Excluding exports, domestic NEV sales in April were 736,000 units, up 37.31 percent year-on-year but down 2.9 percent from March. Read more…
Author: cnevpost
Nio Onvo’s mobile app goes live, 1st promo video reveals glimpse of L60
Nio will officially launch the Onvo brand on May 15 at 7:30 pm Beijing Time, when the event will be streamed live in video. Read more…
Zeekr debuts on NYSE, raises $441 million
Zeekr’s final pricing sits at the upper end of the range at $21 per ADS, valuing the company at about $5.13 billion, half of Nio’s value. Read more…
BYD launches e-Platform 3.0 Evo and new model Sea Lion 07 EV
The e-Platform 3.0 Evo brings higher integration and enhanced performance. The Sea Lion 07 EV starts at RMB 189,800 ($26,270) and will begin deliveries this month. Read more…
China NEV retail falls to 674,000 in Apr, penetration reaches record 43.7%
The NEV segment fared better than the overall automotive market, while PHEVs outperformed BEVs. Read more…
Tesla’s Apr sales in China halve from Mar to 31,421 units
In the January-April period, Tesla sold 163,841 units in China, down 7.64 percent year-on-year. Read more…
Avatr teases new model Avatr 07, pivots to EREVs to boost sales
The Avatr 07 will be Avatr’s third model after the Avatr 11 SUV, Avatr 12 sedan and will be its first model that will be offered in both BEV and EREV variants. Read more…
Chery’s Exeed brand launches Sterra ET SUV, targeting both BEV and EREV markets
The Sterra ET SUV is the second model in Exeed’s Sterra lineup after the Sterra ES sedan, with a starting price of RMB 189,800 ($26,280). Read more…
US poised to unveil tariffs on Chinese EVs next week, report says
The US government is set to impose new, targeted tariffs on some key sectors, including Chinese EVs, batteries and solar equipment, according to Bloomberg. Read more…
BYD Yangwang to showcase U9 supercar at Goodwood Festival of Speed in UK
Two Yangwang U9s left for the UK on May 7 and will participate in the Goodwood Festival of Speed 2024 from July 11-14. Read more…
Skyworth Auto signs $1.38 billion deal with Saudi Arabia’s KAG
Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia’s KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion). Read more…
Nio, GAC Aion’s Hyper brand to interconnect charging network by end of May
Previously, companies including SAIC, Jiyue, Geely Automobile Holdings and Deepal have announced access to Nio’s charging network. Read more…
Tesla ramps up layoffs in China, report says
Tesla is escalating the scale of layoffs in China, with more cuts starting earlier this week, extending mid-April cuts, according to Bloomberg. Read more…
BYD Qin L with next-gen DM-i hybrid tech expected to hit market on May 29, report says
The Qin L DM-i is expected to be priced around RMB 120,000 ($16,610) to RMB 150,000, according to local media. Read more…
BYD’s sodium battery joint venture formed
The joint venture is 51 percent owned by BYD’s battery unit FinDreams, with local conglomerate Huaihai holding the remaining 49 percent. Read more…
Dongfeng’s electric off-road brand M Hero to export cars to Middle East
M Hero will soon export the M-917 off-road vehicle to the Middle East, which was previously launched in Switzerland. Read more…
Nio to officially launch Onvo brand on May 15, debut model to take on Tesla Model Y
Onvo’s first model, the Onvo L60, will take on the Tesla Model Y, targeting the market for smart, all-electric SUVs for families in the RMB 250,000 yuan ($34,600) class, Nio said. Read more…
Nio’s 500,000th production car rolls off line at F2 plant
Nio’s 500,000th production vehicle is an ES8, which began first deliveries in June 2018. Read more…
Xpeng announces entry into Australia, G6 to make local debut by Q4
Xpeng has entered into a partnership with Australia’s TrueEV, which will be its sole importer, distributor and retailer in the country. Read more…
Toyota may adopt BYD’s DM-i hybrid tech in China, report says
One of the key reasons why Toyota is leaning towards adopting BYD’s DM-i technology is that it is less expensive and relatively mature, according to local media. Read more…
