BYD’s net income for the first three quarters came in at RMB 23.333 billion, down 7.55 percent year-on-year. Read more…
Category: CnEVPost
Seres sees Q3 net income decline 1.74% year-on-year
Seres’ net income for the first three quarters totaled RMB 5.31 billion, representing a 31.56 percent increase compared to the same period last year.Seres sold 340,650 vehicles in the first nine months of this year, a year-on-year decrease of 7.79 percent.
SAIC posts 645% surge in Q3 net income, driven by sales growth and cost control
SAIC attributed the substantial net income growth primarily to increased sales volume and optimized costs and expenses.
SAIC’s wholesale sales in the third quarter reached 1.14 million units, a 38.7 percent year-on-year increase.
Dongfeng eπ to launch affordable eπ 007+ sedan on Nov 10, featuring LiDAR as standard
The Dongfeng eπ 007+ measures 4,880 mm in length and boasts 0-100 km/h acceleration in under 4 seconds.
Pricing for the model is expected to be slightly higher than the eπ 007’s starting price of RMB 115,900 ($16,330).
Tesla to return to China import expo next month, Cybercab to make Asian debut
Tesla will participate in next month’s 8th China International Import Expo, marking its return to the event after skipping last year’s edition.
The Cybercab robotaxi will make its Asia-Pacific debut at the event.
Xpeng to hold 2025 AI Day on Nov 5, set to announce breakthroughs in physical AI
Xpeng has seen multiple surprising capabilities emerge in the field of physical AI, the company’s CEO said.
Physical AI defines the next decade — it shapes how people travel and live, Xpeng CEO said.
Hyundai launches EO compact SUV in China, seeking comeback in world’s largest EV market
Priced starting at RMB 119,800 ($16,870), the Hyundai EO will compete against models including the BYD Yuan Plus and Geely Galaxy E5.
The Hyundai EO stands as one of the few highly anticipated EV models launched by South Korean automakers in China over the past few years.
China NEV retail at 901,000 in Oct 1-26, flat from same period last year
Year-to-date, China’s passenger NEV cumulative retail sales came in at 9.77 million units, up 22 percent year-on-year.
The retail penetration rate of NEVs in China was 55.9 percent from October 1-26, and 52.5 percent year-to-date.
Arcfox launches updated Alpha T5 SUV, shifts to offering both EREV and BEV options
The updated Arcfox Alpha T5 is a midsize SUV with a starting price of RMB 109,800 ($15,460) after discounts.
The Alpha T5’s EREV variants offer a 215-kilometer battery range.
Leapmotor C16 SUV reaches 100,000-unit delivery milestone
The Leapmotor C16 measures 4,915 mm in length and starts at just RMB 151,800 ($21,380).
Leapmotor delivered 66,657 vehicles in September, marking its fifth consecutive month of record-high deliveries.
Xpeng’s best-selling Mona M03 reaches 200,000th production milestone
This means the Xpeng Mona M03 is poised to achieve a record-breaking delivery of about 19,400 units this month.
From January to September, the Mona M03 delivered 131,989 units, accounting for 42.14 percent of Xpeng’s total deliveries during the same period.
Smart launches #5 EHD, joining China’s hybrid SUV race
The launch of the Smart #5 EHD marks the brand’s shift from offering only pure electric cars to also developing hybrid models.
The Smart #5 EHD measures 4,705 mm in length and offers a battery range of up to 252 kilometers.
BYD unveils Racco mini electric K-Car in Japan
The Racco is BYD’s fifth model in Japan, targeting a popular segment in the country.
The Racco marks BYD’s second model tailored for overseas markets following the Shark hybrid pickup.
BYD Denza launches N8L 6-seat SUV in latest push in China’s premium market
The 5.2-meter-long Denza N8L starts at RMB 299,800 ($42,210), poised to intensify competition in China’s large six-seat SUV segment.
The N8L represents Denza’s latest push in the premium market as it seeks to reduce sales reliance on the D9 MPV.
BYD sees 400% surge in European registrations in Sept, while Tesla slips 10.5%
BYD’s new vehicle registrations in Europe reached 24,963 units in September, about five times the figure from the same period last year.
From January to September, BYD’s new vehicle registrations in Europe totaled 120,859 units, marking a 299.5 percent year-on-year increase.
Avatr launches 4-LiDAR version of Avatr 12 sedan starting at $38,020
It features four LiDAR sensors supporting 360-degree perception coverage with centimeter-level accuracy.
Measuring 5,020 mm in length, the sedan can accelerate from 0 to 100 km/h in 3.8 seconds.
LiDAR maker Hesai sues Seyond for patent infringement
Hesai’s lawsuit comes as Seyond prepares for its Hong Kong listing.
Hesai is one of China’s largest LiDAR makers, holding a 32.8 percent market share from January to August.
Zeekr launches updated 7X SUV: Built on 900-volt architecture, charges from 10% to 80% in 10 minutes
The updated Zeekr 7X starts at RMB 229,800 ($32,370), with its most powerful variant capable of accelerating from 0 to 100 km/h in 2.98 seconds.
From January to September, the Zeekr 7X delivered 52,255 units, accounting for 36.39 percent of the brand’s total deliveries during the same period.
Xiaomi EV establishes new team to explore next-gen tech architecture, report says
The new team, led directly by Xiaomi’s founder, is responsible for setting the technical direction for its next-generation EV technology architecture.
The outcomes of the new team will be crucial for Xiaomi’s future competitive strategy.
Xpeng surpasses Li Auto in market cap as EV makers’ growth paths diverge
From January to September, Li Auto’s deliveries fell 13.07 percent year-on-year, while Xpeng surged 217.77 percent.
For most of the past two years, Li Auto has held the highest market capitalization among China’s EV trio.
