Xiaomi is intensifying its electric vehicle (EV) research and development, announcing a new SUV line called Sky Nomad to counter slowing domestic sales and compete with rivals like Li Auto and Xpeng. Analysts anticipate the new models will feature extended-range battery technology.
Chery, China's largest car exporter, sold three times as many vehicles overseas as domestically in May, with international sales comprising 73% of its total. This trend mirrors other Chinese automakers like BYD and Great Wall Motor, who are also expanding globally.
Mazda launched a redesigned CX-5 SUV on May 21, its core model with over 5 million global sales since 2012. The new model features Google's voice recognition, increased interior and cargo space, and aims to boost domestic sales, which have been below target.
Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...
Six-seat premium electric sport utility vehicles (SUVs) are emerging as an unlikely game changer in China’s automotive market, with more than a dozen new locally developed models set to challenge German luxury brands this year. The spacious vehicles, increasingly popular among wealthy families in mainland China, could drive a rebound in the world’s largest car and electric vehicle (EV) market as they combined Chinese EVs’ technological edge with competitive pricing, according to Morgan...
At the Beijing Auto Fair, Chinese automakers showcased autonomous driving tech as they pivot to AI-powered services after domestic sales fell 17%. Huawei announced a £8.7bn investment over five years, while Chery set a goal of 10m global sales by 2030. Chinese companies expect to sell one in 10 new cars in Britain this year.
