Li said batteries with lifetimes of up to 15 years are technically feasible, but it will take a concerted effort by the entire industry to advance the goal. Read more…
Author: cnevpost
Rising Auto says it’s moving forward with asset-light strategy, denies recent rumors as ‘untrue’
Rising Auto said all is well with it and will launch a new model in the middle of the year. Read more…
Zeekr sees firm orders for updated Zeekr 001 exceed 20,000 units
Zeekr is targeting 30,000 firm orders for the updated Zeekr 001, which was launched on February 27, in its first month of availability. Read more…
Li Auto mulls lowering Li Mega sales target as orders less than 4,000 after half month on market, report says
Li Auto’s management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media. Read more…
BYD chairman expects China’s NEV penetration to exceed 50% within next 3 months
BYD’s chairman predicted a month ago that China’s monthly NEV penetration rate would exceed 50 percent within this year, and now he expects that figure to be seen within the next three months. Read more…
Nio launches new 75-kWh battery pack using only LFP cells, expected to further reduce costs
The new 75-kWh battery pack will not use both LFP cells and ternary cells like its predecessor and will begin deliveries soon with the 2024 models. Read more…
Xpeng to launch new brand within 1 month, targeting lower-priced market
Xpeng will launch a new brand in the next month, targeting markets priced between RMB 100,000 and RMB 150,000, the company’s CEO said. Read more…
CATL’s net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue
CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers. Read more…
Li Auto offers limited-time charging perks to increase Li Mega’s appeal
Between March 16 and April 15, Li Mega owners who use Li Auto’s supercharging stations to charge their vehicles will be rewarded with credits equal to the amount they pay per charge. Read more…
Dongfeng’s new NEV brand eπ launches 1st model, eπ 007 sedan, starting at $22,190
The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models. Read more…
Zeekr starts sales of Zeekr 001, Zeekr X in Saudi Arabia, UAE
Zeekr has opened its first two flash stores in Saudi Arabia and the UAE, and will open its first Zeekr Space stores in both countries in April. Read more…
SAIC abandoning EV unit Rising Auto, report says
Employees at Rising Auto are expected to be laid off by more than 70 percent, while the remaining employees are likely to get a pay cut, according to local media. Read more…
Nio to officially launch Onvo brand in May, explains meaning of name
Nio confirmed the Onvo name and said the brand’s official launch is expected in early-mid May. Read more…
Nio revamps BaaS, a key car-buying option for reducing initial costs, amid fierce price war
Nio has dramatically restructured its BaaS battery rental option in an attempt to make its cars more attractive in the face of fierce price competition, though emphasizing that it’s not a response to the ongoing price war. Read more…
Nio signs deal with CATL to jointly develop long-life batteries
CATL will also plan and develop battery systems of longer service lives for Nio’s upcoming models. Read more…
VW Anhui files for 1st model ID.UNYX
Volkswagen Anhui is majority-owned by Volkswagen and is its first joint venture in China focused on NEVs. Read more…
Xpeng’s 2 remaining co-founders exit from core management team
The remaining two of Xpeng’s three co-founders have exited from the core management team, with the team led by chairman and CEO He Xiaopeng taking full reign of the company. Read more…
China’s NEV retail at 154,000 in Mar 1-10, up 64% from same period last month
Retail penetration of NEVs in China rebounded to 43.38 percent in the March 1-10 period. Read more…
From empty land to parked cars: Satellite images show how fast Xiaomi’s EV plant was built
The Xiaomi EV factory, which started construction in April 2022, has seen an increasing number of vehicles parked in the parking lot in the last ten days. Read more…
Nio Alps’ official name could be Onvo; camouflage-free spy shots revealed
Two camouflage-free spy shots of a model purportedly under Nio’s second brand are circulating on social media today, with the rear end showing the vehicle’s English brand name as Onvo. Read more…
