China Auto Daily丨Lynk & Co 900 Launches at RMB 289,900 (USD 39,800) with NVIDA Thor Chip

Lynk & Co 900 Launches at RMB 289,900 (USD 39,800) with NVIDA Thor Chip

Lynk & Co debuted its flagship six-seat SUV, the 900, on April 28 with four trims priced from RMB 289,900 (USD 39,800) to RMB 396,900 (USD 54,500). Built on the SPA Evo platform, the plug-in hybrid features a roof-mounted lidar, NVIDIA Thor chip, and Zeekr’s H7 ADAS suite (700 TOPS) for highway pilot assist. Powertrain options include a 2.0T hybrid + DHT Pro + P4 motor (337 kW), a 2.0T hybrid + DHT Pro + dual-P4 motor, and a 1.5T + DHT Evo + P4 motor. Deliveries begin in June 2025.  

Dongfeng Nano 06 Starts Pre-Sales from RMB 89,900 (USD 12,400)

Dongfeng’s Nano 06 compact EV opened pre-orders on April 28 with five trims priced between RMB 89,900 (USD 12,400) and RMB 119,900 (USD 16,500). Based on the Quantum 3.0 architecture, it features a 135 kW motor, Maha E battery with 3C fast charging technology (100 km range in 5 minutes), and up to 471 km CLTC range. The model offers Tianyuan smart cabin tech and L2+ driving aids, planned to enter the market by Q2 2025 launch.  

Seres Files for Hong Kong IPO with 305.5% Revenue Surge in 2024  

Seres Group, a Chinese NEV manufacturer founded in 1986, submitted its Hong Kong IPO application on April 28, appointing CICC and China Galaxy Securities as joint sponsors. The AITO brand, launched in 2021, drove a 305.5% year-on-year revenue jump to RMB 145.1 billion (approx. USD 19.9 billion) in 2024, with net profit hitting RMB 5.9 billion (USD 810 million). Its 23.8% gross margin makes Seres the world’s fourth profitable NEV maker after Tesla, BYD, and Li Auto. The IPO proceeds will allocate 70% to R&D for next-gen EVs, 20% to marketing, global expansion and charging networks, and 10% to working capital. Seres plans to deepen its “blockbuster product” strategy while targeting premium markets overseas.  

Geely Releases 2024 ESG Report: Carbon Footprint Per Vehicle Down 18%

Geely Auto announced on April 28 that its per-vehicle lifecycle carbon emissions fell 18% in 2024 versus 2020 levels, alongside a 92% surge in NEV sales to 888,000 units. The automaker now operates 12 green factories and 11 zero-waste facilities, earning China’s inaugural “Zero-Waste Enterprise” designation. Geely aims to slash lifecycle emissions by over 25% by 2025 under its “Intelligent Geely 2025” strategy, leveraging modular EV platforms and circular battery ecosystems.  

*(Exchange rate: RMB 7.2734 = USD 1)*