“This is another leap in the technology, I mean, next level leap,” Newsom said after experiencing the tank turn feature of the Yangwang U8 in Shenzhen. Read more…
Author: cnevpost
Nio’s highway swap stations in China reach 600 as overall number nears 2,000
Nio today added 15 new battery swap stations in China, bringing the total to 1,998. Read more…
China EV insurance registrations for week ending Oct 22: Li Auto 9,000, Tesla 8,100, Nio 4,400
Between October 1 and October 22, Li Auto was at 26,800, Nio at 9,500, Xpeng at 9,400 and Tesla at 16,500 units. Read more…
Zeekr sees 1st production cars of Zeekr 001 FR electric supercar roll off line, official launch set for Oct 27
Zeekr announced yesterday that Formula One racing driver Kimi Raikkonen has become the company’s chief performance advisor and will see the launch of the Zeekr 001 FR. Read more…
Nio ES8, EC7 wait times further reduced to 2-3 weeks
The ES8 and EC7, Nio’s highest priced models, both previously saw wait times reduced from 4-5 weeks to 3-4 weeks on October 11. Read more…
Baidu-backed Jiyue signs strategic cooperation deal with CATL
CATL is supplying batteries for the Jiyue 01, which will be officially launched on October 27. Read more…
Nio ES8 becomes designated car for G20 Entrepreneurship Roundtable
In addition to the ES8, the Nio ET7 will also be used as the designated vehicle for another major event to be held next month. Read more…
BeyonCa, EV brand founded by former VW exec Weiming Soh, signs deal with Saudi investor
BeyonCa has signed separate agreements with a Saudi investor and a Middle Eastern distributor. Read more…
GAC Aion reportedly to take over Mitsubishi’s plant as Japanese carmaker exiting China
The plant, which has an annual capacity of 200,000 vehicles, has already begun equipment renovation and is expected to begin production in May 2024, according to local media. Read more…
Factbox: Nio’s partnership with JAC explained in detail
Nio pays JAC for each vehicle produced on a per-vehicle basis monthly. It paid JAC an average of about $1,260 per vehicle in 2022. Read more…
BYD’s ultra-luxury Yangwang U8 has over 30,000 orders, report says
BYD’s Yangwang U8, which costs more than RMB 1 million, has gone into production with over 30,000 orders, according to a local media report. Read more…
Chinese EV battery maker Rept plans HK IPO
By the end of 2022, Rept had a production capacity of 35.2 GWh, and by 2025 it is expected to have a capacity of more than 150 GWh. Read more…
Tesla recalls 4,787 imported Model X vehicles in China
These vehicles may fail to give an alert when the brake fluid level is low, which in extreme cases can affect the vehicle’s braking. Read more…
Nio opens F2 plant in NeoPark for public tours
The Nio F2 plant achieves efficient, flexible production with 756 robots in the body shop for automated production, it said. Read more…
Buick adds new version to Electra E5 in China: Removes some features, lowers price by $5,330
Buick is responding to increasing competition in a way that’s common for local automakers — lowering the price of its cars by removing some comfort features. Read more…
Li Auto’s six-seat SUV Li L8 reaches 100,000th delivery
The Li L8 has delivered 6,159 units so far this month, data monitored by CnEVPost show. Read more…
Nio may acquire assets JAC plans to sell and seek its own EV production qualification, report says
JAC plans to sell the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said. Read more…
GAC Aion’s Hyper brand begins pre-sales of Hyper HT SUV with starting price of $30,080
The Hyper HT is being offered in four versions in pre-sale, three of which are based on the 800-volt high-voltage platform, with the top-of-the-line version featuring falcon-wing doors similar to those on the Tesla Model X. Read more…
CATL’s net profit slips in Q3 as market share in China goes down
CATL’s net profit fell 4.3 percent in the third quarter from the second quarter, as its share in China slipped and fell in September to a new low since April last year. Read more…
Changan signs deal to build NEV plant in Thailand
The Thailand Board of Investment has issued an investment certificate to Changan, which will invest around $240 million in a NEV production plant in Thailand. Read more…
