Multiple images circulating on Chinese social media show details of the body of what is said to be Xiaomi’s first EV model. Read more…
Author: cnevpost
Nio’s battery, phone businesses likely to be hardest hit by layoffs, report says
Most of Nio’s businesses will see layoffs, with the battery and phone businesses likely to be adjusted the most, according to local media. Read more…
BREAKING: Nio lays out organizational optimization plan: To cut 10% of positions, emphasize on improving efficiency
Nio said it will improve resource efficiency and defer or cut investments in projects that do not contribute to the company’s financial performance in three years. Read more…
Xpeng to launch new P7i variant on Nov 6, possibly lower-priced LFP version
Xpeng made a filing earlier this year for the P7 with an LFP battery pack, with cell supplier Eve Energy. Read more…
VW’s software arm Cariad sets up joint lab with Vivo to explore phone-car integration
Cariad China’s partnership with Vivo comes at a time when Chinese consumers are increasingly valuing the seamless experience of connecting their smartphones to EVs, which has even driven some EV makers, including Nio, to enter the phone making space. Read more…
Actor in Nio’s new EC6 launch event, buys an EC6
The EC6’s contribution to Nio’s sales is modest, but the actor’s move to buy the coupe SUV is an endorsement of the model and the Nio brand. Read more…
Leapmotor extends promotion to full range of models
One day after announcing discounts of up to RMB 10,000 for its least expensive model, the T03, Leapmotor announced benefits including loan interest subsidies for two other models. Read more…
China’s Oct NEV wholesale volume at record 890,000 units, CPCA estimates show
China’s October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said. Read more…
Chery unveils concept car claimed to have world’s lowest wind resistance
Chery said its new concept car achieves the world’s lowest wind resistance of 0.168 Cd with the help of its bionic design with the inspiration of tuna fish. Read more…
Tesla sells 72,115 China-made vehicles in Oct, down 2.64% from Sept
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Li Auto Q3 earnings preview: Solid quarter expected, should competition from Aito be a concern?
While demand for Li Auto’s vehicles remains robust, investor concerns about competition have increased, particularly around Huawei-backed Aito, said Deutsche Bank analyst Edison Yu’s team. Read more…
BYD offers $1,370 limited-time discount on Qin Plus EV
The Qin family was the third best-selling BYD model in October with 42,767 units sold. Read more…
BYD Oct sales breakdown: Song 63,965, Seagull 43,350
With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September. Read more…
Neta delivers 12,085 vehicles in Oct, down 8.52% from Sept
In the January-October period, Neta delivered 109,855 vehicles, a decrease of 14.98 percent year-on-year. Read more…
BYD sells record 301,833 NEVs in Oct, its 6th consecutive month of record highs
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Zeekr delivers record 13,077 vehicles in Oct, up 8.5% from Sept
In addition to record deliveries, Zeekr also received a record number of firm orders in October, it said. Read more…
Nio delivers 16,074 vehicles in Oct, up 2.77% from Sept
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Xpeng delivers record 20,002 vehicles in Oct, G6 at 8,741 units
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Li Auto delivers record 40,422 vehicles in Oct
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Tesla starts new round of referral incentives in China with scaled back benefits
The Model 3 was excluded from both the latest round of referral program announced today and the previous round announced on October 1. Read more…