A business entity of the Nanning city government will provide Neta with supply chain financial support for raw material sourcing, production, logistics, and export. Read more…
Author: cnevpost
Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO
A battery swap station can break even if it serves 60 to 70 times a day, Nio’s CFO said. Read more…
BYD launches Song Pro in Chile, Shark pickup makes local debut
The Song Pro DM-i is the 10th model BYD has launched in Chile. The BYD Shark will be launched in Chile in the first quarter of 2025. Read more…
Zeekr unveils series of deals that will see it acquire 51% of Lynk & Co
Zeekr expects to use its own cash reserves and external financing to fund the acquisition. Read more…
Gotion’s battery project in Morocco gets $280 million investment from local firm CDG
CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion’s Moroccan project and support its operations. Read more…
Zeekr sees slight revenue decline in Q3, net loss narrows significantly
Zeekr saw an 8.4 percent decline in revenue and a 37.0 percent decrease in net loss in the third quarter compared to the second quarter. Read more…
Ehang completes 1st ever flight test of eVTOL powered by solid-state batteries
Ehang aims to achieve certification and mass production use of solid-state batteries in the EH216-S eVTOL by the end of 2025. Read more…
Geely reportedly to integrate Lynk & Co into Zeekr brand
Zeekr and Lynk & Co will undergo a strategic integration with the goal of achieving Zeekr’s controlling stake in Lynk & Co, according to a Chinese state-run media report. Read more…
China’s year-to-date NEV production surpasses 10 million mark
China’s NEV production for the full year 2024 is expected to exceed 12 million units. Read more…
Xpeng Aeroht says its modular flying car gets 2008 pre-orders at Airshow China
This is the largest order to date in the global flying car space, with 12 customers from sectors including transportation, travel, real estate, and technology, Xpeng Aeroht said. Read more…
China NEV retail at 310,000 in Nov 1-10, up 10% from same period last month
China’s retail sales of all passenger vehicles in the November 1-10 period were 567,000 units, up 29 percent from the same period last year, but down 3 percent from the same period last month. Read more…
CATL would build plant in US if Trump clears path, chairman says
CATL would consider building a plant in the US if Trump opens the door for Chinese investment in the US EV supply chain, the battery maker’s chairman Robin Zeng said. Read more…
Li Auto sees cheapest model Li L6 cross 150,000 deliveries
Li L6 delivered 25,814 units in October, contributing 50.18 percent of Li Auto’s monthly deliveries. Read more…
BYD to enter South Korean passenger car market in 2025
BYD Korea said it has “completed review to release passenger car brands in the domestic market” and expects to enter the South Korean market early next year. Read more…
Xpeng enters Nepal, begins local deliveries of G6
Xpeng opened its first flagship showroom in Nepal in Kathmandu and delivered the first 25 G6 SUVs to local customers. Read more…
Xiaomi EV reaches production milestone of 100,000th car off line
Xiaomi EV saw the 100,000th unit of the SU7 roll off the assembly line, with the 100,000th delivery milestone expected to be reached later this month. Read more…
BYD Fang Cheng Bao launches Bao 8 with Huawei driver assist system, starting at $52,520
The Bao 8 is the second model from Fang Cheng Bao and the first under the BYD umbrella to feature Huawei’s driver assist system. Read more…
China EV insurance registrations for week ending Nov 10: Nio 3,000, Tesla 17,300, Xiaomi 5,500, BYD 85,900
Li Auto’s insurance registrations last week were 11,700, Xpeng 3,600, Zeekr 5,700, Leapmotor 8,200 and Aito 6,500. Read more…
Leapmotor aims to sell 500,000 cars in 2025
Leapmotor is targeting sales of 500,000 vehicles for the full year in 2025, with a gross margin of more than 10 percent, its management said. Read more…
Nio Onvo L60 wait time slightly reduced to 10-14 weeks
Chinese customers who currently buy the Onvo L60 are expected to get deliveries 10-14 weeks after locking in their orders, down from 12-16 weeks previously. Read more…
