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Author: cnevpost
China EV insurance registrations for week ending Mar 3: Nio 3,600, Xpeng 2,400, Li Auto 6,200, Tesla 12,500
BYD was at 38,500 units last week, up 21.84 percent from the previous week’s 31,600. Read more…
Zeekr partners with local dealer to tap Philippine market
Zeekr will launch the Zeekr 001 and Zeekr X in the Philippines, with both models expected to begin local pre-sales and deliveries in the second quarter. Read more…
HiPhi refutes Faraday Future’s allegations of trade secret infringement
HiPhi said that the X, Y and Z series models that have been mass-produced were developed by the company itself, or jointly with supplier partners, and have its own intellectual property rights. Read more…
Senior Chinese official says state-owned automakers not moving fast enough on NEVs
China will tweak its policy to give the three centrally-administered automakers, a separate assessment of their NEV businesses, a senior official said. Read more…
New spy shots of Nio Alps model revealed, aims to beat Tesla Model Y
The camouflage-wrapped car has a few words on its rear window that mean it’s better than Tesla’s Model Y. Read more…
Faraday Future sues HiPhi founder in China for alleged trade secret infringement
Faraday Future seeks monetary damages and demands that HiPhi’s parent company, Human Horizons, immediately stop infringing on its trade secrets related to the FF 91. Read more…
BYD launches mini EV Seagull in Brazil, Mexico
Seagull is the latest in the Ocean range offered by BYD in Brazil and Mexico, following the Seal and Dolphin. Read more…
Li Auto’s Mega MPV rolls off line, deliveries to start on Mar 11
The Li Mega has received a lot of attention and popularity since its launch, Li Auto said, without disclosing the number of orders. Read more…
Chinese autonomous driving startup Pony to set up JV in South Korea
Pony.ai plans to set up a joint venture with South Korea’s GemVaxLink in Seoul within the year, which will deploy a fleet of autonomous vehicles in Seoul in the initial phase. Read more…
China’s Feb NEV wholesale at 450,000, down 34% from Jan, CPCA estimates show
February sales in China’s auto market are expected to be the lowest of the year, the CPCA said. Read more…
Tesla sells 60,365 China-made cars in Feb, down 15.5% from Jan
Tesla saw a further decline in China-made vehicles sold last month, likely due to the impact of the Chinese New Year holiday on production at its Shanghai plant. Read more…
BYD launches updated Yuan Plus with 12% lower starting price
The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name. Read more…
Nio’s William Li asks potential Tesla Model Y buyers to wait for Alps’ 1st model
Those who have been looking to buy a Model Y lately can wait a little while, as Alps’ first model is certainly cheaper, said Nio’s William Li. Read more…
Nio, EV-Tech sign deal on parts for high-voltage system
Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio’s STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio’s second brand expected to begin in 2025. Read more…
Xpeng extends $2,780 discount for G6
The discount is a continuation of a February offer that lowered the G6’s starting price to 189,900 yuan. Read more…
GAC Aion adds new trim to Aion Y Plus, drops price by 17%
The new Aion Y Plus starts at RMB 99,800, RMB 20,000 lower than the previous entry-level price. Read more…
Nio says its NOP+ assisted driving feature works nationwide in China, recruits 1st 100 testers
Nio’s latest NOP+ could be used outside of Greater China, further demonstrating its algorithm’s ability to adapt to different traffic rules and driving scenarios, Morgan Stanley said. Read more…
Leapmotor launches new SUV C10 with prices starting at $17,900, updates existing models with lower prices
The Leapmotor C10’s official pricing is significantly lower than it was at pre-sale, and updated versions of existing models see price cuts across the board. Read more…
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets. Read more…
