Automundo China

The Nio and Onvo brands had combined insurance registrations of 7,970 units in China last week, up 29.17 percent from 6,170 units in the previous week.

Electric Vehicle Market China: Porsche late on Monday said U.S. import tariffs, in place since April at 25%, weighed on its business in April and May, and it warned that its adjusted outlook does not factor in the future effects of tariffs.

Company will prepare for high volume production of the electric trucks over the next few quarters, head of the Semi programme Dan Priestly says.

The Shanghai Auto Show is about to open, attracting nearly 1,000 companies and over 100 new car launches. Automakers are placing more emphasis on technology displays, attracting a large number of overseas visitors, especially automotive agents. During the exhibition, 30% of the visitors at the NIO booth were foreigners, indicating that Chinese auto shows are evolving into a global hub. Overseas audiences have shown a strong interest in charging and battery swapping technologies, with particular attention to NIO's battery swapping technology

If there is one thing to be learned from Auto Shanghai - China’s largest automobile show - it’s that China has dozens of car brands that can rival Western ones. BYD surpassed Tesla’s profits, but other EVs like those made by Zeekr, Xiaomi and Chery are quickly joining the race. CNN’s Marc Stewart took a rare test drive of Zeekr’s new 7GT.

The first phase of the plant is expected to start production in the fourth quarter of this year, with a planned annual capacity of 10,000 units.

Australia and Mexico could soon get a Chinese Cybertruck clone