Xiaomi CEO hinted that the YU7 SUV is more competitive in the face of the Model Y refresh.
The YU7 is bigger than the Model Y and is expected to be launched in June or July.
Author: cnevpost
BREAKING: Tesla launches facelifted Model Y in China
The rear-wheel drive version starts at RMB 263,500 ($35,940) and the long-range all-wheel drive version starts at RMB 303,500.
Deliveries are expected to begin in March.
Neta reportedly downsizing directly operated stores, retaining dealer outlets
Neta is restructuring its channel system and will gradually close directly-managed stores and retain dealer stores, according to local media.
Neta customers in several cities have received messages of local directly-managed stores closing.
Neta launches Neta X and Neta Aya in Singapore
Neta launched the Neta X and Neta Aya in Singapore today and secured 52 orders in the morning.
Neta’s new stores in Singapore will open soon.
Great Wall Motor creates new unit to target ultra-luxury market, report says
Great Wall Motor has created a new business unit aimed at the ultra-luxury market, and its chairman Wei Jianjun will also serve as chairman of a new brand.
One of the new brand’s missions will be to explore state-of-the-art technologies, as well as new strategic directions.
Chery to launch models using Nio’s battery swap tech in Q3
The first non-Nio models from its battery swap alliance could be an SUV and a sedan from Chery’s sub-brand Exeed.
Both models are expected to go on sale in the third quarter of 2025.
Xpeng teases new SUV G7 to take on Tesla Model Y
Xpeng’s new SUV is officially named the Xpeng G7, and will perhaps be the most competitive SUV in the RMB 250,000 ($34,100) class this year, an executive said.
Earlier today, widely circulated spy shots showed the facelifted Tesla Model Y looking like the Xpeng G6 SUV.
China NEV retail reaches record 1.3 million in Dec while penetration continues to decline
China’s NEV penetration at retail stood at 49.4 percent in December, marking the fourth consecutive monthly decline and the first time it has fallen below 50 percent since June.
BEVs sold 762,000 units at retail in December, contributing 58.5 percent of all NEV retail sales, lower than 59.8 percent in November.
Tesla sells record 82,927 cars in China in Dec, exports 10,839 from Shanghai plant
In the fourth quarter, Tesla’s retail sales in China were 196,902, contributing 39.73 percent of global deliveries.
It had retail sales of 657,102 units in China in 2024, up 8.85 percent from 2023.
Facelifted Tesla Model Y seen uncamouflaged in winter testing
A facelifted Tesla Model Y not wrapped in camouflage has been spotted undergoing winter testing, signaling that it could be close to launch.
The Model Y is one of the most popular models in China, contributing 72.87 percent of Tesla’s China deliveries in January-November 2024 for the same period.
Mercedes reportedly delays production of all-electric CLA sedan in China due to software issues
Production of the all-electric Mercedes-Benz CLA in China has been delayed to August from the originally planned April due to issues with software development.
The issues faced by the model come from the software development of the electrical and electronic architecture, which seems to be a common problem for new models from the German luxury automaker.
Nio opens new showroom in UAE
Nio has opened a Nio Space in Dubai, its 439th globally.
On November 28, 2024, Nio opened a Nio House in Abu Dhabi, the first flagship showroom to open in the MENA region.
Zeekr releases more images of 007 GT, says launch planned for Q2
Zeekr has shared three new images of the Zeekr 007 GT, showing for the first time what the shooting brake model looks like in real life.
The model is scheduled to be launched in the second quarter of this year.
Svolt unveils EV battery that can charge from 10% to 80% in less than 9 minutes
Svolt unveiled its Fengxing Short Blade Battery with a 6C charging multiplier, which it said can charge from 10 percent to 80 percent in just 8.5 minutes.
It also unveiled its first battery built specifically for off-road models, already used in the Tank 500 Hi4-Z.
BYD officially launches Xia MPV, prices start at $34,070
The Xia MPV is based on BYD’s DM 5.0 hybrid system and has a CLTC range of up to 1,060 km.
The model can accelerate from 0 to 100 km/h in 8.1 seconds and comes standard with the DiPilot 100 driver assistance system.
China NEV retail at record 1.38 million in Dec, preliminary CPCA data show
China’s retail sales of NEVs were a record 1.38 million units in December, surpassing the 1 million mark for the fifth consecutive month, according to preliminary CPCA data.
China’s NEV penetration at retail was 52.6 percent in December and 47.97 percent in 2024.
China renews car trade-in subsidies, analysts see more benefit for lower-priced NEV makers
China is renewing its auto trade-in subsidies in 2025, fine-tuning the details.
Analysts expect the subsidies to boost demand by 3 million units for the full year 2025 and support double-digit growth in the second and third quarters.
Hesai unveils AT1440 LiDAR with 1440 channels at CES 2025
Hesai unveiled the AT1440, which it said has the world’s highest number of channels for an automotive LiDAR, with more than 30 times higher resolution than mainstream automotive LiDARs.
It also unveiled the next-generation solid-state FTX LiDAR, which it said has the largest field of view in the world for an automotive-grade solid-state LiDAR.
Li Auto sees 200,000th Li L6 roll off line
Li Auto launched the Li L6 on April 18, 2024, and the five-seat SUV is its least expensive.
Since deliveries began last April, the Li L6 delivered 164,488 units through the end of November, contributing 37.21 percent of Li Auto’s deliveries in the first 11 months of last year.
Onvo owners to get more available batteries and free swap service during Chinese New Year holidays
By the end of January, 1000 additional 60-kWh battery packs are expected to be added to the battery swap stations available for Onvo.
Between January 22 and February 12, all Onvo owners will be able to enjoy unlimited free battery swap and charging services at swap stations along highways.