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…
Author: cnevpost
BYD starts offering limited-time discounts on several models to boost sales
Customers who buy some of the models from BYD’s Ocean lineup between November 1 and November 31 can get discounts of up to RMB 18,000. Read more…
Nio adds 15 showrooms and 124 swap stations in Oct
As of October 31, Nio had 139 Nio Houses, 314 Nio Spaces and 2,079 battery swap stations worldwide. Read more…
Leapmotor delivers record 18,202 cars in Oct, starts offering up to $1,370 discount on its lowest-priced EV model
Leapmotor announced October deliveries of a record 18,202 vehicles before the Hong Kong stock market opened today, in what appears to be one of its attempts to calm investors down. Read more…
Leapmotor tries to calm investors as shares fall nearly 30% after Stellantis deal
Leapmotor’s founding team has pledged not to transfer or reduce their stake in the company in any way over the next 10 years. Read more…
BYD begins pre-sales of shooting brake style SUV Song L with starting price of $30,070
The Song L is the second shooting brake-style SUV under the BYD umbrella, with the NEV maker’s premium Denza brand’s Denza N7 being the group’s first such model. Read more…
BYD’s auto business gross margin hits record high in Q3, analysts explain why
BYD had a record gross margin of 25.7 percent for its auto business in the third quarter, a 4-percentage point improvement from the second quarter. Read more…
China EV insurance registrations for week ending Oct 29: Nio 4,600, Xpeng 5,800, Li Auto 10,000, Tesla 10,800
So far this month, there have been 14,100 insurance registrations for Nio, 15,200 for Xpeng and 36,800 for Li Auto. Read more…
BYD’s premium Yangwang brand opens 1st batch of 22 stores
By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China. Read more…
Tesla’s entry-level Model 3 wait time gets shorter in China
Tesla’s entry-level Model 3 now has a wait time of 2-6 weeks in China, down from 6-9 weeks previously. Read more…
Nio and auto parts supplier Baolong sign cooperation deal
At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors. Read more…
Neta ships EVs to Turkey; to start selling multiple models in UAE in 2024
Neta aims to transform itself into a global high-tech technology company and reach one million sales in global markets by 2026. Read more…
BYD posts record net profit of $1.42 billion in Q3, up 52.6% from Q2
BYD reported record revenue of RMB 162.15 billion in the third quarter, up 38.49 percent year-on-year and up 39.76 percent from the second quarter. Read more…
BMW recalls 41,446 units of 5 Series plug-in hybrids in China over battery issue
The vehicles’ high-voltage batteries have a dual-battery cell module design that risks causing thermal runaway. Read more…
CATL puts new battery production base into operation, claims to be able to produce 1 cell in 1 second
The first phase of CATL’s Guizhou production base has been put into operation with an annual capacity of 30 GWh, capable of producing a cell in 1 second and a pack in 2.5 minutes. Read more…
BYD’s Fang Cheng Bao brand starts trial operations of 1st 70 directly-managed stores
Fang Cheng Bao started the pre-sale of its first model, the Bao 5, in August, with a pre-sale price range of RMB 300,000 – RMB 400,000. Read more…
Baidu-backed Jiyue officially launches its debut EV model to take on Tesla Model Y
The Jiyue 01 is larger and less expensive than the Tesla Model Y, while leveraging Baidu’s capabilities on cockpit intelligence as well as smart driving to provide additional appeal. Read more…
Zeekr shows off tech muscle with launch of Zeekr 001 FR electric supercar
The Zeekr 001 FR starts at RMB 769,000, lower than Zeekr’s previous hint of over RMB 1 million, and the model is limited to 99 units per month. Read more…
Li Auto to report Q3 earnings on Nov 9
Li Auto delivered 105,108 vehicles in the third quarter, above the upper end of its guidance range of 100,000 to 103,000 vehicles. Read more…
Tesla raises Model Y Performance price by $1,910 in China
The Tesla Model Y is offered in three versions in China, with the prices of the other two cheaper versions unchanged. Read more…
