There’s no specific deadline for these discounts until the 2023 models are sold out. Nio will begin delivering 2024 models in March. Read more…
Author: cnevpost
BYD to stop producing pouch batteries for its PHEVs over leak concerns, report says
BYD last month began converting its pouch-type battery cell production lines at two of its factories to produce prismatic batteries, but is still producing pouch cells at a third plant, according to Reuters. Read more…
Xiaomi EV likely to be a disruptor, says Morgan Stanley
Xiaomi’s EV business could have an intrinsic value of RMB 90 billion yuan if it scales up rapidly, Morgan Stanley said. Read more…
Nio’s Alps sub-brand’s models to ditch LiDAR and adopt 1 Orin chip, report says
Alps will use a pure vision solution similar to Tesla’s on its smart driving system to cut costs, according to local media. Read more…
China NEV retail sales at 226,000 in Jan 1-14, down 21% from same period last month
China’s NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December. Read more…
Li Auto seeing immediate effects of price discounts
Some Li Auto stores saw a significant uptick in sales just this past weekend, and some trim levels are no longer available for delivery before the Chinese New Year, according to local media. Read more…
BYD unveils vehicle intelligence strategy, aims to invest over $14 billion
BYD will invest RMB 100 billion in vehicle intelligence in the future to lead the way in NEV development, the company’s chairman said. Read more…
BREAKING: Nio to begin deliveries of 2024 models in Mar, offers discounts on current ones
Nio will begin deliveries of 2024 models in early March and start offering discounts on current models. Read more…
Battery price war: CATL, BYD pushing battery costs down further
The price war for power batteries is intensifying, with the world’s two largest battery makers reportedly pushing battery costs down further. Read more…
Changan’s JV with Huawei tentatively named ‘Newcool’
Under the agreement between the two, Huawei has committed not to engage in the automobile manufacturing business and not to engage in the same business as the new company, Changan chairman said. Read more…
China EV insurance registrations for week ending Jan 14: Nio 1,700, Xpeng 1,400, Li Auto 6,800, Tesla 7,400
During January 1-14, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units. Read more…
Xpeng begins X9 MPV volume deliveries in China
The X9 is the highest-priced in Xpeng’s product lineup and is seen as helping Xpeng improve gross margins. Read more…
Eve Energy to set up JV in Turkey to produce batteries
The joint venture will manufacture and sell products including battery modules and outdoor battery cabinets, as well as build energy storage system projects there. Read more…
Regulatory filing: Core specs of BYD Sea Lion 07 revealed
The BYD Sea Lion 07 will be available in single- and dual-motor versions and support a top speed of 225 km/h. Read more…
Regulatory filing: Zeekr files for new 001, offers LiDAR option
The new Zeekr 001 will use Zeekr’s in-house developed Golden Battery based on LFP chemistry. Read more…
BYD’s 1st car carrier sets sail fully loaded, 7 more to join fleet in next 2 years
BYD Explorer No.1 will be open to partners while serving BYD in the future, the NEV maker said. Read more…
Regulatory filing: Core specs of BYD Yangwang U7 revealed
The Yangwang U7 is powered by four motors, each with a peak power of 240 kW. Read more…
Regulatory filing: Li Auto files for new model L6 and facelifts for existing models
The Li L6, which is smaller than the Li L7, will be powered by LFP batteries and will be Li Auto’s first model to carry lower-cost batteries. Read more…
Huawei-backed Aito to refresh M7 SUV in Q2, report says
Aito launched the new M7 on September 12. It previously said it had more than 120,000 firm orders for the M7 by the end of December. Read more…
Zeekr continues past months’ discounts for Zeekr 001 and offers new perks
Zeekr extends price discounts introduced in August 2023 for the Zeekr 001 and offers new benefits including a RMB 10,000 final payment reduction. Read more…
