increase from 2023. It's a trend worth capitalising on, and as such, BYD has more in the works – starting with this Sealion 7 PHEV, the upcoming addition to its 'Ocean' series of vehicles. Spotted in China's Ministry of Industr

Sanjay

Jan 2, 2025

In terms of sales volume, China is the world’s largest consumer of automobiles which is an achievement on its own considering how cars weren’t as mainstream in the country decades earlier. China is also the largest in terms of electrified vehicle sales but analysts have forecasted that the country will be achieving another remarkable milestone in 2025. Financial Times reported that China is set to smash international forecasts and official targets with domestic new energy vehicle (NEV) sales – a

CY Foong

Jan 2, 2025

China has produced 11.345 million units of electric vehicles, including plug-in hybrids (PHEVs) and extended-range hybrid electric vehicles (EREVs), according to the latest data by the China Association of Automobile Manufacturers (CAAM). Out of that total, 10.121 million units, or 89% of them, were sold within China. The production figures are 34.6% and 40.3% higher than the same 11-month period last year. Much of this is boosted by the Chinese government doubling subsidies for EV purchases. Si

Hans

Dec 31, 2024