The lady, who protested by getting on top of a Tesla show car during the 2021 Shanghai auto show, was ordered to apologize to Tesla and pay damages of RMB 172,275 ($23,810) in a first instance ruling. Read more…
Author: cnevpost
Tesla preparing to register FSD with Chinese authorities, report says
Tesla will be able to let its employees test its FSD internally on public roads once it successfully registers it with Chinese authorities, and then offer it as an upgrade to Chinese users in the coming months, according to Reuters. Read more…
BYD’s 1st showroom in Saudi Arabia opens
BYD said it has built up a team of more than 100 people in Saudi Arabia and will open more stores there. Read more…
Xiaomi denies as rumors swirl that it plans to acquire stake in Evergrande NEV
Earlier today, rumors spread that Xiaomi EV was planning to acquire a 58.5 percent stake in Evergrande NEV in order to use the latter’s existing factories to address its capacity issues. Read more…
Great Wall Motor to close European headquarters, report says
Great Wall Motor plans to close its European headquarters in Munich at the end of August and fire all of the 100 or so local employees, according to a German media report. Read more…
IM Motors plugs into Nio’s charging network
IM Motors has become the second EV maker to connect to Nio’s charging network this month after GAC Aion’s Hyper brand. Read more…
China NEV retail at 574,000 in May 1-26, up 2% from same period last month
China’s retail penetration of NEVs stood at 47.51 percent in May 1-26, and 39.93 percent year-to-date. Read more…
Morgan Stanley cautions of possible new price competition following BYD’s launch of 5th-gen DM tech and new models
“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said. Read more…
China may devote about $830 million to support all-solid-state battery R&D, report says
Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily. Read more…
BYD launches Qin L, Seal 06 hybrid sedans, both with 5th-gen DM tech
The Seal 06 DM-i and Qin L DM-i are the first two models to feature BYD’s fifth-generation DM technology, both available in five variants and with a price range of RMB 99,800 ($13,770) to RMB 139,800. Read more…
BYD launches 5th-gen DM hybrid tech with lower fuel consumption
BYD’s fifth-generation DM technology allows the vehicle to consume as low as 2.9 liters of fuel per 100 kilometers at low charge, with a combined range of up to 2,100 kilometers. Read more…
China EV insurance registrations for week ending May 26: Nio 5,400, Tesla 13,100, BYD 55,000, Xiaomi 2,700
Xpeng was 1,900 last week, Li Auto 8,600, Zeekr 4,600. Read more…
Neta says Neta L SUV gets over 30,000 orders after 35 days of launch
Deliveries of the Neta L have been delayed as 95 percent of customers opted for the highest priced variant. Read more…
Xpeng Mona’s 1st model spotted without camouflage
Xpeng management said earlier this month that Mona’s first model will be unveiled in June and will go on sale and begin deliveries in the third quarter. Read more…
Nio delivers 200,000th ES6 in China
By the end of April, cumulative deliveries of the ES6 stood at 195,562 vehicles, contributing 39.5 percent of Nio deliveries. Read more…
BYD reaches 100 dealer stores in Brazil
BYD plans to increase the number of its dealer stores in Brazil to 250 by the end of 2024. Read more…
Xiaomi SU7 entry variant gets random CATL, BYD batteries as part of efforts to boost capacity
Xiaomi has added CATL batteries to the standard variant of the SU7 instead of just BYD batteries as it did earlier to boost capacity. Read more…
Tesla lures Chinese customers with free tour of Fremont factory
Chinese customers who complete their vehicle deliveries between May 25 and June 30 will have the chance to win a free tour of Tesla’s Fremont factory in the US. Read more…
CATL, Neta sign 10-year strategic partnership deal
The two companies have agreed to engage in a comprehensive strategic partnership from 2025-2034, with Neta making CATL its preferred partner for vehicle power batteries. Read more…
Tesla cuts Model Y production in Shanghai by at least 20% in Mar-Jun, report says
The production cut is aimed at addressing weakening demand for Tesla’s aged model in China, Reuters said. Read more…
