The first phase of CATL’s Guizhou production base has been put into operation with an annual capacity of 30 GWh, capable of producing a cell in 1 second and a pack in 2.5 minutes. Read more…
Author: cnevpost
BYD’s Fang Cheng Bao brand starts trial operations of 1st 70 directly-managed stores
Fang Cheng Bao started the pre-sale of its first model, the Bao 5, in August, with a pre-sale price range of RMB 300,000 – RMB 400,000. Read more…
Baidu-backed Jiyue officially launches its debut EV model to take on Tesla Model Y
The Jiyue 01 is larger and less expensive than the Tesla Model Y, while leveraging Baidu’s capabilities on cockpit intelligence as well as smart driving to provide additional appeal. Read more…
Zeekr shows off tech muscle with launch of Zeekr 001 FR electric supercar
The Zeekr 001 FR starts at RMB 769,000, lower than Zeekr’s previous hint of over RMB 1 million, and the model is limited to 99 units per month. Read more…
Li Auto to report Q3 earnings on Nov 9
Li Auto delivered 105,108 vehicles in the third quarter, above the upper end of its guidance range of 100,000 to 103,000 vehicles. Read more…
Tesla raises Model Y Performance price by $1,910 in China
The Tesla Model Y is offered in three versions in China, with the prices of the other two cheaper versions unchanged. Read more…
CPCA expects China’s Oct NEV retail sales at 750,000, up 0.9% from Sept
The penetration rate of NEVs at retail in October is expected to be around 37.1 percent, up from 36.9 percent in September. Read more…
Zeekr to enter Hong Kong and Macau in 2024, its 1st foray into right-hand drive markets
Zeekr’s distribution partners in South China’s Greater Bay Area will begin selling left-hand drive Zeekr models in Macau in the coming months, ahead of the launch of the right-hand drive versions. Read more…
Tesla starts deliveries of revamped Model 3 in China
Model 3 retail sales in China were 2,079 units in September, contributing 4.78 percent to Tesla’s sales in the country, a new low since October 2021, likely due in part to potential customers waiting for the new Model 3. Read more…
Nio reaches 2,000 swap stations in China
Nio built its first battery swap station on May 20, 2018 and saw its 1,000th battery swap station go live on July 6, 2022. Read more…
Factbox: Who is Leapmotor?
Contents from Leapmotor’s Hong Kong IPO prospectus explain in detail the company’s business as well as its technologies. Read more…
Stellantis to acquire 20% stake in Leapmotor with €1.5 billion investment, to form JV for international markets
Stellantis will form a joint venture with Leapmotor, Leapmotor International, which will begin export operations in the second half of 2024. Read more…
Stellantis nears deal to buy 20% of Leapmotor, report says
As part of the deal, Leapmotor and Stellantis are also discussing a joint venture, according to Bloomberg. Read more…
BYD showcases 5 models at Tokyo auto show, Yangwang U8 makes overseas debut
BYD has become the first Chinese automaker to participate in the Tokyo auto show, with the ultra-luxury Yangwang U8 making its overseas debut and demonstrating its tank turn feature. Read more…
China’s NEV retail sales at 472,000 in Oct 1-22, up 4% from same period last month
China’s retail penetration of NEVs was 38.9 percent in the October 1-22 period. Read more…
Xpeng to report Q3 earnings on Nov 15
Xpeng delivered 40,008 vehicles in Q3, within guidance range, with new SUV G6 contributing 48.6 percent. Read more…
Chinese autonomous driving startup Pony confirms $100 million investment from Saudi Arabia
Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region. Read more…
Premium Chinese EV brand HiPhi reportedly making massive layoffs
Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions. Read more…
Canalys expects China’s auto exports to reach 5.4 million in 2023, NEVs to contribute 40%
MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively. Read more…
Nio among 1st adopters of Qualcomm’s Snapdragon 8 Gen 3 chipset
Qualcomm overnight launched its latest Snapdragon 8 Gen 3 chipset, which is expected to be standard on flagship Android-powered phones in 2024. Read more…
