Li Auto will launch a new Home variant for the Li Mega MPV, which is expected to be priced lower.
Deliveries of both variants, Li Mega Ultra and Li Mega Home, will begin in May.
Author: cnevpost
Li Auto to officially launch updated Li Mega MPV at Shanghai auto show on Apr 23
Li Auto will launch a new Home variant for the Li Mega MPV, which is expected to be priced lower.
Deliveries of both variants, Li Mega Ultra and Li Mega Home, will begin in May.
Automakers’ share of China NEV market in Mar: BYD No. 1 with 29.3%, Tesla No. 3 with 7.5%
Tesla moved up from No. 7 in February to No. 3 in March in China’s NEV market as its local deliveries improved.
In the January-March period, BYD’s share of China’s NEV market was 28.8 percent, while Tesla’s was 5.6 percent.
BYD Fang Cheng Bao to officially launch Tai 3 SUV on Apr 16, report says
The Tai 3 is the first model in Fang Cheng Bao’s Tai lineup, with a pre-sales starting price of RMB 139,800 ($19,040).
Tai 3 vehicles for test drives are available at 278 Fang Cheng Bao showrooms in 148 cities across China.
Leapmotor officially launches B10 compact SUV, prices start at $13,590
The B10 received 10,016 firm orders one hour after its launch, Leapmotor said.
More models of the B series will be launched, and the lineup has a target of monthly sales of more than 40,000 units.
BYD launches Han L sedan, Tang L SUV with ultra-fast charging
Both the Han L and Tang L’s prices are lower than the pre-sales prices, and they can get up to 400 km of range on a five-minute charge.
Both models are available in pure electric and hybrid variants.
Nio reportedly gets over 3,500 orders during 3-day Qingming holiday after ramping up incentives
Nio earlier this month introduced an additional five years of free battery swaps, capped at 240.
The move is partly aimed at clearing inventory of current models in preparation for the launch of the facelift.
China NEV retail rebounds to 991,000 in Mar, penetration back above 50%
China’s retail sales of passenger NEVs rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
NEV retail penetration was back above 50 percent after falling below that mark last December.
Tesla sells 74,127 cars in China in Mar, exports 4,701 from Shanghai plant
Tesla sold 74,127 vehicles in China’s domestic market in March, up 18.80 percent year-on-year and up 176.83 percent from February.
In the first quarter, Tesla’s retail sales in China were 134,607 units, up 1.65 percent year-on-year.
Huawei-backed Aito to officially launch M8 SUV on Apr 16, pre-orders already exceed 100,000
Aito began accepting pre-orders for the M8 on March 6, with a pre-sales starting price of RMB 368,000 ($50,070).
The Aito M8 is expected to compete with Li Auto’s (NASDAQ: LI) Li L8.
Huawei-backed Aito to officially launch M8 SUV on Apr 16, pre-orders already exceed 100,000
Aito began accepting pre-orders for the M8 on March 6, with a pre-sales starting price of RMB 368,000 ($50,070).
The Aito M8 is expected to compete with Li Auto’s (NASDAQ: LI) Li L8.
Nio signs new deal to add 50 swap stations in East China’s Shandong province
This is the third partnership Nio has announced in the past month with a state-owned company to build battery swap stations.
Nio has finalized similar partnerships in 15 provinces, and the number is growing.
JD.com billionaire founder places order for Nio ET9
JD.com founder Richard Liu has ordered an ET9, as Nio’s William Li continues to pitch the executive sedan to entrepreneurs.
Deliveries of the ET9 began late last month, with the first owner being the chairman of home appliance giant Midea Group.
Li Auto reportedly enters Philippines, expanding into Southeast Asia
In the Philippines, Li Auto is currently previewing two SUV models, the Li L7 and Li L9.
The Philippines is Li Auto’s first market in Southeast Asia.
China EV insurance registrations for week ending Apr 6: Nio 1,800, Onvo 700, Xiaomi 5,100, BYD 45,000
Nio Inc had 2,500 insurance registrations last week, down 43.18 percent from 4,400 the week before.
BYD had 45,000 insurance registrations last week, down 25.50 percent from 60,400 the week before.
Hesai secures order for 200,000 LiDARs from Leapmotor
Hesai’s ATX LiDAR will be used in Leapmotor’s production models starting in 2025.
Hesai is the exclusive LiDAR supplier to Leapmotor and is also a supplier to Li Auto.
Xpeng begins pre-sales of updated X9 MPV with upgraded features, higher price
The 2025 X9 has a pre-sales starting price of RMB 399,800 ($54,500), up 11.12 percent from its predecessor.
The model is set to be officially launched next week, and show cars are already available at more than 500 stores.
BYD previews Q1 net income to rise as much as 118.88% year-on-year
BYD said it expects net income in the first quarter to be between RMB 8.5 billion and RMB 10 billion, an increase of 86.04 percent to 118.88 percent year-on-year. Read more…
Global EV battery market share in Jan-Feb 2025: CATL 38.2%, BYD 16.9%
CATL and BYD’s combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
There are six Chinese companies in the top 10.
Analysts see limited impact of US tariffs on Chinese automakers
In 2024, about 116,000 vehicles were exported from China to the US and were dominated by US-branded models, analysts said.
For Chinese car companies operating in Mexico, the Latin American market is their focus.
