News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Xpeng P7+ electric sedan reaches 50,000th production milestone 5 months after launch

By cnevpost 04/29/2025 - 03:41 04/29/2025 CnEVPost

The P7+ delivered 23,885 units in the first quarter, contributing 25.41 percent of Xpeng’s deliveries in the same period.
Xpeng launched a faster charging variant for the P7+ last week.

Leapmotor founder increases stake in company again

By cnevpost 04/29/2025 - 02:52 04/29/2025 CnEVPost

Leapmotor’s founder and his concert parties increased their stake in the company by HK$316 million ($40.7 million) in April.
Leapmotor has risen about 70 percent in Hong Kong so far this year.

BYD breaks ground on NEV plant in Cambodia, production expected to start in Q4

By cnevpost 04/29/2025 - 01:46 04/29/2025 CnEVPost

The first phase of the plant is expected to start production in the fourth quarter of this year, with a planned annual capacity of 10,000 vehicles.
The CKD plant will cover an area of 12 hectares with a total investment of $32 million.

Lynk & Co 900 officially launched to target large SUV market

By cnevpost 04/28/2025 - 15:12 04/28/2025 CnEVPost

Lynk & Co 900 starts at RMB 309,900 ($42,480) and secured over 10,000 firm orders within one hour of availability.
The car is expected to compete with large SUVs such as the Li L9, Denza N9 and Aito M9.

Huawei’s car-making partner Seres files for HK listing

By cnevpost 04/28/2025 - 09:42 04/28/2025 CnEVPost

Seres achieved a net income of RMB 5.9 billion in 2024, becoming the fourth NEV maker in the world to achieve profitability.
Seres’ gross margin was 23.8 percent in 2024, up 16.6 percentage points from 7.2 percent in 2023.

BYD enters Croatia with 4 models

By cnevpost 04/28/2025 - 09:11 04/28/2025 CnEVPost

BYD continued its European expansion with the launch of four models in Croatia.
BYD sold a record 72,723 vehicles overseas in March.

BYD Shenzhen car carrier kicks off maiden ocean voyage with over 7,000 cars bound for Brazil

By cnevpost 04/28/2025 - 03:49 04/28/2025 CnEVPost

BYD Shenzhen kicked off its first ocean voyage on April 27 with over 7,000 BYD NEVs and sailed to Brazil.
The vessel is the world’s largest car carrier with 9,200 standard loading spaces.

Tesla rumored to start production of 3-row Model Y in China next month

By cnevpost 04/28/2025 - 02:16 04/28/2025 CnEVPost

A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China.
Tesla last week began offering a five-year, zero-interest financing incentive for the Model Y in China.

Tesla rumored to start production of 3-row Model Y in China next month

By cnevpost 04/28/2025 - 02:16 04/28/2025 CnEVPost

Dongfeng Nissan launches N7 all-electric sedan with surprisingly low prices

By cnevpost 04/28/2025 - 01:36 04/28/2025 CnEVPost

The N7 has a starting price range of RMB 119,900 ($16,450) to RMB 149,900, similar to Xpeng’s hot-selling Mona M03.
Orders for the N7 reached 10,138 units about an hour and 40 minutes after its launch.

Avatr launches updated Avatr 11 SUV with higher guide prices

By cnevpost 04/27/2025 - 09:21 04/27/2025 CnEVPost

This comes less than six months after the last update to the Avatr 11 SUV.
The updated Avatr 11 reduced one EREV variant and added one BEV variant.

China Q1 auto imports see rare 39% year-on-year decline

By cnevpost 04/27/2025 - 08:15 04/27/2025 CnEVPost

In the first quarter, China imported 8,870 vehicles from the US, down 66 percent from a year earlier.
In the first quarter, China imported the most vehicles from Japan at 30,517, followed by Germany at 23,695.

BYD Fang Cheng Bao to debut sedan lineup in late 2025, says brand chief

By cnevpost 04/27/2025 - 03:07 04/27/2025 CnEVPost

Fang Cheng Bao will debut its sedan lineup by the end of 2025, with more models in the Tai lineup coming later this year.
In March, Fang Cheng Bao sold 8,051 vehicles, up 126.79 percent year-on-year and 62.91 percent from February.

Xiaomi-backed startup officially launches $31,530 electric sports car

By cnevpost 04/27/2025 - 02:45 04/27/2025 CnEVPost

The SC01’s launch is one of the most low-profile new car launches in China’s auto industry.
With a curb weight of 1,365 kg, the SC01 can accelerate from 0 to 100 km/h in 2.9 seconds.

CPCA expects China Apr NEV retail at 900,000, down 9% from Mar

By cnevpost 04/25/2025 - 13:02 04/25/2025 CnEVPost

Overall passenger car retail sales in April are estimated to be around 1.75 million units, up 14.4 percent year-on-year but down 9.8 percent from the previous month.
The first week of April was the Qingming Festival holiday, while the second week saw windy weather in some parts of China.

CATL buys back shares to support stock price

By cnevpost 04/25/2025 - 12:42 04/25/2025 CnEVPost

CATL bought back RMB 254 million of its shares today, the first of its latest share buyback program.
CATL shares have been down about 9 percent so far this year.

BYD sees Q1 net income double year-on-year

By cnevpost 04/25/2025 - 10:43 04/25/2025 CnEVPost

BYD reported a net income of RMB 9.16 billion ($1.26 billion) in the first quarter, up 100.38 percent year-on-year.
The company’s revenue for the first quarter was RMB 170.36 billion, up 36.35 percent year-on-year.

China aims for BEVs to dominate new car sales by 2035

By cnevpost 04/25/2025 - 10:18 04/25/2025 CnEVPost

This is the first time that a growth target for pure EVs, or BEVs, has been mentioned.
In 2024, BEVs contributed 27.61 percent of China’s passenger car retail sales.

Deutsche Bank on Shanghai auto show: Global brands fight back with Chinese NEV tech

By cnevpost 04/25/2025 - 09:39 04/25/2025 CnEVPost

China’s smart NEV market has been dominated by local brands, but global auto brands have caught up, Deutsche Bank said.
Global auto brands showcased a number of smart NEV products at the ongoing Shanghai auto show.