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.
Author: cnevpost
Nio Q4 2024 earnings call: Live updates
This post provides live updates on the key takeaways from Nio’s fourth-quarter 2024 earnings call. Read more…
Nio reports higher net loss in Q4, gross margin improves
Nio’s net loss in the fourth quarter was RMB 7.11 billion ($974 million), an increase of 32.5 percent compared to the fourth quarter of 2023 and an increase of 40.6 percent compared to the third quarter of 2024. Read more…
Tesla China ships 1st Megapacks produced at Shanghai Megafactory overseas
The first Megapacks made in Shanghai set sail today for export to Australia.
A single Megapack can store about 3,900 kWh of electricity, equivalent to the battery capacity of 62 Model 3 rear-wheel drive cars.
BYD enters Serbia with multiple NEV models
BYD has launched four pure electric models and one hybrid model in Serbia.
More models will arrive in Serbia in due course, BYD said.
Li Auto starts taking pre-orders for updated Li Mega MPV, deliveries to begin in May
Pre-order price for updated Li Mega is the same as its predecessor, but with an upgrade of the smart driving chip from two Nvidia Orin-X chips to a single Thor-U chip.
The model will support Li Auto’s next-generation autonomous driving architecture, MindVLA.
2025 Shanghai auto show to start accepting media registrations on Mar 21
Media reporters can register online for Auto Shanghai 2025 after 9 am Beijing time on March 21, and the deadline is 8 pm on April 20.
The show will be held from April 23 to May 2, with April 23-24 being press days.
Huawei, BAIC joint brand Stelato starts pre-sales of S9 EREV, priced 20% lower than BEV variant
Pre-sales for the Stelato S9 EREV start at RMB 318,000 ($43,900), 20.46 percent lower than the starting price of the BEV variant.
The Stelato S9, like the Aito M9, is the flagship model of Huawei’s HIMA business, but its sales performance is far less impressive than that of the latter.
CATL to up its bet on Mirattery, Nio’s battery asset operator, report says
CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.
CATL is one of the founding shareholders of Mirattery, currently holding a 10.68 percent stake.
Huawei-backed Aito launches updated M9 SUV with 4 LiDARs
The updated Aito M9 starts at RMB 469,800 ($64,860), the same as its predecessor.
The model adds three LiDARs to better identify low obstacles.
Huawei-backed Aito launches M5 Ultra SUV with lower prices and LiDAR as standard
The M5 Ultra starts at RMB 229,800 yuan ($31,720), a reduction of 20,000 yuan, or 8.01 percent, from its predecessor.
The M5 Ultra includes one BEV variant and two EREV variants, and scale deliveries will begin on April 3.
Huawei-backed Aito launches M5 Ultra SUV with lower prices and LiDAR as standard
The M5 Ultra starts at RMB 229,800 yuan ($31,720), a reduction of 20,000 yuan, or 8.01 percent, from its predecessor.
The M5 Ultra includes one BEV variant and two EREV variants, and scale deliveries will begin on April 3.
Nio to open NWM trial in Apr, eyes on if that can help regain clout in smart driving
Nio will open the NWM to early adopters for trial in early April, and ET9 is expected to see an update to the smart driving system to NWM at the end of June.
Nio seems to have focused its efforts on NWM in the field of smart driving over the past year, as local peers have launched end-to-end-based solutions.
Regulatory filing: BYD files for hybrid Seal 06 wagon
The Seal 06 wagon is slightly larger than the Seal 06 DM-i hybrid sedan, which starts at RMB 99,800 ($13,800).
In January-February, the Seal family sold 62,013 vehicles, contributing 9.95 percent of BYD’s NEV sales for the same period, according to data compiled by CnEVPost.
Zeekr reports significantly lower net loss and record gross margin in Q4
Zeekr reported a net loss of RMB 821 million ($112 million) in the fourth quarter, a year-on-year decrease of 72.1 percent and a quarter-on-quarter decrease of 28.0 percent. Read more…
Nio opens test drives of ET9, deliveries to begin on Mar 29
Nio today began allowing general visitors to test drive its executive flagship sedan ET9, with deliveries to begin on Mar 29.
Customers who pay a deposit to purchase an ET9 on or before April 30 will receive upgraded benefits.
Regulatory filing: Li Auto files for updates to existing models with smaller LiDAR
Li Auto’s updated models use smaller LiDARs, which are also available for variants equipped with the AD Pro smart driving solution.
Li Auto will update existing models in May, focusing on upgrades to smart driving hardware.
Xpeng plans to award CEO 28.5 million shares, with stock performance-related conditions
Xpeng CEO He Xiaopeng can unlock the full award if the company’s Hong Kong-traded share price rises to HK$750 from the current HK$89.55 within 10 years.
The total value of the proposed grant is about HK$2.55 billion ($328 million) based on today’s closing price.
China NEV retail at 427,000 in Mar 1-16, up 63% from same period last month
So far this year, cumulative retail sales of passenger NEVs in China were 1,853,000 units, up 36 percent year-on-year.
China’s NEV penetration at retail was 55.31 percent from March 1-16 and 46.94 percent year-to-date.
Xiaomi plans to expand Beijing EV factory, report says
Xiaomi began building a second factory on a 53-hectare site in Beijing last year, and the latest expansion will see the plant occupy an adjacent plot of about 52 hectares, according to Bloomberg.
Xiaomi yesterday raised its 2025 vehicle delivery target to 350,000 units from 300,000 units previously.
