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Li Auto targets annual sales of at least 3 million vehicles...

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Li Auto's management believes China's NEV penetration will reach 90 percent by 2028, when it will need to sell at least 3 million vehicles annually if it is to become one of the top five players, according to local media.

Unprofitable China EV maker Nio unveils phone pitched at drivers

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While Chinese techs have long harbored ambitions to move into the electric car industry, EV upstart Nio has gone the other way by releasing its first mobile phone.

Nation’s NEV sector drives into fast lane

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China's new-energy vehicle (NEV) sector, securing the world's top ranking in production and sales for an eighth consecutive year in 2022, has gone through a period of rapid development and is now entering its explosive growth.