The Starshine 6’s discounted pre-sales starting price is RMB 79,800 ($11,180), with official launch set for October. Read more…
Author: cnevpost
China to require export licenses for pure electric cars starting next year
China will implement an export license management system for pure electric passenger vehicles, effective January 1, 2026.
The move is poised to curb private BEV exports.
BMW’s China venture recalls 7 electric Minis over battery issues
This marks the second recall of Mini electric vehicles this year due to battery issues.Some vehicles may experience excessive self-discharge due to production defects in the power batteries.
Li Auto launches i6 in latest push in pure-electric SUV market following i8
The five-seat Li i6 comes in a single trim starting at RMB 249,800 ($35,020), 26.49 percent lower than the six-seat Li i8.
Li Auto aims for the Li i6 to achieve stable monthly deliveries of 9,000 to 10,000 units this year.
Li Auto launches i6 in latest push in pure-electric SUV market following i8
The five-seat Li i6 comes in a single trim starting at RMB 249,800 ($35,020), 26.49 percent lower than the six-seat Li i8.
Li Auto aims for the Li i6 to achieve stable monthly deliveries of 9,000 to 10,000 units this year.
Chinese self-driving startup Momenta seeks funding at valuation exceeding $5 billion, report says
If the funding goes ahead, it could help propel Momenta toward an eventual IPO.
Momenta’s two domestic peers, Pony.ai and WeRide, have market valuations of $7.6 billion and $3.1 billion, respectively.
GWM sub-brand Ora unveils Ora 5 SUV in ramped-up EV push
Launched in 2018, the Ora brand has largely stayed quiet in China’s fiercely competitive EV market over the past two years.
The Ora 5 is the brand’s first electric SUV, designed to spearhead its revival.
BYD launches new variants for Qin Plus sedan, cuts prices on existing trims
BYD has launched new variants for the second-generation Qin Plus and reduced prices on several existing trims to enhance the sedan’s appeal.
The Qin Plus now starts at RMB 69,800 after discounts.
Xpeng announces entry into 5 European countries, pressing ahead with global expansion
Xpeng announced its official entry into Switzerland, Austria, Hungary, Slovenia, and Croatia, marking an upgrade to its European layout.
In the first eight months of this year, Xpeng delivered over 24,702 vehicles in overseas markets, a year-on-year increase of more than 137 percent.
Huawei-GAC joint brand Qijing appoints CEO, 1st model completes summer testing
Qijing has appointed an industry veteran with over 25 years of automotive experience as CEO, responsible for strategy, product planning, and market expansion.
Qijing’s first model has completed summer testing in Xinjiang, passing rigorous challenges in extreme high temperatures.
Xiaomi EV deliveries speed up as production capacity increases
Xiaomi EV is planning to dynamically optimize vehicle delivery cycles, significantly shortening the time from order placement to delivery.
Expected delivery dates for some models are expected to be advanced by up to 6 weeks, and up to 2 months for others.
Mercedes begins pre-sales of electric CLA in China, priced from $36,340 with range up to 866 km
The electric CLA utilizes an 800-volt high-voltage electrical platform, and is one of the longest-range EV models in the Chinese market.
Its cabin and smart driving systems incorporate locally developed solutions to better align with local needs.
Xpeng sees 10,000th next-gen P7 electric sedan roll off line
This comes about one month after the next-generation P7 was launched on August 27.
Priced starting at RMB 219,800 ($30,860), the new P7 features significant updates compared to its predecessor.
Xiaomi EV, Leapmotor to launch EREVs with huge 80-kWh battery packs, report says
CATL is set to launch its new 8-series high-nickel batteries next year, which will be used in EREV models from leading EV startups.
This year, some EREV models have already begun incorporating CATL Freevoy batteries with capacities exceeding 60 kWh.
Mercedes, Momenta tie up to develop driver-assist system for China
The driver-assist system jointly developed by Mercedes and Momenta will debut in the all-new locally produced, all-electric CLA model to be launched this fall. Read more…
Leapmotor hits 1-million-car production milestone
Leapmotor aims to sell up to 650,000 vehicles this year and 1 million units next year.
From January to August, Leapmotor delivered 328,859 vehicles, marking a 136.43 percent year-on-year increase.
Chery goes public in biggest auto IPO in Hong Kong this year
Chery’s IPO pricing was set at the upper end of its offering range, raising HK$9.14 billion ($1.18 billion).
At the opening of Hong Kong stocks on Thursday, Chery rose 11.22% to HK$34.2, with a market capitalization of HK$197.2 billion.
China NEV retail at 697,000 in Sept 1-21, up 10% year-on-year
In the September 1-21 period, China’s total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.
NEV retail penetration in China stood at 58.5 percent from September 1 to 21, and 51.8 percent year-to-date.
China NEV retail at 697,000 in Sept 1-21, up 10% year-on-year
In the September 1-21 period, China’s total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.
NEV retail penetration in China stood at 58.5 percent from September 1 to 21, and 51.8 percent year-to-date.
Xpeng raises $100 million through ABS issuance
Xpeng has completed RMB 710 million ($100 million) ABS issuance to supplement working capital and support the development of its leasing business.
The AAA-rated senior tranche carries a coupon rate as low as 2.28 percent.
