Li Auto will begin accepting pre-orders for the Li i8 on July 17, with the launch event scheduled for July 29.
The Li i8 will be Li Auto’s first all-electric SUV, featuring a design that deviates from the conventional boxy SUV shape.
Author: cnevpost
Xpeng’s flying car unit completes $250 million Series B financing
Xpeng Aeroht has completed a $250 million Series B financing round to accelerate the mass production of its Land Aircraft Carrier modular flying car.
Xpeng Aeroht announced on August 5, 2024, that it had secured $150 million in Series B1 funding and launched its Series B2 funding round.
China NEV ownership reaches 36.89 million with BEV share declining slightly
BEVs accounted for 69.23 percent of the total NEV ownership by the end of June, down slightly from 70.34 percent at the end of 2024.
NEVs accounted for 10.27 percent of China’s total vehicle ownership, up from 8.9 percent at the end of 2024.
BYD, CATL partner with BHP to electrify mining operations
BYD and CATL have each signed MOUs with BHP to advance the mining giant’s decarbonization efforts.
BHP aims to achieve net-zero operational greenhouse gas emissions by 2050.
Nio shares surge in Hong Kong after Onvo L90 pre-sales spark optimism
As of press time, Nio surged more than 10 percent in Hong Kong, extending its winning streak to the sixth trading day.
Analysts believe the L90’s pricing is competitive and will drive Onvo’s sales growth.
Huawei-SAIC joint brand Shangjie releases official images of first model, to feature Huawei ADS 4 system
Shangjie has released the first official images of its debut model, the H5, which will be equipped with Huawei’s latest ADS 4 driver assistance system.
Shangjie is expected to launch the H5 in the fall.
Huawei-BAIC joint brand Stelato teases new S9T wagon
Stelato has begun previewing the S9T wagon, the second model under the new brand.
Huawei’s Richard Yu said last week that the Stelato wagon will be released this fall.
Nio’s battery asset operator Mirattery inks strategic deal with CATL involving equity investment
Mirattery said that the strategic partnership covers equity investment, battery rental service operations and user services, and the joint construction of battery swap networks.
In March, a local media outlet reported that CATL would increase its investment in Mirattery.
Leapmotor launches updated C11 SUV with starting price of $20,900
Leapmotor continues to offer BEV and EREV options for the updated C11, with the BEV variants offering a CLTC range of 640 km.
The C11 was initially launched on September 29, 2021, with total deliveries reaching 256,785 units.
Huawei-SAIC joint brand Shangjie teases first model as fall launch nears
Shangjie’s first Weibo post revealed that its first model will be an SUV.
The model is set to be launched in the fall and will have impressive smart driving capabilities, according to Huawei’s Richard Yu.
China EV battery installations in Jun: CATL share at 43.67%, BYD 21.47%
CATL’s market share increased by 0.8 percentage points in June compared to May, while BYD’s share decreased by 1.02 percentage points.
In June, China’s power battery installation volume reached 58.2 GWh, up 35.9 percent year-on-year and up 1.9 percent from May.
China NEV sales continue to hit new high for this year in Jun with BEVs maintaining strong growth
In June, China’s NEV sales totaled 1,329,000 units, up 26.7 percent year-on-year, according to CAAM data.
BEV sales reached 859,000 units, up 40.4 percent year-on-year.
Onvo begins pre-sales of L90 SUV at competitive price as Nio and Li Auto set for direct face-off
The Onvo L90 has a pre-sales starting price of RMB 279,900 ($39,000), including an 85-kWh battery pack.
The Onvo L90 will be officially launched at the end of this month, with deliveries beginning on August 1. Li Auto will launch its first pure electric SUV on July 29.
Li Auto to launch Li i8 on Jul 29, aiming to redefine pure electric SUV
The Li i8 will be officially launched on July 29, and the model will redefine pure electric SUV, said Li Auto founder Li Xiang.
Li explained why the Li i8 looks like an MPV.
Li Auto Jun deliveries breakdown: Li L6 16,471, Li L7 8,273
The most affordable Li L6 accounted for 45.40 percent of Li Auto’s June deliveries.
The Li Mega delivered 2,304 units in June, marking the MPV model’s second-highest monthly delivery volume.
Zeekr unveils SEA-S hybrid platform, to start pre-sales of Zeekr 9X at end of Aug
Zeekr said SEA-S is the world’s first full-stack 900-volt high-voltage hybrid platform.
The Zeekr 9X’s powertrain delivers a peak output of 1,030 kW, with a 0-100 km/h acceleration time of under 3.1 seconds.
Automakers’ share of China NEV market in Jun: BYD tops with 31.7%, Tesla 4th with 5.5%
Tesla’s market share in China’s NEV market in June was higher than its 3.8 percent in May, but lower than the 6.9 percent in the same period last year.
In the first half of the year, BYD’s market share in China’s NEV market by retail was 29.4 percent, while Tesla’s was 4.8 percent.
BYD announces L4 smart parking, promises to take responsibility for any losses incurred in China
BYD promises to take full responsibility for the safety and any losses incurred in China for all vehicles equipped with the God’s Eye smart driving system in smart parking scenarios.
This move demonstrates BYD’s absolute technical confidence in the God’s Eye system, it said.
BYD announces L4 smart parking, promises to take responsibility for any losses incurred in China
BYD promises to take full responsibility for the safety and any losses incurred in China for all vehicles equipped with the God’s Eye smart driving system in smart parking scenarios.
This move demonstrates BYD’s absolute technical confidence in the God’s Eye system, it said.
Tesla Model Y sales in China rise 9% year-on-year in Jun, ending 2 straight months of decline
In the first six months of the year, Model Y retail sales in China totaled 171,491 units, down 17.48 percent year-on-year.
The Model 3’s retail sales in China came in at 91,919 units in the first six months of the year, a year-on-year increase of 30.38 percent.
