Nio has confirmed for the first time that the company works with McLaren and has received technical service revenue from the automaker.
Nio and McLaren began collaborating in the first quarter, with more cooperation occurring in the second quarter.
Author: cnevpost
Xpeng’s next-gen P7 electric sedan makes European premiere
Xpeng has brought its next-generation P7 to Europe, just as deliveries of the electric sedan began domestically in China.
Xpeng expects its September deliveries to surpass the 40,000-unit mark.
BYD cuts 2025 sales target to 4.6 million from 5.5 million, report says
BYD is feeling increasing competitive pressure from rivals such as Geely and Leapmotor, Reuters said. Read more…
Tesla Model Y L averages nearly 10,000 daily orders in China since launch, report says
Since its launch on August 19, orders for the Model Y L have reached 120,000 units, averaging nearly 10,000 orders per day, according to a local media report.
From October 2024 to August 2025, Tesla China’s monthly sales volume, including exports, declined year-on-year every month except June.
China NEV retail up 5% year-on-year to 1.08 million in Aug, preliminary CPCA data show
This marks the sixth consecutive month since March that China’s passenger NEV retail sales have seen a slowdown in year-on-year growth.
In August, China’s total passenger vehicle retail sales totaled 1.952 million units, up 3 percent year-on-year.
China NEV retail up 5% year-on-year to 1.08 million in Aug, preliminary CPCA data show
This marks the sixth consecutive month since March that China’s passenger NEV retail sales have seen a slowdown in year-on-year growth.
In August, China’s total passenger vehicle retail sales totaled 1.952 million units, up 3 percent year-on-year.
Leapmotor raises $364 million through private placement of domestic shares
Seventy-five percent of the raised funds, or RMB 1.95 billion, will be allocated to developing new EV models and upgrading existing ones.
Leapmotor introduced four Chinese state-owned enterprise shareholders through this share offering.
Leapmotor raises $364 million through private placement of domestic shares
Seventy-five percent of the raised funds, or RMB 1.95 billion, will be allocated to developing new EV models and upgrading existing ones.
Leapmotor introduced four Chinese state-owned enterprise shareholders through this share offering.
BYD Sealion 06 SUV sells 35,483 units in 39 days since launch
The Sealion 06 sold 35,483 units within 39 days of its launch, including 30,483 units in August.
The Sealion family sold 53,279 units in August, becoming BYD’s third-highest-selling lineup for the first time.
Eve Energy starts production of all-solid-state batteries for humanoid robots and flying cars
The all-solid-state battery cell achieves an energy density of up to 300 Wh/kg or 700 Wh/L.
Eve Energy is constructing a solid-state battery production base in Chengdu, targeting an annual capacity of 100 MWh by December 2026.
BYD Fang Cheng Bao to launch Tai 7 SUV on Sept 9
The Tai 7 is expected to be priced between RMB 250,000 ($34,990) and RMB 300,000, overlapping with the Bao 5.
The Tai 7 is the second model in the Tai series following the Tai 3 electric SUV.
Global EV battery market share in Jan-Jul 2025: CATL 37.5%, BYD 17.8%
CATL and BYD collectively installed 326.4 GWh of EV batteries in January-July 2025, accounting for 55.3 percent of the global total.
Six of the world’s top ten EV battery manufacturers are Chinese companies.
Nio Q2 2025 earnings call: Live updates
Nio Inc aims to deliver 150,000 vehicles in the fourth quarter, averaging 50,000 deliveries per month. Read more…
CPCA estimates China Aug NEV wholesale to rise 24% to 1.3 million
In the January to August period, China’s NEV wholesale sales are estimated at 8.93 million units, a 34 percent year-on-year increase.
Multiple automakers achieved record-high NEV wholesale sales in August.
Nio reports narrowed net loss in Q2 as expenses decline
Nio recorded a net loss of RMB 4.99 billion ($697 million) in the second quarter, a 1.0 percent decrease from Q2 2024 and a 26.0 percent decrease from Q1 2025. Read more…
Tesla China sells 83,192 cars in Aug, down 4% year-on-year
In January-August, Tesla China sold 515,552 vehicles, including exports to overseas markets, representing a 12.24 percent year-on-year decline.
From October 2024 to August 2025, Tesla China’s monthly sales including exports declined year-on-year in every month except June, which saw a 0.83 percent increase.
China EV insurance registrations for week ending Aug 31: Nio Inc 8,163, Tesla 12,500, Xiaomi 11,900
Onvo’s registrations last week totaled 3,673 units, down 10.50 percent from the previous week’s 4,104 units. Both Nio and Firefly brands saw growth.
Tesla’s insurance registrations in China last week increased by 21.36 percent to 10,300 units from the previous week.
Tesla begins Model Y L deliveries in China
Chinese customers who currently order the Model Y L are expected to get their vehicles in October.
Tesla’s insurance registrations in China last week totaled 12,500 units, a 21.36 percent increase from the previous week’s 10,300 units.
Huawei to roll out new partnership pattern allowing automakers to retain greater control, report says
The new pattern aims to establish an automaker-led framework with Huawei’s deep involvement.
While the new pattern lacks an official name, the experimental designation “HI Plus” has appeared in some collaborative projects.
Smart to launch 2-seat #2 mini EV for China and overseas markets, debut set for 2026
The all-new Smart #2 will be produced in China and launched in China, Europe, and other overseas markets.
The two-door, two-seat city car will be upgrade from the iconic first-generation Smart ForTwo.
