By the end of 2025, the Geely EX5 will be in more than 20 markets.
Geely will enter more markets including the UK, Brazil and South Africa this year.
Author: cnevpost
Geely enters Australia and New Zealand with local launch of EX5 electric SUV
By the end of 2025, the Geely EX5 will be in more than 20 markets.
Geely will enter more markets including the UK, Brazil and South Africa this year.
Hesai to supply Mercedes-Benz with automotive LiDARs, report says
This is the first time a foreign automaker has sought to apply this Chinese-made technology to models sold outside China, according to Reuters.
Hesai said it entered into a multi-year, long-term partnership spanning 2030, without mentioning the carmaker by name.
Changan aims to have all-solid-state batteries in prototype cars by end of 2025, offering over 1,500 km of range
Changan aims to validate solid-state batteries in vehicles by 2026, and then move forward with mass production of all-solid-state batteries by 2027.
BYD and CATL are also planning to produce all-solid-state batteries in small batches by 2027.
Nio has reportedly made layoffs across multiple teams
The layoffs should be around 10 percent, with some variation by region, according to a local media report.
Onvo president Alan Ai has made few appearances since January’s sales missed expectations, and a number of recent internal meetings have been chaired by Onvo vice president Xia Qinghua.
Automakers’ share of China NEV market in Feb: BYD tops with 29.2%, Tesla 7th with 3.8%
Xiaomi EV entered CPCA’s monthly leaderboard for the first time, coming in at No. 9 in the NEV market with 23,728 sales and a 3.4 percent share.
Xpeng came in at 6th place with a 4.0 percent share of the Chinese NEV market in February, and Li Auto at 8th place with 3.7 percent.
China EV battery installations in Feb: CATL share at 44.45%, BYD 23.62%
BYD’s share grew in February as its NEV sales rebounded, while CATL saw a small decline.
In the LFP battery market, CATL, BYD, and Gotion had the highest installed base in February with shares of 38.41 percent, 28.82 percent, and 6.34 percent, respectively.
Nio to report Q4 2024 earnings on Mar 21
Nio Inc delivered a record 72,689 vehicles in the fourth quarter, within its guidance range of 72,000 to 75,000 vehicles.
Nio had previously guided fourth-quarter revenue to be in the range of RMB 19.68 billion ($2.7 billion) to RMB 20.38 billion.
Li Auto says Li i8 electric SUV has completed over 8 million km of road tests
Li Auto said the Li i8 has completed two winters and two summers of durability and performance validation in 300 Chinese cities.
Starting March 10, Li i8 test cars wrapped in light camouflage will begin nationwide testing.
China NEV sales at 892,000 in Feb, down 5.5% from Jan, CAAM data show
China sold 544,000 BEVs in February, up 85.1 percent year-on-year but 5.2 percent lower than in January.
PHEV sales in February were 348,000 units, up 90.3 percent year-on-year but 5.95 percent lower than in January.
China EV insurance registrations for week ending Mar 9: Nio 1,930, Onvo 1,060, Tesla 13,800, Xiaomi 6,200, BYD 57,400
Xpeng was 8,500 units, Li Auto 2,600, Zeekr 3,100, Leapmotor 5,900, Aito 2,600. Read more…
Geely Galaxy launches updated LEVC L380 MPV at lower prices
The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
Geely Galaxy launches updated LEVC L380 MPV at lower prices
The updated LEVC L380 starts at RMB 299,900 ($41,310), which is RMB 80,000, or 26.68 percent, lower than its predecessor.
Geely Galaxy was upgraded from a product lineup to a new brand earlier this month, bringing the LEVC under its umbrella.
Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its positive quarterly bottom line since inception.
Leapmotor said it achieved the profitability goal one year ahead of schedule, making it the second of China’s new car-making forces to do so.
Leapmotor starts pre-sales of B10 SUV, brings LiDAR to $15,000 model
The Leapmotor B10 secured over 15,010 pre-orders one hour after the start of pre-sales, with the LiDAR-equipped variants accounting for 73 percent of the total.
The official launch of the B10 will be in April, and Leapmotor is targeting monthly sales of at least 40,000 B-series models.
China Feb NEV retail at 686,000, down 7.8% from Jan
Retail sales of BEVs in February were 427,000 units, up 94.4 percent year-on-year and up 1.7 percent from January.
Combined retail sales of PHEVs and EREVs were 259,000 in February, up 53.86 percent year-on-year but down 20.31 percent from January.
Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost controls and multiple functions will be downsized based on full-year targets.
The new mechanism requires every penny invested to be heard back, said a source close to Nio’s management.
Exclusive: Recent William Li ‘interview’ was outdated info from last Dec
A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024. Read more…
Tesla sells 26,777 cars in China in Feb, exports 3,911 from Shanghai plant
Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.
In the January-February period, Tesla’s retail sales in China amounted to 60,480 units, down 13.63 percent year-on-year.
Nio gets new policy support as Shanghai to subsidize city’s swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
Shanghai is the latest city after Hefei to offer support for the battery swap sector.
