Nio Inc delivered a record 72,689 vehicles in the fourth quarter, within its guidance range of 72,000 to 75,000 vehicles.
Nio had previously guided fourth-quarter revenue to be in the range of RMB 19.68 billion ($2.7 billion) to RMB 20.38 billion.
Author: cnevpost
Li Auto says Li i8 electric SUV has completed over 8 million km of road tests
Li Auto said the Li i8 has completed two winters and two summers of durability and performance validation in 300 Chinese cities.
Starting March 10, Li i8 test cars wrapped in light camouflage will begin nationwide testing.
China NEV sales at 892,000 in Feb, down 5.5% from Jan, CAAM data show
China sold 544,000 BEVs in February, up 85.1 percent year-on-year but 5.2 percent lower than in January.
PHEV sales in February were 348,000 units, up 90.3 percent year-on-year but 5.95 percent lower than in January.
China EV insurance registrations for week ending Mar 9: Nio 1,930, Onvo 1,060, Tesla 13,800, Xiaomi 6,200, BYD 57,400
Xpeng was 8,500 units, Li Auto 2,600, Zeekr 3,100, Leapmotor 5,900, Aito 2,600. Read more…
Geely Galaxy launches updated LEVC L380 MPV at lower prices
The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
Geely Galaxy launches updated LEVC L380 MPV at lower prices
The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its positive quarterly bottom line since inception.
Leapmotor said it achieved the profitability goal one year ahead of schedule, making it the second of China’s new car-making forces to do so.
Leapmotor starts pre-sales of B10 SUV, brings LiDAR to $15,000 model
The Leapmotor B10 secured over 15,010 pre-orders one hour after the start of pre-sales, with the LiDAR-equipped variants accounting for 73 percent of the total.
The official launch of the B10 will be in April, and Leapmotor is targeting monthly sales of at least 40,000 B-series models.
China Feb NEV retail at 686,000, down 7.8% from Jan
Retail sales of BEVs in February were 427,000 units, up 94.4 percent year-on-year and up 1.7 percent from January.
Combined retail sales of PHEVs and EREVs were 259,000 in February, up 53.86 percent year-on-year but down 20.31 percent from January.
Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost controls and multiple functions will be downsized based on full-year targets.
The new mechanism requires every penny invested to be heard back, said a source close to Nio’s management.
Exclusive: Recent William Li ‘interview’ was outdated info from last Dec
A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024. Read more…
Tesla sells 26,777 cars in China in Feb, exports 3,911 from Shanghai plant
Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.
In the January-February period, Tesla’s retail sales in China amounted to 60,480 units, down 13.63 percent year-on-year.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
Farasis unveils battery tech that supports 6C ultra-fast charging
Farasis said its 6C ultra-fast charging technology allows LFP batteries to charge from 10 percent to 80 percent in 8.55 minutes.
Farasis said its design significantly improves the heat dissipation area by up to 4.8 times on 6C LFP batteries.
BYD Denza to officially launch N9 on Mar 21 to target luxury SUV market
Denza began pre-sales of the N9 on February 21, with a pre-sales price range of RMB 450,000 ($62,000) to RMB 550,000.
The N9 is a six-seat hybrid SUV with a length, width and height of 5,258 mm, 2,030 mm and 1,830 mm, respectively, and a wheelbase of 3,125 mm.
Xpeng to officially launch updated G6 and G9 SUVs on Mar 13
Xpeng will officially launch the 2025 G6 and G9 at its spring event on March 13.
The updated G6 is a model developed for the global market and would be offered in left- and right-hand drive versions.
Zeekr teases full-size SUV 9X, its 1st hybrid model
Zeekr will showcase the Zeekr 9X at the Shanghai auto show in late April, with deliveries of the model scheduled to begin in the third quarter of 2025.
Zeekr also announced the Zeekr 9X Grand, which could be priced at more than RMB 1 million ($137,840).
Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Chinese customers buying the Xiaomi SU7 are now facing longer delivery waits than when the model was launched.
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Chinese customers buying the Xiaomi SU7 are now facing longer delivery waits than when the model was launched.
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
