October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model. Read more…
Author: cnevpost
China EV battery installations in Oct: CATL’s share rises to 42.18%, BYD drops to 26.23%
CATL’s share of the Chinese EV battery market increased by 3.4 percentage points in October compared to September, while BYD’s share decreased by 0.77 percentage points. Read more…
SAIC-GM to plug into Tesla’s charging network in China by year-end
SAIC-GM has become the first automaker in China to plug into Tesla’s charging network, with Cadillac and Buick-branded models based on the Ultium platform getting access to some Tesla chargers. Read more…
Top NEV sellers in China in Oct: BYD No. 1 with 33.7% share, Tesla No. 8 with 3.7% share
In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent. Read more…
BYD Yangwang U8’s 1st production cars roll off line, deliveries to start soon
On October 20, a local media outlet reported that orders for the Yangwang U8, which was officially launched on September 20, exceeded 30,000 units. Read more…
China’s Oct NEV sales up 5.75% MoM to record 956,000, CAAM data show
Excluding exports, China’s NEV sales in October were a record 832,000 units, up 2.9 percent from September. Read more…
Zeekr formally files for listing in New York under ticker symbol ZK
Zeekr lost RMB 3.87 billion in the first half of this year, up 25.24 percent year-on-year. Its gross margin in the first half of the year was 10.5 percent, up from 9.7 percent in the same period last year. Read more…
Huawei, Chery’s joint EV brand Luxeed unveils 1st model, goes on pre-sale with $35,420 starting price
The Luxeed S7, the first sedan jointly created by Huawei and a carmaker, will be officially launched on November 28. Read more…
Nio still ‘debating’ North America entry by 2025, exec says
Nio is considering “any kind of partnerships” in North America, the company’s US CEO Ganesh Iyer said. Read more…
BYD Fang Cheng Bao officially launches 1st model Bao 5, deliveries to start this month
The Bao 5 SUV is available in three variants with a starting price of RMB 289,800 and can accelerate from 0 to 100 km/h in 4.8 seconds. Read more…
Li Auto Q3 earnings: Deutsche Bank’s 1st look
Li Auto’s third-quarter results were somewhat mixed, with a strong outlook for fourth-quarter sales, according to Deutsche Bank. Read more…
Nio Oct deliveries breakdown: ES6 at 5,875, ET5 Touring at 3,105
The ES6 remains the best-selling Nio model, but deliveries were down from September, while deliveries of the EC6 coupe SUV were up significantly. Read more…
Li Auto posts higher-than-expected Q3 revenue
This article is being updated, please refresh later for more content. Read more…
BYD expands promotion to cover more models
BYD is aiming to sell at least 3 million NEVs in 2023, with nearly 2.4 million sold this year through the end of October. Read more…
Nio rumored to be integrating sub-brand Alps into main brand’s team
Alps is rumored to no longer be a standalone program, with the team’s personnel assigned to various Nio divisions and some positions cut. Read more…
Tesla says price hike in China due to rising costs
Prices are going up because of rising costs, and if costs go down, prices could go down, a Tesla staff said. Read more…
Tesla raises prices of Model 3 and Model Y’s long-range versions slightly in China
The price of the Model 3 Long Range has been raised by RMB 1,500 in China, while the Model Y Long Range has gone up by RMB 2,500. Read more…
Tesla delivers 28,626 vehicles in China in Oct, exports 43,489 from Shanghai plant
Tesla’s share of the NEV market in China was 3.73 percent in October, and its share of the BEV market was 5.78 percent. Read more…
China’s NEV retail sales up 2.7% MoM to record 767,000 in Oct, CPCA data show
China’s NEV penetration rate at retail was 37.8 percent in October, up from 36.9 percent in September. Read more…
TrendForce expects China’s power battery price decline to continue into 2024
China’s lithium battery industry’s overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said. Read more…
