The LS6 went on sale in October 2023 and is a Tesla Model Y competitor. Read more…
Author: cnevpost
Tesla Model S and Model X expected delivery dates in China extended to Q2
The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months. Read more…
State investors jump on board NEV maker Leapmotor’s bandwagon
As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis. Read more…
Xpeng offers $6,970 discount on top-trim variant of P7i sedan
Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China’s EV space. Read more…
SAIC-GM-Wuling aims to sell 700,000 NEVs in 2024
SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share. Read more…
China EV insurance registrations for week ending Jan 21: Nio 1,900, Xpeng 1,800, Li Auto 7,600, Tesla 11,700
For the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600 and Tesla at 22,400. Read more…
Leapmotor president has departed, report says
Leapmotor co-founder and president Wu Baojun has left the company, which will no longer have a president position, according to local media. Read more…
Dongfeng’s NEV unit Voyah aims to sell 100,000 cars in 2024
Tesla Cybertruck to start China tour at late Jan with 8 cars to debut in 8 cities
Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi’an, and Chongqing will be the first eight cities that Cybertruck will tour in China. Read more…
Nio issues fraud warning as scammers market gambling business in its name
Nio said it had never been in the gambling business and warned its community not to fall for the scam, saying it had reported to the police. Read more…
BYD teases new compact electric SUV Yuan Up
The Yuan Up will be the newest member of BYD’s Yuan family, which sold 428,580 units in 2023 and contributed 14 percent of BYD’s sales. Read more…
Xiaomi founder sees auto industry as ‘winner takes all’
That’s in contrast to Nio’s William Li’s view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met. Read more…
Nio offers incentives for owners to share 100-kWh long-range battery packs ahead of Chinese New Year travel rush
Nio had raised the price of daily battery upgrades for February a few days ago. February 10-17 is the Chinese New Year holiday. Read more…
Xpeng has undergone fresh team reshuffles led by new president, report says
Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media. Read more…
New Aito M7 has totaled over 130,000 firm orders in 4 months since launch, says Huawei’s Richard Yu
The new M7 was launched on September 12 and contributed 84 percent of Aito’s 24,468 deliveries in December. Read more…
Nio beefs up marketing as funny video goes viral
The animated video showcases the Nio ES8’s self-driving capabilities, zero-gravity seat, and elegance on the road. Read more…
Dongfeng’s NEV brand Voyah strikes strategic partnership with Huawei
Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models. Read more…
BYD’s Thai distributor to triple store count in 2 years
Rever currently has about 100 dealership outlets, making BYD the dominant automaker in Thailand’s EV market with a 40 percent share. Read more…
Leapmotor secures $84.3 million strategic investment from local govt funds
This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium to its closing price in Hong Kong today. Read more…
Eve Energy to build energy storage plant in Malaysia
Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant. Read more…