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The two-door electric sports car is available in three versions in China and can accelerate from 0 to 100 kilometers per hour in 3.2 seconds. (Image credit: MG) SAIC Motor’s MG brand has officially launched the Cyberster in China, after starting to take reservations for the electric roadster at the end of September. MG made the Cyberster available at today’s Guangzhou auto show, offering three versions, including two single-motor versions as well as a dual-motor version. MG calls the three versions the Glamour Edition, Style Edition, and Pioneer Edition, with starting prices of RMB 319,800 ($44,150), RMB 339,800, and RMB…

The Hang Seng Index is one of the earliest stock indices in Hong Kong, and since its launch on November 24, 1969, it has become an important indicator of Hong Kong’s stock market. Li Auto (NASDAQ: LI) will be included in Hong Kong’s benchmark stock index early next month and is expected to receive inflows from passive funds tracking the index. Li Auto, along with pharmaceutical company WuXi AppTec, will be added to the Hang Seng Index, with the change due to take effect on Monday, December 4, the Hang Seng Indexes Company Limited (HSI) said in a quarterly review…

Over the past month, Tesla has made three price hikes in China, albeit for different models. (Image credit: CnEVPost) After three recent price hikes, Tesla is set to raise the prices of its models in China again next week, local media outlet Lanjinger said in a report today, citing industry insiders close to Tesla. The report didn’t offer any more information, though it echoed another media report from earlier in the week. On November 14, Auto Home, one of China’s largest automotive websites, cited a Tesla source as saying the Model 3 and Model Y will continue to increase in…

Yangwang unveiled the concept car and supercar platform at the Guangzhou auto show, which began today, showcasing some of its most advanced technologies. (Image credit: Yangwang) Yangwang, the premium brand of BYD (OTCMKTS: BYDDY), has unveiled a concept car and a supercar platform that showcase some of its most advanced technologies at the Guangzhou auto show, which began today. The concept is based on BYD’s e⁴ technology, which has no traditional steering or brakes. It integrates drive, brake, and steering functions, allowing the vehicle to brake and steer without relying on traditional mechanics. This technology, based on quad-motor independent drive,…

Li Auto’s own smart driving team will instead focus more on the development of the AD Max system that comes with its highest priced models, according to local media. (Image credit: CnEVPost) Li Auto (NASDAQ: LI) has brought in local self-driving startup QCraft as a smart driving system supplier to assist it in developing ADAS (Advanced Driver Assistance System) features for the Pro versions of its cars, local media outlet 36kr said in a report today. Some of QCraft’s employees have now started working at Li Auto’s office to conduct joint development with the company, the report said, citing people…

The Zeekr 007 starts at a price of RMB 229,900 in the pre-sale and it will be officially launched and deliveries will begin in January. (Image credit: Zeekr) Zeekr has officially unveiled its first sedan model, the Zeekr 007, and has begun its pre-sales, set to intensify competition in China’s all-electric sedan market. The company debuted the Zeekr 007 at the Guangzhou auto show today, and begun pre-sales of it at a starting price of RMB 229,900 yuan ($31,730). Customers who pay RMB 1,000 to reserve the model before its official launch will receive a RMB 5,000 discount on their…

BYD’s Ocean range of SUVs will be integrated into the Sea Lion array and sedan models into the Seal array. (Image credit: BYD) BYD (OTCMKTS: BYDDY) has added the Sea Lion lineup to its model array and gave the first model in the lineup its debut. At the Guangzhou auto show, which started today, the new energy vehicle (NEV) giant unveiled the Sea Lion 07 battery electric vehicle (BEV), the first model in the Sea Lion lineup and the first midsize all-electric SUV in BYD’s Ocean series. BYD’s models include the Dynasty series, which is named after dynasties in Chinese…

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by VMAX: If you’re looking for a high-quality e-scooter with superior performance, check out the new VX5, VX2 Pro, VX4, and the R40 and R55 high-speed race scooters from VMAX.New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available. Stories we discuss in this episode (with links): Subscribe to…

Customers can reserve the Li Mega by paying a refundable RMB 5,000 for priority delivery. Deliveries of the model will begin at the end of February. (Image credit: Li Auto) Li Auto (NASDAQ: LI) has announced the number of pre-orders it has received for its first battery electric vehicle (BEV) model, the Li Mega, in a move to demonstrate the model’s popularity. In the first hour and 42 minutes after pre-sales began, more than 10,000 units of the Li Mega were reserved, the company announced today on Weibo. Reservations for the seven-seat MPV (Multi-Purpose Vehicle) opened at 9:40 am Beijing…

Xpeng X9 starts at RMB 388,000 for pre-sales, with deliveries to begin in January, while Li Auto’s Li Mega will be priced between RMB 500,000 and 600,000. (Image credit: Xpeng) Xpeng (NYSE: XPEV) has officially unveiled its first MPV (Multi-Purpose Vehicle) model, the X9, and is offering it for pre-sale at a much lower price than its local counterpart Li Auto’s (NASDAQ: LI) Li Mega. The Chinese battery electric vehicle (BEV) maker debuted the seven-seat X9 at the Guangzhou auto show, which begins today, with a starting price of 388,000 yuan ($53,540). Customers can pay RMB 2,000 to pre-order the…