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Author: cnevpost
Tesla teases upcoming Model Y price hike in China
Tesla plans to raise the prices of the cheaper versions of the Model Y in China, as a continuation of the price hike it put on the crossover’s most expensive version in the country late last month. Read more…
Huawei and Chery’s joint EV brand Luxeed to start pre-sales of its debut model on Nov 9
Luxeed shared images of the Luxeed S7 on Weibo, showing off the exterior details of the sedan. Read more…
Nio’s job cut could save up to RMB 2 billion per year, says Deutsche Bank
“While management still has a long way to go in restoring creditability among investors, this should be viewed as a meaningful step in the right direction,” Edison Yu’s team said. Read more…
Zeekr names its 1st sedan Zeekr 007, pre-sales to begin on Nov 17
The Zeekr 007 will be Zeekr’s first sedan and its first model for the mainstream market, as all three of its current models on sale are aimed at niche markets. Read more…
Xpeng launches LFP battery-equipped variants of P7i with starting price reduced by $3,570
Xpeng launched two new variants of the P7i with a CLTC range of 550 kilometers at a reduced starting price of RMB 223,900. Read more…
Vlogger ruled to apologize to Nio and pay financial damages for reputation infringement
The vlogger was ordered to post apologies on his Douyin account for 90 consecutive days and to compensate Nio for financial losses totaling more than 600,000 yuan in a first instance ruling. Read more…
SAIC’s MG brand sees 1st Thailand-made MG4 EV roll off line
MG topped China’s NEV exports in the first half of this year with a 25.3 percent share. Read more…
BYD Fang Cheng Bao to officially launch debut model Bao 5 on Nov 9
Fang Cheng Bao began pre-sales of the Bao 5 on August 25, with a price range of RMB 300,000 to RMB 400,000. Read more…
Nio exec reaffirms goal of entering US market by 2025
“My goal, and my commitment to this company, is I want all of us to buy a Nio car from our personal paycheck one day,” Nio US CEO Ganesh Iyer said. Read more…
Spy shots of Xiaomi’s 1st EV model show design details
Multiple images circulating on Chinese social media show details of the body of what is said to be Xiaomi’s first EV model. Read more…
Nio’s battery, phone businesses likely to be hardest hit by layoffs, report says
Most of Nio’s businesses will see layoffs, with the battery and phone businesses likely to be adjusted the most, according to local media. Read more…
BREAKING: Nio lays out organizational optimization plan: To cut 10% of positions, emphasize on improving efficiency
Nio said it will improve resource efficiency and defer or cut investments in projects that do not contribute to the company’s financial performance in three years. Read more…
Xpeng to launch new P7i variant on Nov 6, possibly lower-priced LFP version
Xpeng made a filing earlier this year for the P7 with an LFP battery pack, with cell supplier Eve Energy. Read more…
VW’s software arm Cariad sets up joint lab with Vivo to explore phone-car integration
Cariad China’s partnership with Vivo comes at a time when Chinese consumers are increasingly valuing the seamless experience of connecting their smartphones to EVs, which has even driven some EV makers, including Nio, to enter the phone making space. Read more…
Actor in Nio’s new EC6 launch event, buys an EC6
The EC6’s contribution to Nio’s sales is modest, but the actor’s move to buy the coupe SUV is an endorsement of the model and the Nio brand. Read more…
Leapmotor extends promotion to full range of models
One day after announcing discounts of up to RMB 10,000 for its least expensive model, the T03, Leapmotor announced benefits including loan interest subsidies for two other models. Read more…
China’s Oct NEV wholesale volume at record 890,000 units, CPCA estimates show
China’s October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said. Read more…
Chery unveils concept car claimed to have world’s lowest wind resistance
Chery said its new concept car achieves the world’s lowest wind resistance of 0.168 Cd with the help of its bionic design with the inspiration of tuna fish. Read more…
Tesla sells 72,115 China-made vehicles in Oct, down 2.64% from Sept
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