Nio In today reached the milestone of producing its 800,000th vehicle, which is an L90 from its sub-brand Onvo. Read more…
Author: cnevpost
Great Wall Motor taps US market by partnering with Faraday Future, report says
The first model of Faraday Future’s second brand, FX, the FX Super One, is an MPV licensed from Great Wall Motor, according to a Chinese media report.
The FX Super One marks an important step in the global expansion of Great Wall Motor’s Wey Gaoshan MPV.
China NEV retail at 537,000 in Jul 1-20, up 23% year-on-year
The penetration rate of NEVs in retail sales was 54.9 percent in July 1-20, and 50.56 percent year-to-date.
So far this year, China’s passenger NEV cumulative retail sales totaled 6.006 million units, up 32 percent year-on-year.
Chinese car brands double share in Europe in H1 2025 as strong growth continues
In the first half of 2025, Chinese car brands saw a year-on-year increase of 91 percent in sales in Europe, reaching a new high of 5.1 percent market share.
Five car brands — BYD, Jaecoo, Omoda, Leapmotor, and Xpeng — drove this rapid growth.
Tesla Diner in Shanghai may open in early 2026, report says
The first Tesla Diner in Shanghai may open around Chinese New Year in 2026, with prices likely to be 70 percent of those in the US, according to a local media report.
Tesla has reserved a 3,000-square-meter plot of land next to its Gigafactory in Pudong, Shanghai, for the facility.
Svolt Energy to begin trial production of semi-solid-state batteries in Q4
The semi-solid-state batteries will be supplied to BMW Mini’s next-generation models, with mass production planned for 2027.
Svolt’s first-generation semi-solid-state batteries have an energy density of 300 Wh/kg, with the second generation set to increase to 360 Wh/kg.
Chinese smart driving startup Momenta invests in electric heavy truck startup Zeron
Zeron today announced that it has completed a Series A financing round worth RMB 500 million ($70 million), with Momenta as one of the three lead investors.
Zeron’s two electric heavy-duty trucks have cumulatively delivered nearly 700 units.
Onvo begins L90 test drives as optimism pushes Nio shares higher
Since the L90 began pre-sales on July 10, Nio shares have risen by 43 percent in Hong Kong.
Nearly 600 vehicles for test drives are now available at over 400 Onvo showrooms across 140 cities.
Great Wall Motor chairman teases Ferrari-rivaling supercar
Great Wall Motor’s chairman previewed a supercar in a photo, marking the Chinese automaker’s first glimpse of the model.
The company’s CTO mentioned in late April that Great Wall Motor had been working on a supercar project for the past five years.
BYD launches Sealion 6 DM-i hybrid SUV in Singapore
The Sealion 6 DM-i is BYD’s first hybrid model in Singapore, with a starting price of S$212,888 ($166,140) including Guaranteed COE.
The model is the Song Plus DM-i in China, which has a starting price of RMB 135,800 ($18,940) in BYD’s home market.
Stellantis to launch Leapmotor brand in South Africa this year, starting with C10 SUV
Leapmotor vehicles will be available at select Stellantis dealers in South Africa starting in September, with more models expected to be launched within the next year.
Leapmotor delivered 48,006 vehicles in June, marking the second consecutive month of record-breaking sales.
Li Auto’s lowest-priced Li L6 reaches cumulative deliveries of 300,000 units
In the first six months of the year, the Li L6 delivered 96,354 units, accounting for 47.25 percent of Li Auto’s deliveries during the same period.
The Li L6 was initially launched on April 18, 2024, and received an update in May of this year.
BYD to delay mass production at Hungary plant while moving up production at Turkey plant, report says
BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.
BYD will start production at its factory in Turkey earlier than expected, where labor costs are lower, and output will significantly exceed its announced production plan.
Beijing becomes latest Chinese city to ban petrol cars from joining ride-hailing platforms
Beijing has banned the acceptance of new gasoline vehicles on ride-hailing platforms since July 20, with only EVs accepted.
This comes after several cities, including Shenzhen and Guangzhou, stopped accepting fuel cars into the ride-hailing market.
China EV insurance registrations for week ending Jul 20: Nio 2,500, Tesla 9,900, Xiaomi 7,200
Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw insurance registrations of 4,900 units in China last week, up 19.51 percent from 4,100 in the previous week.
Tesla’s insurance registrations in China decreased by 19.32 percent last week compared to 12,270 in the previous week.
Nio Onvo to officially launch L90 SUV on Jul 31
Onvo will officially launch the L90 on July 31, which will come 2 days after Li Auto launches the Li i8 electric SUV.
The Onvo L90 will have a pre-sales starting price of RMB 279,900 ($39,000), which is 25 percent lower than the expected price of the Li i8.
BYD plans to launch its high-end Yangwang brand in Europe, report says
The move will make BYD the first Chinese automaker to enter Europe’s top luxury car market, Autocar reports.
The U8 and U9 will go on sale in Europe, with more models to come.
BYD plans to launch its high-end Yangwang brand in Europe, report says
The move will make BYD the first Chinese automaker to enter Europe’s top luxury car market, Autocar reports.
The U8 and U9 will go on sale in Europe, with more models to come.
Mirattery says 1 of its founding shareholders upped stakes in Series C financing
Mirattery said one of its founding shareholders, Hubei Science Technology Investment, has increased bet in its Series C round of financing.
Earlier this month, Mirattery announced it had entered into a partnership with CATL, another founding shareholder, involving an equity investment.
BYD to launch Sealion 06 SUV on Jul 24
The Sealion 06 will be available in both a hybrid Sealion 06 DM-i and a pure electric Sealion 06 EV option, with an estimated price range of RMB 160,000 ($22,300) to RMB 200,000.
The Sealion family is one of BYD’s best-selling models, with a record 34,757 units sold in June.
