Nio’s battery swap system will go from private domain exclusive service to public service and is expected to turn a profit, local media said. Read more…
Author: cnevpost
Factbox: What brands are under Geely umbrella
Geely Holding Group is one of China’s largest car companies, operating in eight sectors and owning dozens of brands. Read more…
Nio battery swap alliance adds Geely as new member
Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap. Read more…
Nvidia expanding its autonomous driving team in China
Nvidia has posted a job ad for its autonomous driving China team, led by former Xpeng smart driving chief Wu Xinzhou. Read more…
Nio starts displaying vehicles at used car trading platform Uxin’s outlets to reach more customers, report says
Nio has started displaying vehicles at used car trading platform Uxin’s offline outlets to open up new sales channels and increase sales exposure and reach, according to local media. Read more…
Huawei launches Luxeed S7 electric sedan with up to 855 km range
The Luxeed S7 is an all-electric mid to large-size sedan model with a starting price of RMB 249,800, or $34,920. Read more…
Tesla opens more chargers to other brands of EVs in China
To date, Tesla has opened more than 350 Supercharger stations and more than 260 destination charging stations to other brands in the Chinese mainland. Read more…
China EV insurance registrations for week ending Nov 26: Nio 3,300, Xpeng 4,400, Li Auto 9,400, Tesla 16,700
From November 1 to November 26, Nio was 12,700, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000 units. Read more…
Tesla offers $1,120 insurance subsidy for basic Model 3 and Model Y inventory cars in China
Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month. Read more…
BYD starts exporting lithium batteries from China by air transportation
The export of lithium batteries using air transportation is very rare and difficult, as the product is classified as dangerous goods. Read more…
Tesla raises starting price of Model Y Long Range in China again by about $280
This is Tesla’s seventh price hike in China in the past month, although each time it’s for a different model. Read more…
Changan aims to get its Thailand plant into production by Q1 2025
Changan’s production facility in Thailand will introduce models from sub-brands Deepal, Avatr, and Qiyuan, with an annual capacity of 100,000 units in the first phase. Read more…
Huawei-backed Aito says new M7 gets over 100,000 firm orders in less than 3 months from launch
The production capacity target for the new Aito M7 has been raised to an average of 700 units per day, with a maximum annual capacity of 200,000 units, according to local media. Read more…
Changan’s NEV unit Deepal aims to sell 450,000 vehicles globally in 2024
Deepal delivered 15,513 vehicles in October, taking January-October deliveries to 102,417 vehicles. Read more…
Zeekr says its 007 sedan gets over 25,000 pre-orders in 9 days
The Zeekr 007 will be officially launched and begin deliveries in early January 2024 with a pre-sale starting price of RMB 229,900 yuan. Read more…
Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said. Read more…
Great Wall Motor to enter more European countries, plans to build local R&D center, report says
After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media. Read more…
China state paper article says it’s unwise to ‘blindly downplay’ battery swap model
As NEV ownership rises rapidly, battery swap may be the way to go when the load of residential charging struggles to meet demand, said an opinion piece in Economic Daily. Read more…
Changan, Huawei sign MoU to set up JV that aims to be world’s leading parts supplier
Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake. Read more…
Neta enters Costa Rica’s auto market, aims to reach 100,000 overseas sales in coming year
Neta plans to expand its global network coverage to 50 countries and reach 500 overseas sales and service outlets by 2024. Read more…
