Morgan Stanley said it sees multiple inflection points in CATL’s fundamentals and upgraded the company to Overweight. Read more…
Author: cnevpost
Nio starts hiring store managers for sub-brand in China
Nio lists 53 available positions for “New Strategic Business,” with store managers and human resources specialists making up the bulk of the roles. Read more…
Updated Zeekr 001 gets over 15,000 firm orders in first 10 days after launch
An Zeekr executive expected the updated Zeekr 001 to receive more than 30,000 firm orders within the first month of availability. Read more…
Leapmotor begins deliveries of C10 SUV in China
Leapmotor launched the C10 in China on March 2, its first global model, which will be sold in overseas markets starting in the third quarter of this year. Read more…
FAW’s Hongqi brand to launch all-electric sedan EH7 on Mar 20
The Hongqi EH7 is a mid-to-large-sized sedan based on the FME platform, and is the first pure-electric sedan built by the Hongqi brand based on the platform. Read more…
Li Mega review: It’s a head-turner, questions remain on high price
The Li Mega has a strange futuristic presence. It’s a head-turner. Questions remain if the high price will turn consumers away in the long run. Read more…
Nio begins deliveries of 2024 models
Deliveries of 2024 ES8, EC7, ES6, EC6 and ET5 Touring models began on March 8 in several cities in China. Read more…
Baidu-backed Jiyue starts offering car-buying incentives as China’s EV price war rages on
Jiyue is offering a 3-year interest-free loan program for the Jiyue 01, which it said will save customers up to RMB 23,659. Read more…
Li Auto aims to have over 5,000 supercharging stations by 2025
Over the next few years, Li Auto will invest more than RMB 6 billion in building supercharging stations, it said. Read more…
Xpeng Aeroht’s X2 flying car flies over Guangzhou’s central city for 1st time
The flight validated that Xpeng Aeroht’s products can meet the demands of use in complex urban environments, the company said. Read more…
China’s NEV retail at 388,000 in Feb, down 42.1% from Jan
Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January. Read more…
Tesla sells 30,141 cars in China in Feb, down 24.4% from Jan
In the January-February period, Tesla’s retail sales in China amounted to 70,022 units, up 15.23 percent year-on-year. Read more…
Nio says NOP+ assisted driving feature coverage expands to 726 cities
To date, NOP+ has completed more than 1 million kilometers of road verification, Nio said. Read more…
Neta expects its Indonesian plant to see 1st car off line on Apr 30
Neta has already started production at its factory in Thailand and is building its third overseas plant in Malaysia. Read more…
Polestar cuts Polestar 4’s price in China by $8,340, but only for 100 units
In addition to the limited-time discount, Polestar is also offering other limited-time benefits for the Polestar 4 including free upgrades to the smart driving suite. Read more…
Xpeng CEO asks execs to have 5,000 km of hands-on experience before flying cars go on sale
Xpeng’s CEO believes the low-altitude economy will begin to make inroads into people’s lives next year and the year after that, and will see it grow larger and larger over the next 5 to 20 years. Read more…
Li Auto to launch all-electric SUV Li M6 to take on Tesla Model Y, report says
Li Auto is expected to start delivering the Li M6 BEV in March 2025, with a delivery target of 200,000 units in the first year of launch, according to local media. Read more…
Neta to start deliveries of new SUV Neta L in Apr
The Neta L will be available in EREV and BEV versions and will feature CATL’s ultra-fast charging-enabled Shenxing Battery. Read more…
BYD Denza reveals strong D9 MPV orders while Li Auto silent on Li Mega
Denza said the 2024 D9 received 11,287 firm orders in the first 12 hours after its launch. Li Auto, on the other hand, has not announced orders for the Li Mega, and its shares have been down about 18 percent since the MPV’s launch. Read more…
Leapmotor’s JV with Stellantis gets approval from Chinese regulator, report says
A Chinese regulator has given its approval for Leapmotor’s joint venture with Stellantis, with the deal still awaiting regulatory approval in other markets, according to Reuters. Read more…
