FAW will acquire a 35.80 percent stake in ZYT, becoming its largest single shareholder, a regulatory filing shows.
ZYT, established in 2016 and formerly known as DJI Automotive, is DJI’s unit focused on smart driving technology.
Author: cnevpost
Nio ES8 capacity for 2025 sold out with new customers facing earliest deliveries in Mar 2026
Chinese customers ordering the all-new ES8 now can expect deliveries 24-26 weeks after order confirmation.
The new ES8 has a production capacity of 40,000 units for the remainder of this year, with 15,000 units slated for December.
Changan’s EV unit Avatr plans to file for Hong Kong IPO in Q4, report says
Avatr may submit its Hong Kong IPO application as early as October and complete the listing by the second quarter of 2026.
Avatr’s most recent funding round was in December 2024, when it completed a series C financing exceeding RMB 11 billion ($1.5 billion).
Zeekr reportedly moves up rollout pace for updated 001, pre-sales to begin Sept 23
The updated Zeekr 001 will feature Nvidia’s Thor-U chip and utilize a 900-volt high-voltage system, Zeekr previously said.
The official launch of the updated Zeekr 001 is scheduled for mid-October, with deliveries commencing at that time.
New MG4 delivers over 10,000 units in 24 days since launch
MG launched the redesigned MG4 on August 29 with a discounted starting price of RMB 65,800. Read more…
BYD to launch new variants for Qin Plus sedan on Sept 25
BYD will introduce new variants for the second-generation Qin Plus in three days, as cumulative deliveries of the affordable sedan surpass 2.4 million units.
The Qin Plus was initially launched in March 2021 and currently starts at RMB 79,800 ($11,220).
AUDI begins deliveries of E5 Sportback
The E5 Sportback was launched in China on September 16 with a starting price of RMB 235,900 ($33,160). Read more…
GWM’s Ora brand to debut its 1st electric SUV Ora 5 on Sept 25
The Ora 5 represents a key model in Ora’s brand revitalization efforts, following years of relative quiet.
The Ora 5 measures 4,471 mm in length and features a single electric motor with a peak power output of 150 kW, according to its filing.
BYD Denza to unveil N8L large 6-seat hybrid SUV ‘soon’
The N8L is a PHEV model measuring 5,200 mm in length and will feature three electric motors.
Denza will officially launch the N8L in the second quarter of next year, taking aim at the luxury SUV market with the Denza N9, a previous report indicated.
BYD Denza to unveil N8L large 6-seat hybrid SUV ‘soon’
The N8L is a PHEV model measuring 5,200 mm in length and will feature three electric motors.
Denza will officially launch the N8L in the second quarter of next year, taking aim at the luxury SUV market with the Denza N9, a previous report indicated.
Nio to begin trial operation of 5th-gen swap stations by Christmas
Pilot sites for the fifth-generation stations will enter trial operation by Christmas this year, with each station’s capacity increasing by 20 percent.
In overseas markets, Nio will also collaborate with partners to build battery swap stations to reduce spending.
BYD Yangwang unveils U9 Xtreme, world’s fastest production car with 496.22 km/h top speed
Yangwang has started accepting reservations for the U9 Xtreme, limited to 30 units globally.
Built on a 1200-volt high-voltage platform, the U9 Xtreme features four motors delivering over 3000 Ps of combined horsepower.
Buffett’s Berkshire has liquidated its remaining stake in BYD
Berkshire fully liquidated its BYD holdings after reducing its stake below the disclosure threshold last July.
A BYD executive described this as a normal occurrence and expressed gratitude for the recognition shown by Munger and Buffett.
Nio’s new ES8 capacity of 40,000 units for this year already sold out, report says
Nio began deliveries of the new ES8 today, assuring customers that all orders placed this year will enjoy the same tax reduction, even if deliveries are delayed until next year.
Nio management said earlier this month that the new ES8 will reach a production capacity of 10,000 units in October and 15,000 units in December.
Nio president says ET5 Touring outselling ES6 ‘unexpected’
This reality has prompted Nio management to rethink the need for a more thorough understanding of customer needs.
The ET5 Touring has surpassed the ES6 in monthly deliveries for three consecutive months.
Nio launches Horizon Edition of ET9 sedan to ramp up efforts in ultra-premium market
The ET9 Horizon Edition starts at RMB 818,000 ($114,960), a 6.51 percent premium over the base model, featuring design elements that further emphasize its premium identity.
The ET9 is one of the most expensive models from a domestic automaker, positioned to compete with the Mercedes-Maybach.
Nio launches all-new ES8 that could become one of its most successful models
The all-new ES8 starts at RMB 406,800 ($57,170), which isn’t cheap but is highly competitive for the model itself and its segment.
Deliveries of the all-new ES8 will begin on September 21, with Nio pledging more than 40,000 units of production capacity for the model this year.
BYD unveils Haohan energy storage system with world’s largest capacity of 14.5 MWh
The minimum unit capacity of the vast system reached 14.5 MWh, the highest globally to date, BYD said.
Its blade batteries deliver a maximum capacity of 2,710 Ah, more than 300 percent higher than conventional energy storage batteries.
BYD unveils Haohan energy storage system with world’s largest capacity of 14.5 MWh
The minimum unit capacity of the vast system reached 14.5 MWh, the highest globally to date, BYD said.
Its blade batteries deliver a maximum capacity of 2,710 Ah, more than 300 percent higher than conventional energy storage batteries.
Changan Deepal launches updated S07 SUV equipped with Huawei driver assist system
The updated Deepal S07 starts at RMB 156,900 ($22,060) and continues to offer both BEV and EREV options.
Its BEV variant boasts a CLTC range of 550 km and accelerates from 0 to 100 km/h in 7.4 seconds.
