BYD will launch its fifth-generation DM hybrid technology in May, with a vehicle range expected to exceed 2,000 kilometers. Its 2024 sales are expected to grow by over 20 percent, with overseas sales targeted at 500,000 units. Read more…
Author: cnevpost
CATL reportedly pushing for ‘CATL Inside’ model to regain influence in EV sector
In order to get automakers to accept the “CATL Inside” logo on their vehicles, CATL will offer some concessions like Intel did with its “Intel inside” model, according to local media. Read more…
Nio cuts Q1 delivery guidance to 30,000 units, hints at Mar deliveries of around 11,813
Li Auto lowered its guidance for first-quarter deliveries last week, and Tesla has reportedly reduced EV production at its China factory. Read more…
China’s NEV retail at 490,000 in Mar 1-24, up 84% from same period last month
China’s retail penetration of NEVs was 47.67 percent in the March 1-24 period. Read more…
Geely shows off ‘world’s first’ driverless drifting tech
In a video, a test vehicle performs fully unmanned autonomous driving on snow and ice, as well as autonomous drifting, a performance Geely said is comparable to that of a professional race car driver. Read more…
Nio partners with Geely on EV charging services
EVs from brands including Geely, Lynk & Co, Zeekr, Polestar, and Smart will be able to use Nio’s chargers in their apps’ charging maps. Read more…
GAC Aion starts Hyper HT electric SUV pre-sales in Thailand
Hyper said it plans to build 15 charging stations in Thailand this year and 100 fast-charging stations by 2028. Read more…
Chinese EV battery maker Rept plans to build its 1st overseas plant in Indonesia
Rept’s plant in Indonesia, which could start operations as early as next year, will take advantage of its parent company Tsingshan’s raw materials and infrastructure. Read more…
BYD launches compact electric SUV Yuan Up with starting price of $13,400
BYD offers the Yuan Up in three trim levels, with a range of up to 401 km and the ability to accelerate from 0 to 100 km/h in as little as 7.9 seconds. Read more…
BYD net profit slips in Q4 despite revenue hits record high
A heated price war in China’s NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits. Read more…
China EV sales for week ending Mar 24: Nio 3,000, Xpeng 2,500, Li Auto 7,000, Tesla 13,700
Tesla Model Y sales in China last week were 10,800, Li Mega 1,000 and Xpeng X9 at 800 units. Read more…
China files WTO complaint over US IRA EV incentives
China urges the US to correct discriminatory industrial policies and maintain the stability of the global industrial chain and supply chain of NEVs. Read more…
Xiaomi’s smart driving R&D team to top 1,500 by year-end, says CEO
Smart driving is a key battleground for EVs, and Xiaomi’s goal is to be in the top tier of the industry within 2024, the company’s CEO Lei Jun said. Read more…
Xpeng partners with Thai dealer to tap ASEAN market
Xpeng will launch the right-hand drive version of the G6 in Thailand, Singapore and Malaysia, with deliveries to begin in the third quarter of this year. Read more…
BYD Yuan Up launch event to start at 7 pm Beijing time on Mar 26
The Yuan Up will be the first A0-class all-electric SUV on BYD’s e-Platform 3.0, and will be smaller in size than the Yuan Plus. Read more…
Zeekr starts taking pre-orders for Zeekr X and Zeekr 009 in Thailand
Zeekr will partner with local car distributors, with deliveries of right-hand drive Zeekr vehicles in Thailand set to begin in the third quarter. Read more…
IM Motors says its new L6 model to feature solid-state batteries with over 1,000 km range
The IM L6 will be built on a quasi-900 V high-voltage platform and will be the industry’s first to feature ultra-fast-charging solid-state batteries in a production vehicle, IM Motors co-CEO said. Read more…
Alibaba’s stake in Xpeng drops to 4.94% after latest reduction
Alibaba’s Taobao China completed the sale of 33 million Xpeng ADSs on March 22, according to a Hong Kong stock exchange announcement. Read more…
Xpeng Aeroht applies for type certificate for its modular flying car
Xpeng Aeroht has filed a type certificate application for its modular flying car, which has been accepted by the civil aviation regulator. Read more…
CATL working with Tesla on fast-charging battery cells
CATL is working with Tesla on battery technologies, particularly new electrochemical structures for faster charging, the Chinese battery maker’s chairman said. Read more…
