Hyundai Motor's Global Sales Dip 3.7% in March 2024, EV Sales Show Strong Momentum
2024/04/01
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EXEED Brand Night Unveils 3.0 Era: 2.4 GPa Steel, 900 V Power, Global Luxury Push
At its 22 Dec Brand Night, Chery’s flagship EXEED launched 3.0 strategy: a 2.4 GPa hot-formed steel “Rock 3.0” body lifts safety margin 20 % above BMW X3/Audi Q5L, 900 V architecture, zero-gravity airbags and health cockpit form a closed safety-smart-power-handling loop. Chairman Yin Tongyue defined three core capabilities—product, culture, community—to conquer global performance-luxury segments where EXEED already leads in Poland, UK, Italy with €55k average price.
Hongqi Debuts in Singapore with Range-Rover-Sized E-HS9 EV, RHD Sales Start 2026
Chinese luxury marque Hongqi officially lands in Singapore via Eurokars Elite; the right-hand-drive E-HS9 full-size electric SUV will be unveiled at the Singapore Motorshow (8-11 Jan 2026) and launched the same year. Measuring 5209 mm long with a 3110 mm wheelbase, the twin-motor 4WD offers 218 or 333 PS rear output and 84-120 kWh batteries for 380-515 km WLTP range. Air suspension, matrix LEDs and full ADAS are standard. A showroom at 19 Leng Kee Road will be followed by an electric sedan and two mid-size SUVs, plus ICE options.
IM Motors Scales OTA in January, Debuts LS8 & L3 AD in 2026
IM Motors will begin a large-scale over-the-air update this January, rolling out in waves according to chip set and model. The brand also revealed a 2026 roadmap headlined by the new range-extended LS8 SUV, already homologated by MIIT. Measuring 5085 mm long with a 3060 mm wheelbase, the 5/6-seater pairs a 1.5-litre turbo generator with a 230 kW electric drive and 52.1-65.9 kWh LFP blade batteries for up to 335 km electric range. IM will simultaneously push steer-by-wire and L3-grade assisted-driving technologies into volume production.
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Mercedes-Benz Invests ¥1.34B to Become 5th Largest Shareholder of Qianli Tech
On 24 Feb 2025, Qianli Technology (ex-Lifan, 601777.SH) announced that Mercedes-Benz Digital Technology has completed the registration to acquire 135.6 million shares (3% stake) from Li Fan Holdings at RMB 9.87/share for about RMB 1.34 billion, becoming the fifth-largest shareholder with a 12-month lock-up. Driven by Geely, the deal turns Qianli into an open AD/ADAS platform of 3,000 engineers, integrating Zeekr and Geely R&D units. A long-term strategic cooperation will deepen AI, autonomous driving and intelligent cockpit collaboration; Mercedes may nominate a board director.
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Lexus RZ 600e F Sport Performance Unveiled: 426 HP, 4.4s 0-100, Japan Launch March 2026
Lexus has released official images of the RZ 600e F Sport Performance, its most powerful RZ yet. Aerodynamic add-ons—hood vents, front splitter, flared fenders, side skirts, rear diffuser and dual-plane spoiler—plus 21-inch matte-black wheels and carbon-fiber trim sharpen the look. Inside, blue accents and leather/Alcantara sport seats complement the yoke-style steering wheel with steer-by-wire. A dual-motor AWD system delivers 313 kW (426 hp) for a 4.4-second 0-100 km/h sprint, while a 77 kWh battery provides 525 km range. Sales start in Japan on 2 March 2026 at ¥12.165–12.44 million (≈US$110–113k).
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Kosmera Debuts at CES with 1,903-HP Bugatti-Style Hypercar, Production Set for 2027
New Chinese EV brand Kosmera will unveil two models at CES: a 1,903-hp hypercar and a Porsche-like sedan. The quad-motor flagship targets a 1:1 power-to-weight ratio using aerospace-grade composites and a 3D-printed chassis for exceptional torsional rigidity, while an active linear-motor suspension toggles between comfort and track modes. Backed by Dreame Technology and registered by Suzhou-based Star, Kosmera is co-developing solid-state batteries and plans series production in 2027 .