SK On Signs MOU with Ferrari to Develop High-Performance EV Batteries
2024/03/27
NEV, Supply Chain
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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.
Hyundai IONIQ 3 World Premiere Set for April 2026 on E-GMP 400V Platform
Hyundai will unveil the production IONIQ 3 in April 2026. The compact electric SUV rides on the E-GMP 400V platform, sporting a closed grille, split LED light strips and a fast-back tail with integrated spoiler; a high-performance IONIQ 3 N is slated for 2027.
GAC Spins Off Trumpchi BU in Do-or-Die Reform Under “Panyu Action”
GAC Trumpchi BU, adding a second pillar alongside Hyper-Aion BU and Huawei-powered Qijing brand to cover premium to mass segments. The unit consolidates R&D, manufacturing and sales for faster decisions, aiming to reverse Trumpchi’s 23.8 % Jan-Apr sales drop, unclear PHEV/BEV strategy and slow retail response, while securing cash-flow from ICE & hybrid volume.
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Facelifted Cadillac XT5 PHEV Spied: 210km CLTC EV Range, LiDAR & Momenta R6 ADAS on Board
Fresh spy shots reveal the facelifted Cadillac XT5 PHEV keeping today’s silhouette but adding a roof LiDAR, twin charge ports and blacked-out grille. The “True Dragon PHEV Pro” pairs a 115kW 1.5T turbo with a 165kW motor for roughly 210kW system output, delivering 210km CLTC electric range and 1600km total. A 5C fast-charge adds 30-80% in 15min. Inside, the dual-screen dash continues, now powered by Snapdragon 8775P and “Xiaoyao Pilot” ADAS using Momenta’s R6 reinforcement-learning model for full-scenario assisted driving.
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2026 Mercedes-AMG G 63 Spotted in Panda Wrap, 585 hp V8 Unchanged
Spied 2026 AMG G 63 keeps boxy 4871×1984×1984mm body, panda livery and side-exit quad pipes; 4.0T twin-turbo V8 still delivers 585 hp, with minor spec tweaks expected ahead of launch priced near the outgoing ¥2.6M.
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Malaysia CBU EV Rule Finalised: RM250k & 200 kW Now Apply to All New Models from Jan 1, 2026
MITI’s Jan 2 update confirms that from Jan 1, 2026, any CBU BEV not approved before Dec 31, 2025—regardless of brand presence—must retail for ≥ RM250k and deliver ≥ 200 kW (≈268 PS); models granted AP in 2023-2025 keep the RM100k floor. Import-duty exemption ended Dec 31, 2025, restoring 30% import + 10% excise duty and raising prices ~15%. CKD remains tax-free until end-2027, prompting BYD, Leapmotor, Xpeng et al. to accelerate local assembly plans, while Tesla has yet to confirm a Malaysian plant.