The Seal 06 GT is an all-electric mid-size sedan based on BYD’s latest all-electric platform, the e-Platform 3.0 Evo. Read more…
Author: cnevpost
Baidu-backed Jiyue to launch Jiyue 07 sedan on Sept 10
Jiyue will hold a launch event on August 28 about smart driving using end-to-end AI technology and will launch the Jiyue 07 sedan on September 10. Read more…
Neta S shooting brake to be 1st model based on CATL’s skateboard chassis
The 800 V version of the Neta S shooting brake BEV will be based on CATL’s CIIC, the first model in the world to use the skateboard chassis. Read more…
CPCA expects China’s Aug NEV retail at 980,000, with record 53.2% penetration
China’s NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent. Read more…
Nio to report Q2 2024 earnings on Sept 5
Nio delivered a record 57,373 vehicles in the second quarter, exceeding the upper end of its guidance range of between 54,000 and 56,000 vehicles. Read more…
Xiaomi to launch SU7 Ultra production edition in Q1 2025, says CEO
The production version of the SU7 Ultra, the most capable variant of Xiaomi’s SU7, will be launched in the first quarter of 2025, Xiaomi CEO Lei Jun said. Read more…
Nio emerges as surprise winner as Chinese video game ‘Black Myth: Wukong’ becomes global hit
As Black Myth: Wukong becomes a global hit, images of a character resembling Nio’s CEO have been widely circulated, giving Nio unexpected exposure. Read more…
Avatr kicks off Avatr 012 pre-sales: Starts at $98,110, limited to 700 units
The Avatr 012 is Avatr’s second limited-edition model, based on the Avatr 12 electric sedan with different features to emphasize its more premium positioning. Read more…
China NEV retail at 490,000 in Aug 1-18, up 27% from same period last month
China’s NEV retail penetration rate was 54.02 percent in August 1-18, and 43.92 percent year-to-date. Read more…
Zeekr to launch hybrid model in H2 2025 in major strategy shift
Zeekr will launch a flagship SUV in the second half of 2025 that will offer a variant with a new electric-hybrid powertrain technology, its CEO said. Read more…
Xiaomi formally sets 2024 car delivery target of 120,000, reveals EV business financial performance for 1st time
In the second quarter of 2024, Xiaomi’s innovative businesses, including smart EVs, generated total revenue of RMB 6.4 billion ($900 million), with a gross margin of 15.4 percent. Read more…
Li Auto reaches 900,000 cumulative deliveries milestone
This means that Li Auto has delivered 26,655 vehicles so far this month, considering that it had 873,345 cumulative deliveries as of the end of July. Read more…
GAC Aion’s new plant goes into operation with annual capacity of 200,000 cars
The Changsha plant is GAC Aion’s third, and its other two plants have a combined annual capacity of 400,000 vehicles. Read more…
Avatr unveils extended-range system to capitalize on hybrid preference and boost sales
Avatr has unveiled an extended-range system called Kunlun, which will first be used in the Avatr 07 SUV. Read more…
Zeekr sees Q2 revenue up 36% from Q1, gross margin rises to 17.2%
Zeekr reported gross margins of 17.2 percent in the second quarter, compared to 12.3 percent in the second quarter of 2023 and 11.8 percent in the first quarter of 2024. Read more…
Zeekr gets L3 autonomous driving test permit in Hangzhou after Shanghai
Zeekr has been awarded an L3 autonomous driving test permit in Hangzhou, and will be able to test the L3 capabilities of its SEA Intelligent Driving system on the city’s highways and urban expressways. Read more…
SAIC to integrate IM Motors and Rising Auto’s R&D teams to reduce costs, report says
The R&D teams of IM Motors and Rising Auto, and power battery, smart driving, and chassis technology programs, will be relocated to SAIC’s R&D innovation headquarters, according to local media. Read more…
BYD Denza starts Z9GT pre-sales: Built on powerful e3 tech, starting at $47,620
The Z9GT will officially go on sale and begin deliveries in September, and its powerful performance and lower-than-expected prices mean Denza has high hopes for its sales. Read more…
EU unveils new proposed tariffs for EVs from China, 9% for Tesla
BYD, Geely, and SAIC all face slightly lower tariff rates than previously, while Tesla’s 9 percent is well below the 20.8 percent indicated last month. Read more…
Xpeng sees gross margin improve further in Q2, net loss narrows
Xpeng reported revenues largely in line with expectations in the second quarter, with gross margin increasing sequentially for the fourth consecutive quarter and net loss narrowing slightly from the first quarter. Read more…
