Deutsche Bank expects the Nio brand to deliver 17,000 units in November and the Onvo sub-brand 5,000 units. Read more…
Author: cnevpost
Man who created rumor of BYD buying Nio detained
The man used AI software to create the fake image and spread it online to boost the popularity of his own self-media account, according to local media. Read more…
Leapmotor signs deal to assemble cars in Myanmar
Leapmotor has signed a cooperation agreement with Myanmar’s NPK Motor to assemble vehicles on a KD (Knocked Down) model in the Southeast Asian country. Read more…
Pony AI debuts on Nasdaq at $5 billion valuation
Pony AI raised $413 million in its US offering, making it the largest IPO in the autonomous driving space on the US stock market this year. Read more…
China NEV retail at 867,000 in Nov 1-24, up 7% from same period last month
Retail sales of passenger NEVs in China totaled 867,000 units in the November 1-24 period, up 68 percent from a year ago and up 7 percent from a month ago. Read more…
Nio to open its 1st Nio House in UAE on Nov 28
Nio to open its first Nio House in the UAE on November 28 with CEO William Li attending the opening ceremony. Read more…
China to have 100,000 eVTOLs serving families and travelers by 2030, industry body says
In roughly two to three years’ time, air traffic networks and ground flight service facilities in China’s major cities will be largely completed, an industry body said. Read more…
Onvo president reiterates confidence of delivering over 10,000 units in Dec
Deliveries of the L60 are proceeding at a set pace with a goal of delivering more than 10,000 units in a single month in December, Onvo president said. Read more…
BYD reportedly asks suppliers to reduce price quotes by 10%
BYD is asking some of its passenger car suppliers to lower their parts quotes, as it expects competition in the NEV market to be fiercer in 2025, according to local media. Read more…
BYD launches 4 NEV models in Guatemala
BYD has launched the Han, Tang, Song Plus DM-i, and Seal in Guatemala, marking a significant step in its entry of NEVs into Central America. Read more…
Huawei, JAC joint brand Maextro unveils S800 luxury sedan with estimated starting price of $137,870
Maextro has started pre-sales of the S800 to target the luxury sedan market. Huawei today also launched the updated Luxeed S7, and a new Stelato S9 variant. Read more…
Tesla now has over 400 tier-1 suppliers in China
Tesla has over 400 local tier-1 suppliers signed up in China, more than 60 of which are in its global supply chain system, according to local media. Read more…
China EV insurance registrations for week ending Nov 24: Nio 4,000, Tesla 16,700, Xiaomi 4,600, BYD 95,900
Li Auto had 11,600 insurance registrations last week, Xpeng 7,200, Zeekr 6,200, Leapmotor 9,100 and Aito 7,500. Read more…
CATL launches new batteries for heavy-duty commercial vehicles under Tectrans brand
CATL has launched new batteries for heavy-duty commercial vehicles under its commercial vehicle battery brand Tectrans, after previously launching similar products for the logistics and electric bus industries. Read more…
BYD launches Sealion 07 EV in Norway
BYD has launched the Sealion 07 EV in Norway — rebranded locally as the Sealion 7 — after launching the electric SUV in other European markets earlier this month. Read more…
EU officials say not yet close to deal with China on EV tariffs
EU and Chinese officials are discussing alternatives to European tariffs on Chinese EVs, but no solution is imminent, Reuters quoted unnamed European officials as saying. Read more…
Changan, CATL partner to offer battery swap-enabled EVs for ride hailing market
Changan said its Oshan 520, built on CATL’s battery swap solution, will bring a new experience to the shared mobility market. Read more…
Baidu to start trial operations of Apollo Go robotaxis in HK as soon as year-end, report says
Apollo Go plans to operate in Hong Kong on a trial basis, with the first phase of testing at the airport by the end of this year at the earliest, a Hong Kong media outlet reported. Read more…
BYD to launch next-gen blade battery in 2025, exec says
BYD’s next-generation blade battery will improve the range of vehicles and extend the life cycle of the battery itself, an executive said. Read more…
[Full text] ‘The next two years are crucial for our success,’ Nio’s William Li says in internal letter
“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said. Read more…
