
From January to September, China’s NEV wholesale sales are estimated at 10.45 million units, up 32 percent year-on-year.
Among major automakers’ NEV wholesale sales, BYD recorded 393,060 units, while Geely reached 165,201 units.

From January to September, China’s NEV wholesale sales are estimated at 10.45 million units, up 32 percent year-on-year.
Among major automakers’ NEV wholesale sales, BYD recorded 393,060 units, while Geely reached 165,201 units.

Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.
Funds from this round will primarily support mass production of CATL’s Bedrock Chassis models and R&D for next-generation technology.

Tesla China’s September sales, including exports, rose 2.82 percent year-on-year, partly boosted by the start of deliveries for the six-seat Model Y L.
From January to September, Tesla China’s sales totaled 606,364 units, down 10.27 percent year-on-year.

Tesla China’s September sales, including exports, rose 2.82 percent year-on-year, partly boosted by the start of deliveries for the six-seat Model Y L.
From January to September, Tesla China’s sales totaled 606,364 units, down 10.27 percent year-on-year.

On October 1, Nio’s single-day battery swap service reached 145,955, setting a new record high.
During the 8-day holiday, Nio provided 1,097,985 battery swap services, with the daily average service volume increasing by 37 percent year-on-year.

The ID.UNYX 07 is slightly larger than the Tesla Model 3 and uses a single motor delivering 228 horsepower.
Volkswagen Anhui currently offers only the ID.UNYX 06 model, with a starting price of RMB 145,900 ($20,470).

Nio has signed a dealer in Armenia, differing from its practice of appointing distributors in multiple other overseas markets.
N-Motors is authorized to sell Nio and Onvo brand products in Armenia for a specified period.

Liu Xianming, with expertise in AI, replaced Li Liyun as head of Xpeng’s autonomous driving center.
Xpeng will announce major breakthroughs in physical AI at this year’s AI tech day event.

Maersk will become CATL’s preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.
The collaboration aims to enhance CATL’s supply chain operations and support its international growth objectives.

The rollout of BYD’s 14 millionth NEV comes about 11 months after its 10 millionth vehicle.
BYD’s passenger car plant in Brazil officially commenced operations on July 1, with Phase 1 targeting an annual production capacity of 150,000 NEVs.

Nio’s head of AI platform, head of world model, and head of smart driving products have recently left the company, according to a local media report.
Nio said that organizational and personnel adjustments are aimed at better iterating the world model 2.0 version.

To date, Xpeng has filed for EREV variants of four existing models.
Xpeng is poised to officially unveil the X9 EREV soon, formally launching its extended-range vehicle super cycle.

The new Model Y variant uses a single motor and batteries from LG Energy Solution, similar to the Model 3 variant with an 830-km range.
The Model Y+ is expected to be priced between the entry-level and long range all-wheel drive versions.

BYD is planning to launch the Shark pickup in the domestic Chinese market after the model has already been rolled out in multiple overseas markets.
Pickups represent a niche segment in China, with sales totaling 369,000 units from January to August.

Tesla delivered a record 497,099 vehicles globally in the third quarter, surpassing Wall Street’s forecast of 439,612 units. Read more…

Voyah’s gross margin rose to 21.3 percent in the first seven months of the year, and it has entered 39 overseas markets.
Voyah’s products primarily cover the price range of RMB 200,000 ($28,090) to RMB 500,000.

The BYD Qin family models sold 67,577 units in September, remaining BYD’s top-selling lineup.
The Sealion family sold 54,065 units in September, surpassing the Seal family to become BYD’s second-highest selling lineup.

Geely Auto sold 273,125 cars in September, a 35.24 percent year-on-year increase, with Geely Galaxy sales surging 131.06 percent.
September PHEV sales hit a record 65,685 units, a 145.58 percent increase year-on-year.

GWM achieved a record-high overseas sales volume of 50,269 units in September, accounting for 37.62 percent of total sales.
September’s NEV sales reached a record 45,961 units, up 52.55 percent year-on-year.

This marks the first year-on-year decline in BYD’s monthly NEV sales since March 2024, with PHEV sales falling 25.58 percent. Read more…
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