BYD is pushing ahead with the construction of 4,000 1,000-kW flash charging stations, with the first batch of about 500 ready for use in early April.
The 1-MW flash charging can add 400 kilometers of range to a vehicle in five minutes.
Author: cnevpost
CATL’s planned HK listing gets green light from Chinese mainland securities regulator
CATL received approval from the Chinese mainland securities regulator to move forward with its planned listing on the main board of the Hong Kong Stock Exchange.
CATL’s Hong Kong listing will raise at least $5 billion and will be the city’s biggest in four years.
Tesla drops ‘FSD’ from name of its smart driving software in China
Tesla has changed the name of its software package priced at RMB 64,000 ($8,820) in China to one that does not include the word “FSD”.
It recently suspended the planned one-month free trial of FSD, as the software needs to complete the necessary approvals.
BYD aims to sell 5.5 million cars in 2025, report says
BYD’s sales target for 2025 is 5.5 million vehicles, including more than 800,000 in overseas markets, according to local media.
BYD’s brand sales growth target is within 10 percent, and the other three higher-end sub-brands target higher growth rates.
BYD officially launches compact electric SUV Sealion 05 EV, starting at $16,230
The Sealion 05 EV has a CLTC range of up to 520 km and comes standard with the God’s Eye C smart driving system.
The Sealion 05 EV further enriches BYD’s Sealion family of products, which also includes the Sealion 07 EV and Sealion 05 DM-i.
Lynk & Co starts pre-sales of Lynk & Co 900 large SUV, priced from $45,460
The Lynk & Co 900 is Lynk & Co’s largest vehicle to date, measuring 5,240 mm in length, and will be officially launched in late April.
The Lynk & Co 900 is expected to compete with large SUVs such as the Aito M9, Li L9, and Denza N9.
Avatr officially launches Avatr 012 luxury sedan, priced from $96,420
The four-seat Avatr 012 is based on the Avatr 12 electric sedan and is limited to 700 units worldwide, targeting high-end groups that value fashion.
The Avatr 012 uses CATL’s Qilin Battery, supports 5C charging, and has a CLTC range of 650 km.
Avatr officially launches Avatr 012 luxury sedan, priced from $96,420
The four-seat Avatr 012 is based on the Avatr 12 electric sedan and is limited to 700 units worldwide, targeting high-end groups that value fashion.
The Avatr 012 uses CATL’s Qilin Battery, supports 5C charging, and has a CLTC range of 650 km.
Xpeng has planned at least 5 EREVs, report says
Xpeng’s first EREV model will be developed based on the X9 MPV and will go into mass production in the second half of this year, according to local media.
Xpeng announced the Kunpeng extended-range system on November 16, 2024, marking an important strategic shift.
Neta reportedly strikes deal to turn some creditors into shareholders
Neta has reached a debt-to-equity swap agreement with 134 core suppliers worth more than RMB 2 billion ($275 million) to prepare for the resumption of production, according to local media.
Due to its high debt, potential investors want Neta to reduce its debt before they are willing to provide new investment.
Li Auto says it sold 8,600 cars last week
After suspending the sharing of weekly insurance registration data last week in response to CAAM’s call, Li Auto has resumed publishing the data, but only its own.
Li Auto’s sales last week increased 8.86 percent from the previous week’s 7,900 units.
Zeekr shares teaser video of hybrid SUV 9X, hinting at strong powertrain performance
The Zeekr 9X can accelerate from 0 to 100 km/h in less than 4 seconds, the EV maker said.
The Zeekr 9X will be officially unveiled at the Shanghai auto show in April and officially launched in the third quarter.
BYD reports record Q4 net income as NEV sales soar
BYD’s net income in the fourth quarter was a record RMB 15.02 billion ($2.07 billion), as NEV sales reached an all-time high.
BYD’s revenue in 2024 exceeded $100 billion for the first time, surpassing Tesla.
William Li talks about Nio’s product roadmap, profitability prospect in wide-ranging interview
The Nio main brand will have a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.
Li once again emphasized that Nio will achieve profitability in the fourth quarter, otherwise it will be a major test of its business model.
William Li talks about Nio’s product roadmap, profitability prospect in wide-ranging interview
The Nio main brand will have a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.
Li once again emphasized that Nio will achieve profitability in the fourth quarter, otherwise it will be a major test of its business model.
Nio Firefly has been targeting global markets from day 1, says president
The Firefly project was set up with a view to the global markets rather than focusing on a single market.
This is not just a consideration from the perspective of sales potential, but the times have changed, the president of Firefly said.
Huawei, SAIC plan to officially launch joint brand on Apr 10, report says
Huawei and SAIC’s joint brand Shangjie will be officially launched on April 10, when more information about the brand and its products is expected to be released, according to local media.
Shangjie will be the fifth brand under Huawei’s HIMA business after Aito, Luxeed, Stelato, and Maextro.
CPCA expects China Mar NEV retail sales to rebound to 1 million units
The CPCA expects China’s NEV retail sales to rebound to 1 million units in March, with penetration rising to 54.1 percent.
Overall retail sales of passenger cars in March are expected to be around 1.85 million units, a year-on-year increase of 9.1 percent and a month-on-month increase of 33.7 percent.
BYD launches Qin L EV electric sedan with smart driving features, starting at $16,530
The BYD Qin L EV is similar in size to the Tesla Model 3, but costs only half as much.
The BYD Qin L EV comes standard with the free God’s Eye C smart driving system and a CLTC range of up to 545 km.
BYD Denza officially launches N9 to gain share in large luxury SUV market
The Denza N9 will compete in the large luxury SUV segment with Li Auto’s Li L9 and Aito’s M9.
It is powered by BYD’s e3 technology and can accelerate from 0 to 100 km/h in 3.9 seconds.
