Tianqi Lithium rose nearly 11 percent in Hong Kong, while China’s most actively traded lithium carbonate futures rose by the daily limit of 8 percent.
CATL’s mining permit for the Jianxiawo mine has expired, while production at other lithium mines in Yichun is proceeding normally.
Author: cnevpost
CATL suspends lithium mine production for 3 months due to expired permit, report says
CATL is still in talks with government agencies to renew the permit but is prepared to extend the suspension for several months, according to a Bloomberg report.
Previous reports indicated that CATL’s cash production cost at the lithium mine was RMB 100,000 per ton, while the current price of battery-grade lithium carbonate has dropped to about RMB 70,000 per ton.
IM Motors launches LS6 SUV in Nepal
The IM LS6 is priced at 7,499,000 Nepalese Rupees ($53,470) in Nepal and has been renamed IM6 locally. Read more…
BYD brings Seagull compact hatchback to El Salvador
The Seagull has been renamed Dolphin Mini in El Salvador, with a starting price of $22,400. Read more…
Geely Galaxy A7 hybrid sedan gets over 10,000 orders on its first day of sale
The A7 is 4,918 mm long and has a starting guide price of RMB 89,800 ($12,500). Read more…
Zeekr launches 7X SUV in Australia, expanding its local offering to 3 models
The Zeekr 7X is the third model Zeekr is offering in Australia, following the Zeekr X and Zeekr 009.
The Zeekr 7X is the best-selling model of the Zeekr brand, contributing 40.77 percent of its deliveries in July.
Zeekr files for 9X hybrid SUV, pre-sales to begin by end of this month
The Zeekr 9X is Zeekr’s first hybrid model, measuring 5,239 mm in length.
Its battery pack has a capacity of up to 70 kWh, enabling a battery range of over 380 kilometers.
Geely Galaxy launches A7 hybrid sedan, starting at $12,500
Analysts expect the Galaxy A7’s monthly average sales to reach 10,000 units, given its competitive pricing.
The Galaxy A7 will compete with hybrid sedans including the BYD Qin L DM-i and Seal 06 DM-i.
BYD Yangwang files for new U9 supercar with doubled motor power
The new Yangwang U9, powered by four motors, features a peak power output of 555 kW per motor, 2.3 times that of the current U9’s 240 kW.
The new Yangwang U9 may utilize the high-speed motor technology unveiled by BYD in March.
China Jul NEV retail falls below 1 million, with hybrids seeing first-ever year-on-year decline
BEV retail sales in July totaled 607,000 units, up 24.5 percent year-on-year; PHEVs, including EREVs, totaled 380,000 units, down 4.04 percent year-on-year.
EREV retail sales in July came in at 102,000 units, down 11.4 percent year-on-year.
Leapmotor now has its own car carrier, set to ship over 2,500 EVs to Europe on maiden voyage
The car carrier, chartered from Grimaldi Group, will carry over 2,500 Leapmotor EVs to Europe on its maiden voyage.
Leapmotor will launch its B10 compact electric SUV in overseas markets in September.
Leapmotor now has its own car carrier, set to ship over 2,500 EVs to Europe on maiden voyage
The car carrier, chartered from Grimaldi Group, will carry over 2,500 Leapmotor EVs to Europe on its maiden voyage.
Leapmotor will launch its B10 compact electric SUV in overseas markets in September.
Xpeng files for hybrid variant of X9 MPV, set to be launched in Q4
Xpeng chairman hinted that X9 EREV is a global model, saying that testing had covered 20 countries and 330 cities.
Xpeng has deployed over 1,000 test vehicles for the X9 EREV, with testing lasting over 800 days.
Xpeng files for hybrid variant of X9 MPV, set to be launched in Q4
Xpeng chairman hinted that X9 EREV is a global model, saying that testing had covered 20 countries and 330 cities.
Xpeng has deployed over 1,000 test vehicles for the X9 EREV, with testing lasting over 800 days.
Tesla sells 40,617 cars in China in Jul, down 12% year-on-year
This marks the fifth year-on-year decline in Tesla’s retail sales in China in the first seven months of this year. Read more…
Zeekr to update 4 models, including X, 007, 001, and 7X, this year
Zeekr shared its vehicle update plans for the remainder of the year, partly to avoid negative comments triggered by sudden model updates, as had occurred previously.
The updated Zeekr 001 and Zeekr 7X will begin using Nvidia Thor-U assisted driving chip and a 900-volt high-voltage platform.
BYD Song Plus EV survives lightning strikes unscathed, as if nothing happened
A BYD Song Plus EV was struck by lightning while driving, but both the driver and the vehicle were unharmed.
Apart from two lightning strike points on the roof, the vehicle’s exterior remained undamaged.
Luxeed begins pre-sales of 2 updated models as Huawei-backed brand enters ‘Phase 2.0’
The all-new S7 and R7 are the first models launched by Luxeed in its Phase 2.0, and will feature more Huawei technologies.
The pre-sale price for the updated Luxeed S7 is RMB 258,000 ($35,920), and the R7 is RMB 268,000.
Tesla’s new Model 3 variant has up to 830 km range, Model Y L 751 km, filing info shows
The new Model 3 variant becomes Tesla’s longest-range model, with a battery pack capacity of 78.4 kWh. The Model Y L has an 82.0-kWh battery pack.
Both models use ternary lithium-ion batteries, with the battery cells supplied by South Korea’s LG Energy Solution.
Onvo L90 delivery wait time doubles to 8-10 weeks; over 70% customers opt for BaaS plan
The delivery wait time for the Onvo L90 has doubled, and the wait time for the L60 has also been slightly extended.
Over 70 percent of customers opted for BaaS when purchasing the L90, demonstrating the popularity of the battery rental purchase scheme.