China Extender Heavy truck Manufacturer, Supplier, Factory

Recently, at the 2024 annual performance conference of Geely Automobile (0175.HK), An Conghui, the President of Geely Holding Group and CEO of Zeekr Technology Group, revealed that the new large SUV under the Lynk & Co brand, the Lynk & Co 900, will start pre-sales on March 25 and officially launch in late April. This vehicle is developed based on the SPA Evo large electric hybrid vehicle exclusive architecture and is the first to be equipped with the NVIDIA Thor autonomous driving chip, adopting the Qianli Haohan H7 autonomous driving solution. Meanwhile, the new large SUV under the Zeekr brand, the Zeekr 9X Glory, will debut at the Shanghai Auto Show opening in April and go on sale in the third quarter. Notably, the Zeekr 9X Glory will be equipped with the L3-level Qianli Haohan autonomous driving solution.

On February 24th, we learned from the official Changan Qiyuan that their mid-to-large-sized SUV, the Qiyuan Q07, will make its public debut on February 27th, with more details about the Tianzhu Intelligent Driving System to be revealed. Currently, it is known that the vehicle utilizes a multimodal end-to-end Tianzhu AI large model and a central ring network communication architecture. Through efficient training, high-speed communication, and high-frequency iterative OTA updates, it achieves full-speed NOA and city end-to-end NOA, offering users an advanced intelligent driving experience. The car is built on the all-new SDA all-electric platform and is equipped with the Smart New Blue Whale technology.

Some time ago, the Office of the US Trade Representative (USTR) issued an announcement to increase tariffs on a variety of Chinese imports. The most exaggerated is to increase the tariffs on Chinese electric vehicles from 25% to 100%, which will take effect from August 1 this year.

According to recent media reports, Tesla is developing a simplified Model Y variant specifically for China — the world’s largest market for best-selling electric cars. Led by its Chinese team, the new model retains existing battery, powertrain, and chassis configurations to accelerate production, while trimming non-essential features. The strategy aims to counter intensifying competition from local EV brands dominating sales charts, though Tesla China has yet to officially confirm the plan.

On June 12, the European Union Commission issued a preliminary ruling on the anti-subsidy investigation of electric vehicles in China, proposing to impose temporary countervailing duties on electric vehicles imported from China.

Can BYD compete with Toyota in its home market? According to the latest sales data, BYD's market share in Japan's electric vehicle market is close to 3% in the first half of 2024. This comes despite the company launching its first electric vehicle in the region just last year.