Pony.ai plans to set up a joint venture with South Korea’s GemVaxLink in Seoul within the year, which will deploy a fleet of autonomous vehicles in Seoul in the initial phase. Read more…
Author: cnevpost
China’s Feb NEV wholesale at 450,000, down 34% from Jan, CPCA estimates show
February sales in China’s auto market are expected to be the lowest of the year, the CPCA said. Read more…
Tesla sells 60,365 China-made cars in Feb, down 15.5% from Jan
Tesla saw a further decline in China-made vehicles sold last month, likely due to the impact of the Chinese New Year holiday on production at its Shanghai plant. Read more…
BYD launches updated Yuan Plus with 12% lower starting price
The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name. Read more…
Nio’s William Li asks potential Tesla Model Y buyers to wait for Alps’ 1st model
Those who have been looking to buy a Model Y lately can wait a little while, as Alps’ first model is certainly cheaper, said Nio’s William Li. Read more…
Nio, EV-Tech sign deal on parts for high-voltage system
Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio’s STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio’s second brand expected to begin in 2025. Read more…
Xpeng extends $2,780 discount for G6
The discount is a continuation of a February offer that lowered the G6’s starting price to 189,900 yuan. Read more…
GAC Aion adds new trim to Aion Y Plus, drops price by 17%
The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price. Read more…
Nio says its NOP+ assisted driving feature works nationwide in China, recruits 1st 100 testers
Nio’s latest NOP+ could be used outside of Greater China, further demonstrating its algorithm’s ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said. Read more…
Leapmotor launches new SUV C10 with prices starting at $17,900, updates existing models with lower prices
The Leapmotor C10’s official pricing is significantly lower than it was at pre-sale, and updated versions of existing models see price cuts across the board. Read more…
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets. Read more…
BYD Feb sales breakdown: Song 35,273 units, Qin 16,191
The Yangwang brand delivered 780 vehicles and Fang Cheng Bao 2,310 vehicles in February. Read more…
Li Auto officially enters BEV segment with Li Mega launch; rolls out updated L-series models
Li Auto reiterated the company’s confidence that the Li Mega will be the top seller in the car market with a price tag of more than RMB 500,000 yuan. Read more…
BYD sells 122,311 NEVs in Feb, down 39% from Jan
BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions. Read more…
Nio delivers 8,132 cars in Feb, down 19% from Jan
The Chinese New Year holiday caused disruption, and potential customers’ wait-and-see ahead of the 2024 models may also have had an impact. Read more…
Xpeng delivers 4,545 cars in Feb, down 45% from Jan
This article is being updated, please refresh later for more content. Read more…
BYD launches updated Song Pro DM-i with $2,780 price cut
The updated Song Pro DM-i continues to be offered in five variants, all with a price cut of RMB 20,000 to a starting price of RMB 109,800 yuan. Read more…
Li Auto delivers 20,251 cars in Feb, down 35% from Jan
Li Auto said it is targeting a rebound to 50,000 monthly deliveries in March. Read more…
Nio earnings preview: Here’s what to watch for Q4 2023 report
Focus will mostly be on the gross margin, and Nio management’s guidance for first-quarter deliveries are expected to be weak. Read more…
ClearMotion opens factory in China, production of suspension products for Nio ET9 to start soon
The opening of the facility marks the imminent start of production of ClearMotion1, an active suspension product that will be fitted to the Nio ET9, ClearMotion said. Read more…
