
Reuters reported that Tesla has canceled its long-promised low-cost car expected to start at about $25,000. Musk called the report a lie. Read more…
Author: cnevpost
Nio sees 1st mass-produced 150-kWh semi-solid battery pack roll off line

Nio said a month ago that its 150-kWh ultra-long-range battery pack will come online in the second quarter, and is the largest capacity battery pack mass-produced in China’s passenger car segment. Read more…
BYD to launch 1st new energy pickup truck for global market within this year

BYD will launch its first new energy pickup truck model within this year, developed specifically for the global market, CnEVPost has learned. Read more…
GAC Aion announces entry into Indonesia, plans to build local plant

GAC Aion has entered into a partnership with an Indonesian company and plans to build an EV factory there. Read more…
Tesla offers 0-interest loans for up to 5 years in China to boost sales

Tesla is offering a limited-time finance policy in China with down payments as low as RMB 79,900 and 0-interest loans for up to 5 years. Read more…
China’s Mar NEV retail up 80% MoM to 698,000, preliminary CPCA data show

China’s retail sales of all passenger vehicles totaled 1.699 million units in March, up 7 percent year-on-year and up 54 percent from February. Read more…
China eases auto loan policy to spur consumption

Cars for personal use will be eligible for 0 percent down payment, while previously consumers were required to pay at least 20 percent of down payment for conventional cars and at least 15 percent for NEVs. Read more…
IM Motors says its upcoming L6 can perform driverless moose tests

A video shared by IM Motors shows the IM L6 completing a driverless moose test at 71 km/h with no one in the car. Read more…
Solid-state battery startup Talent New Energy unveils cell with ultra-high energy density

Talent said its solid-state battery cell prototype has an energy density of 720 Wh/kg, which is twice the energy density of Nio supplier WeLion’s semi-solid-state battery cell. Read more…
Baidu-backed Jiyue plugs into Nio’s charging network

Jiyue will gradually connect to Nio Power’s 3,740 charging stations and 21,739 charging piles in 312 cities in China. Read more…
Xiaomi says SU7 gets over 100,000 orders as deliveries begin

The SU7 has gained more than 100,000 firm orders in just a few days of its launch, with the number of locked-in orders already exceeding 40,000, Xiaomi’s founder said at a ceremony marking the model’s first delivery. Read more…
BYD Denza says updated N7 SUV gets 3,378 orders on launch day

Denza launched the updated N7 on April 1 at a starting price 20.54 percent lower than its predecessor. Read more…
Tesla regains global BEV crown over BYD in Q1

This article is being updated, please refresh later for more content. Read more…
China EV sales for week ending Mar 31: Nio 3,550, Xpeng 2,050, Li Auto 7,990, Tesla 17,250

For the week of March 25-31, China’s NEV sales were 186,183, up 14 percent from the previous week, with a penetration rate of 43 percent. Read more…
China’s Mar NEV wholesale at 820,000, up 84% from Feb, CPCA estimates show

Both production and sales of passenger vehicles increased significantly in March from February as industries quickly turned to normal operations after the Chinese New Year holiday, the CPCA said. Read more…
Tesla sells 89,064 China-made cars in Mar, up 47.5% from Feb

Tesla’s China-made vehicle sales in March were essentially flat compared to the same month last year. Read more…
Xiaomi reportedly asks suppliers to boost capacity to match monthly production of 10,000 EVs

Under the original plan, Xiaomi EV production will grow to 4,000 to 5,000 units by April, and thereafter stabilize at 6,000 units by the end of the year, according to local media. Read more…
Xiaomi to hold SU7 delivery ceremony at its Beijing EV plant on Apr 3

Xiaomi EV’s first delivery centers in 28 cities in China will also start delivering vehicles to customers tomorrow. Read more…
Nio goes on hiring spree for Onvo sub-brand

Xiaomi has reportedly secured 40,000 locked-in orders for SU7

Xiaomi EV, which originally had an April production plan of around 5,000 units, is negotiating with suppliers to increase production capacity, according to local media. Read more…

