
Luxeed is currently promising wait times of 10-12 weeks, which is long enough to change consumer buying decisions. Read more…
Author: cnevpost
Li Auto hits back after being mocked by Tesla for lack of technology

Li Auto released a range test comparison video of the Li Mega versus the Tesla Model X to show that its first BEV model has better performance. Read more…
Charging solutions provider StarCharge mulling HK IPO, report says

StarCharge is considering an IPO in Hong Kong, potentially raising about $500 million and seeking a $5 billion valuation, according to Bloomberg. Read more…
SAIC-GM-Wuling launches battery pack for commercial NEVs

The battery pack, called “Wuling Red 1”, is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles. Read more…
Tesla gross margin slips further in Q4, to start production of new EV model in H2 2025

Tesla said its vehicle volume growth rate in 2024 could be notably lower than in 2023 as the team works to roll out next-generation vehicles at its Texas plant. Read more…
BYD and FAW intend to invest in drone maker DJI’s auto unit, report says

DJI Automotive and Huawei’s automotive business will be options that must be considered by established carmakers that are short on smart driving R&D, local media said. Read more…
China NEV retail sales at 380,000 in Jan 1-21, down 21% from same period last month

China’s NEV sales performance didn’t continue to deteriorate last week, despite the beginning of the year usually is a low point for sales. Read more…
Neta to launch its 1st shooting-brake model in mid-2024

The Neta model, codenamed EP41, will be the third shooting-brake style model launched by a Chinese EV maker after the Zeekr 001 and the Nio ET5 Touring. Read more…
Tesla plans to produce new EVs in mid-2025, report says

Last month, a Chinese media outlet reported that Tesla was planning to restart the third phase of its Shanghai factory, possibly focusing on a $25,000 model. Read more…
SAIC’s EV unit IM Motors offers $1,670 discount on LS6 SUV

The LS6 went on sale in October 2023 and is a Tesla Model Y competitor. Read more…
Tesla Model S and Model X expected delivery dates in China extended to Q2

The Model S and Model X are not produced locally in China, and they have had expected delivery dates of the first quarter of 2024 for the past few months. Read more…
State investors jump on board NEV maker Leapmotor’s bandwagon

As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis. Read more…
Xpeng offers $6,970 discount on top-trim variant of P7i sedan

Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China’s EV space. Read more…
SAIC-GM-Wuling aims to sell 700,000 NEVs in 2024

SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share. Read more…
China EV insurance registrations for week ending Jan 21: Nio 1,900, Xpeng 1,800, Li Auto 7,600, Tesla 11,700

For the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600 and Tesla at 22,400. Read more…
Leapmotor president has departed, report says

Leapmotor co-founder and president Wu Baojun has left the company, which will no longer have a president position, according to local media. Read more…
Dongfeng’s NEV unit Voyah aims to sell 100,000 cars in 2024

Tesla Cybertruck to start China tour at late Jan with 8 cars to debut in 8 cities

Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi’an, and Chongqing will be the first eight cities that Cybertruck will tour in China. Read more…
Nio issues fraud warning as scammers market gambling business in its name

Nio said it had never been in the gambling business and warned its community not to fall for the scam, saying it had reported to the police. Read more…
BYD teases new compact electric SUV Yuan Up

The Yuan Up will be the newest member of BYD’s Yuan family, which sold 428,580 units in 2023 and contributed 14 percent of BYD’s sales. Read more…

