The Xiaomi YU7 will be launched in July, and surpasses the Tesla Model Y in multiple fronts.
Xiaomi is already one of the top 10 players in the global BEV market with the SU7 sedan.
Author: cnevpost
BYD surpasses Tesla in BEV registrations in Europe for 1st time
BYD registered 7,231 BEVs in Europe in April, ahead of Tesla’s 7,165.
BYD’s BEV registrations were up 169 percent year-over-year, while Tesla saw a 49 percent drop.
Defunct Chinese EV brand HiPhi reportedly resurrects after change of boss
An investor from Lebanon has invested in HiPhi and the countdown is on for the brand’s work resumption, according to local media.
HiPhi’s factory will produce the original models, and its annual capacity will remain at 150,000 units.
Nio’s updated ET5, ET5 Touring reach showrooms, launch to be on May 25
The updated ET5 and ET5 Touring became available at Nio showrooms today, with three days to go for the launch.
They are expected to receive feature upgrades with no price changes.
Xpeng Aeroht inks strategic tie-up with engine maker Dongan
Xpeng Aeroht and Dongan signed a strategic cooperation agreement to create aviation-specific hybrid systems.
Dongan is the range-extender supplier for Xpeng Aeroht’s modular flying car’s parent vehicle.
BYD signs new deal to supply energy storage systems for project in Chile
BYD has signed an agreement with Spain’s Grenergy to supply an additional 3.5 GWh of energy storage systems.
The supply is for Oasis Atacama in Chile, one of the largest electrochemical energy storage projects in the world.
Xiaomi founder says official launch of YU7 SUV expected in Jul
The official pricing of the YU7 won’t be announced at tonight’s pre-launch event and its pre-orders won’t be open.
The YU7 will be unveiled at Xiaomi’s product launch event, which starts at 7:00 pm Beijing time today.
Baidu Apollo Go robotaxi fleet reaches 1,000-vehicle milestone
Baidu CEO said he sees a clear path to profitability for Apollo Go.
In the first quarter, Apollo Go provided more than 1.4 million rides, up 75 percent year-on-year.
Geely Galaxy shares 1st official images of M9 SUV as global debut nears
Geely Galaxy will give the M9 its global debut at an event in Milan, Italy later today.
In January-April, Geely Galaxy sales were 356,341 units, up 595.26 percent year-on-year.
Li Auto reportedly lowers 2025 sales target to 640,000 from 700,000 units
The sales target was lowered primarily due to order intake not being as strong as expected following the launch of the updated Li L6.
To ensure it achieves full-year profitability this year, Li Auto will exercise moderate cost controls.
BYD launches its best-selling compact EV in Europe, starting at $26,000
The Seagull, rebranded in Europe as the Dolphin Surf, went on sale in 15 European countries on Wednesday.
The Seagull sold 55,028 units in April, contributing 14.48 percent of BYD Group’s monthly sales.
BYD launches its best-selling compact EV in Europe, starting at $26,000
The Seagull, rebranded in Europe as the Dolphin Surf, went on sale in 15 European countries on Wednesday.
The Seagull sold 55,028 units in April, contributing 14.48 percent of BYD Group’s monthly sales.
Nio Onvo L90 with 85-kWh battery pack has range of up to 605 km
The L90 comes standard with a battery pack with 85 kWh capacity and has a CLTC range of 570 to 605 km.
Onvo has filed battery packs with capacities of 60.6 kWh and 85.1 kWh for the L90.
Xpeng Q1 2025 earnings call: Live updates
Xpeng will unveil the G7 SUV in June, which will be a very competitive product in the RMB 250,000 class. Read more…
China NEV retail at 484,000 in May 1-18, up 32% year-on-year
China’s NEV penetration at retail stood at 52.0 percent in the May 1-18 period and 48.8 percent year-to-date.
Retail sales of all passenger vehicles in China were 932,000 units in May 1-18, up 12 percent from a year earlier.
BYD Denza sees 10,000th N9 SUV roll off line
Denza saw the 10,000th N9 roll off the production line today, two months after the large luxury SUV was launched.
Denza N9 sold 5,018 units in April.
Xpeng posts lowest net loss in 5 years in Q1, gross margin at record high
Xpeng’s first-quarter net loss came in at RMB 660 million, the lowest since the second quarter of 2020. Read more…
Nio to report Q1 2025 earnings on Jun 3
Nio Inc delivered 42,094 vehicles in the first quarter, within its guidance range of 41,000 to 43,000 vehicles.
It had previously guided first-quarter revenue to be between RMB 12.37 billion and RMB 12.86 billion.
Xiaomi EV shares glimpse of YU7 SUV’s interior
Xiaomi EV has unveiled Xiaomi HyperVision, which it says is a more intuitive visual interaction system.
The YU7 will be unveiled at Xiaomi’s new product launch event on May 22.
BYD, Tesla top global BEV makers in Q1, says TrendForce
BYD ranked No. 1 in the global BEV market in the first quarter with a 15.4 percent share, while Tesla was No. 2 with 12.6 percent.
In the PHEV market, BYD was No. 1 with a 38.7 percent share and Li Auto was No. 2 with 6.7 percent.
