Xpeng’s two new platforms will see the launch of their respective first models in 2024, complementing the company’s lineup in the RMB 100,000 to RMB 400,000 price range. Read more…
Author: cnevpost
BYD Yangwang to officially launch U9 electric supercar on Feb 25
In the minds of many Chinese residents, February 25 marks the real start of a new year’s work. Read more…
BYD mulls EV plant in Mexico
BYD is considering setting up an EV plant in Mexico as it seeks to establish an export hub to the US, Nikkei reported. Read more…
JAC says its luxury EV built with Huawei expected to hit market in 2025
JAC and Huawei will collaborate to build a luxury smart EV that is expected to hit the market in 2025, the automaker said. Read more…
Xpeng’s next B-class sedan to begin production in Q3, supplier says
Earlier this week local media reported that Xpeng will launch a sedan codenamed F57 later this year, which will be a notch above the company’s current flagship sedan, the P7 series. Read more…
Tesla sells 39,881 cars in China in Jan, exports 31,566 from Shanghai plant
Tesla’s share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December. Read more…
China’s NEV retail at 668,000 in Jan, down 29.5% from Dec
China’s NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December. Read more…
Li Auto to report Q4 earnings on Feb 26
Li Auto delivered a record 131,805 vehicles in the fourth quarter, with the lowest-priced Li L7 contributing 40 percent. Read more…
Geely Auto inks deal to purchase Zeekr cars for resale in Mexico
At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto said. Read more…
Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%
As a comparison, CATL and BYD’s shares in 2022 were 36.2 percent and 13.9 percent, respectively. Read more…
China Jan EV battery installations: CATL share 49.41%, BYD 18.58%
CATL’s share of China’s EV battery market increased by 4.93 percentage points in January from December, while BYD’s share decreased by 4.37 percentage points. Read more…
China’s NEV retail sales down 29% MoM to 670,000 in Jan, preliminary CPCA data show
This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December. Read more…
Nio announces board change, 2 CYVN appointees join
Nio today announced changes to its board of directors, with two people appointed by CYVN Holdings joining and one person appointed by Tencent dropping out. Read more…
China sells 729,000 NEVs in Jan, 39% lower than Dec, CAAM data show
In January, China sold 445,000 BEVs, 46.06 percent lower than in December, and 284,000 PHEVs, 21.98 percent lower than in December. Read more…
BYD to launch high-level smart driving feature at end of Mar, report says
The first availability of BYD’s city pilot assisted driving feature will be March 30, and the Denza N7 will be the first model to be able to use it, according to local media. Read more…
Li Auto gives employees big year-end bonuses for exceeding target in 2023
Li Auto CEO said the company is learning from Huawei’s management process and benefit sharing system. Read more…
Xpeng to launch new sedan codenamed F57 in H2, set to ditch LiDAR, report says
The F57’s smart driving system will remove LiDAR in favor of a pure vision solution and use 3D millimeter-wave radars, according to local media. Read more…
China EV insurance registrations for week ending Feb 4: Nio 3,100, Xpeng 2,700, Li Auto 7,200, Tesla 10,600
Most of the major EV makers saw insurance registrations fall last week, as the beginning of the month is usually a low point for deliveries. Read more…
Nio Capital closes over RMB 3 billion in new fundraising
Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion. Read more…
Nio Alps’ 1st model to begin trial production in Jul, aims for tens of thousands of sales in 2024, report says
Nio has an aggressive target for the first model of Alps codenamed DOM, despite the short delivery window available during the year, according to the local media. Read more…
