Nio will raise the cost of battery upgrades on a daily basis by 76 percent between February 1-17, as it expects demand for upgrades to surge during the Chinese New Year travel rush. Read more…
Author: cnevpost
Exec reveals how Li Auto plans to achieve 800,000 car sales in 2024
Li Auto is aiming to sell at least 400,000 units of its three existing models in 2024, with a new EREV Li L6 selling 30,000 units a month and the Li Mega MPV selling 8,000 units a month. It will launch three new BEV models in the second half of the year. Read more…
Zeekr launches upgraded 009 MPV with small starting price hike and better features
The starting price of the upgraded Zeekr 009 has risen by about $140, but makes a number of settings previously available as paid options standard. Read more…
BYD in talks with Brazilian lithium producer over supply deal
BYD has held discussions with Sigma Lithium about a possible supply agreement, joint venture or acquisition, an executive at the NEV maker said, according to the Financial Times. Read more…
Li Auto opens its 1st 2 Nio House equivalents
Li Auto has opened 2 flagship retail centers in Shenzhen and Guangzhou, with the facilities in Beijing and Shanghai set to debut later this month. Read more…
Nio integrates Alps’ 2 main businesses with Nio brand, report says
The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media. Read more…
Neta begins construction of its 3rd overseas plant in Malaysia
Neta’s plant in Malaysia is scheduled to start production in 2025. Its plant in Thailand is already in production, and another plant in Indonesia will start production in the second quarter. Read more…
EU investigators to come to China to inspect BYD, Geely and SAIC, report says
European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to impose punitive tariffs to protect Europe’s EV makers, Reuters reported. Read more…
Li Auto offering significant discounts across entire lineup, report says
Li Auto is offering discounts ranging from RMB 35,000 to RMB 38,000, depending on the model, local media said. Read more…
Li Auto reportedly to discontinue older models in Q2 after facelifts launched in Mar
Li Auto will release the Li L6 EREV, Li Mega BEV in the first half of the year and will launch three more BEVs in the second half of the year, according to local media. Read more…
Polestar begins deliveries of Polestar 4 SUV in China
Polestar launched the Polestar 4 in China on the first day of the Shanghai auto show on April 17, 2023, and dropped the price significantly in November before deliveries began. Read more…
Leapmotor says new model C10 gets over 15,510 pre-orders in 24 hours of pre-sale
The C10 is available in BEV and EREV versions, and Leapmotor said 40 percent of customers chose the highest configuration. Read more…
BYD Yangwang reveals more specs and images of U7 sedan
Yangwang says the U7 measures 5,265 mm in length and has a wind resistance of Cd 0.195, the lowest of any production sedan in the world. Read more…
China aims for NEVs to contribute 45% of new car sales by 2027
The previous target was for the figure to reach 40 percent by 2030 and 50 percent by 2035. Read more…
China NEV retail sales at 114,000 in Jan 1-7, down 12% from same period last month
In the first week of January, China’s NEV retail sales were down 12 percent from the same period in December, while NEV wholesale sales were down 35 percent. Read more…
BREAKING: Tesla cuts Model 3 and Model Y prices in China
This article is being updated, please refresh later for more content. Read more…
China’s NEV ownership exceeds 20 million, 76% BEVs
By the end of 2023, China had 15.52 million BEVs, accounting for 76.04 percent of all NEVs. Read more…
Xpeng Aeroht to start pre-orders for its modular flying car in China in Q4
Xpeng Aeroht said its modular flying car will be mass-produced and delivered in the fourth quarter of 2025. Read more…
Li Auto to launch facelifts for existing models in Mar
Li Auto’s 2024 models will have configuration updates and will be launched and begin deliveries in March, it said. Read more…
Nio ties up with 2 state-owned groups in Anhui, to support new firm in building 1,000 swap stations
A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province. Read more…
