BYD Global New Energy Vehicle Production Surpasses 7 Million Units
2024/03/25
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Automotive Industry Dynamics: SERES Collaborates with Huawei, Xiaomi Auto Sales Surpass Model 3
Kang Bo, vice president of SERES Group, said at the World Economic Forum Annual Meeting that SERES is committed to its cooperation with Huawei. The Wenjie M8 has been launched, and more new models will be introduced in the future. Kang Bo predicted that the market share of hybrid vehicles will increase.
Lei Jun, chairman of Xiaomi Group, said that the delivery volume of Xiaomi SU7 in December 2024 exceeded that of Model 3.
NIO has formed a team to research and develop the quadruped robot project. The person in charge, Xu Kang, was an algorithm expert at Momenta.
The sales channel layout of the Zunjie S800, a product of the cooperation between Huawei and Jianghuai Automobile, has made progress.
The confident model of Great Wall's high - end brand is expected to be launched within 2025, possibly equipped with a 4.0T V8 hybrid system.
Nissan announced the construction of a new lithium iron phosphate battery factory in Kitakyushu, with a planned start of production in 2028.
CATL released its 2024 performance forecast, with net profit expected to increase by 11.06% to 20.12% year - on - year.
Hesai Technology has won the mass production orders for lidar from Dongfeng Motor and Chery Automobile.
Luxshare Precision Industry (Henan) Co., Ltd. has been established, with its business scope including the research and development of auto parts.
Automobile stocks in the Hong Kong stock market fluctuated and declined, with NIO falling nearly 6%.
From January 1st to 19th, the retail sales of the passenger car market decreased by 5% year - on - year, while the retail sales of the new energy market increased by 26% year - on - year.
In 2024, the production of new energy vehicles in Beijing was approximately 300,000 units, an increase of nearly three times.
Fujian Province has expanded the support scope for vehicle scrapping and renewal, with a maximum subsidy of 20,000 yuan.
Facelifted Proton X50 Debuts in Brunei: 1.5T Four-Cylinder 181 PS, Three Variants from B$27,499
Six months after its Malaysian launch, the facelifted Proton X50 has reached Brunei—its first export market—in three variants priced from B$27,499 with an early-bird B$1,500 discount. Powered by the new 181 PS/290 Nm BHE15-EFZ 1.5-litre turbo four and a seven-speed wet DCT, it claims 4.7% lower fuel use. Design tweaks include sharper LED headlights, full-width taillights and a Batmobile-style spoiler, while inside an 8.88-inch cluster and 14.6-inch touchscreen appear alongside Level-2 ADAS now offered on Premium. Proton targets 1,000 Brunei sales this year.
FAW Audi Hits 10-Million-User Milestone: New Q5L with Huawei ADS Debuts, A6L Line Refreshed
At its 15 Jan Shenzhen gala, FAW Audi crossed 10 million customers—first among joint-venture luxury brands—and unveiled the “Zenith Heart” customer strategy. The new Q5L, world’s first premium ICE SUV with Huawei ADS, hit the market, while the refreshed A6L made its global debut. FAW Audi will launch A6L e-tron in 2026, advance its “ICE-EV-PHEV smart together” roadmap, expand into lower-tier cities and elevate end-to-end luxury experience.
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2026 Ruilan 8 Electric MPV Launched: Limited Price from RMB 112,800, 545 km CLTC Range, 8-Year Battery Warranty
The 2026 Ruilan 8 compact electric MPV hits the market with three variants priced RMB 112,800-122,800 after a RMB 15,000 launch discount, valid until 28 Feb. Measuring 4,812×1,909×1,699 mm with a 2,807 mm wheelbase, it offers 5- or 7-seat layouts and up to 545 km CLTC range. Enhanced powertrain and lower pricing headline the update, backed by 0% 24-month financing, up to RMB 8,000 interest subsidy, RMB 10,000 trade-in bonus and an 8-year/150,000 km battery warranty.
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ONVO L60 “Horse Success” Edition Launches: RMB 218.9k Outright or RMB 161.9k Battery-Rental, Dawn-Gold Paint & Nappa Cabin
ONVO officially released the L60 “Horse Success” edition on 16 Jan; built on the 60 kWh RWD variant, it costs RMB 218.9k outright or RMB 161.9k with battery rental. For a limited time, customers can add RMB 12k for a bespoke package featuring Dawn-Gold paint, 20-inch bright-finish alloys, two-tone Nappa leather interior, marble-effect trim and second-row fold-out table, plus a RMB 1,598 gift bundle.
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Beijing Off-Road BJ40 Explorer Launches from RMB 149,900, Post-Subsidy RMB 134,900 with Towing Pack & Six Gifts
On 15 Jan, Beijing Off-Road debuted the BJ40 Explorer and BJ81 2.0 Co-Creation Edition in Beijing; the BJ40 Explorer is priced RMB 149,900–159,900, or RMB 134,900 after state subsidies. The facelift keeps the boxy body and five-slot grille, adds black-out packs and two cabin themes, plus LED halo head- and tunnel-tail lamps. First owners get a 3-year/100,000-km warranty, free first service, 3-year roadside assistance and four more perks worth RMB 12,000; military, police and firefighters receive an extra RMB 3,000 rebate until 31 March.