AITO flagship SUV M9 spy photos exposure
Recently, a series of spy photos featuring AITO's highly anticipated flagship SUV, the M9, were leaked online. The all-electric vehicle is expected to rival competitors like Li Auto's L9, and boasts cutting-edge technology such as a lidar system. Notably, the M9's front facade offers two grille designs, adding to its sleek and modern aesthetic. Like its predecessor, the AITO M5, the M9 is likely to be offered in both an extended range and pure electric version to cater to a range of drivers and needs.
Europe's 2031 battery capacity plan: Asian companies account for 44%
According to the latest market intelligence from BMI, Europe's battery raw materials sector is projected to reach a total capacity of 1,200GWh by 2031, exceeding initial demand forecasts by an impressive 325GWh. The report also reveals that 44% of the planned capacity comes from factories established by Asian companies operating in Europe, while local European companies contribute only 43% of the total production capacity. This highlights the growing importance of foreign investment in the region and underscores the need for European companies to step up their efforts in the battery manufacturing space to remain competitive in the global market.
Neta E coupe interior pics reveal similarities to Mercedes-Benz S-Class
Just a few days ago, photos of the sleek interior of the Neta E, a two-door 4-seater pure electric sports car, were leaked online. The EV is set to begin pre-sales in March and is slated for official delivery in Q2. The Neta E's interior is highlighted by a futuristic, suspended LCD instrument panel and a large vertical tilting central control screen that delivers a stunning visual experience. The vehicle also boasts integrated sports seats and frameless doors, adding to its overall sporty and stylish appeal. In fact, the central console design is on par with the luxurious S-Class sedan by Mercedes-Benz, underscoring the car's premium quality and attention to detail.
BYD exploring self-built factories in Europe
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During a recent interview at BYD's new North American headquarters, Li Ke, the company's Executive Vice President, disclosed that BYD is considering the possibility of building its own factory in Europe rather than acquiring Ford's Germany. The move is aimed at bolstering BYD's European presence, helping the company to establish a robust sales network and a comprehensive service infrastructure that will instill confidence in its brand. By taking ownership of its own manufacturing facility, BYD aims to position itself as a major player in the region's burgeoning EV market and to pave the way for a more sustainable future.
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Li Auto L7 will be listed Feb 8th, entry-level variant to be launched
Li Auto is scheduled to host a listing release conference for its much-anticipated L7 model on February 8th, during which the automaker will unveil the price of its entry-level Air variant. According to recent reports, the Li L7 Air version is expected to offer a more cost-effective option, by eliminating certain features such as air suspension and electric suction doors, positioning it as a more affordable alternative to the Max and Pro models. Insiders predict that the base model may be priced around 300,000 RMB, allowing Li Auto to cater to a wider range of customers and compete more effectively in the ever-expanding EV market. With its sleek design and innovative features, the Li L7 is poised to make a significant impact and generate considerable interest among EV enthusiasts and industry observers alike.