A Nio executive hinted that the starting price for the third-generation ES8 under the BaaS plan will be less than RMB 400,000 ($55,730).
The starting price of its predecessor under the BaaS model was RMB 428,000.
Category: CnEVPost
2025 Chengdu auto show booth map released as event to start on Aug 29
Nio shares a booth with Firefly, while Onvo has an independent booth.
BYD Group occupies the entire Hall 9, showcasing models from its brands including BYD, Denza, Fang Cheng Bao, and Yangwang.
Leapmotor hits 900,000 car delivery milestone
So far this month, Leapmotor has delivered at least 28,659 vehicles.
Leapmotor delivered 50,129 vehicles in July, marking the first time monthly deliveries exceeded the 50,000-unit threshold.
Nio shares more images of all-new ES8 as debut hours away
Nio will hold the debut event for the third-generation ES8 starting at 7:30 pm Beijing time on Thursday, with the official launch scheduled for next month.
The new ES8 comes standard with a 100-kWh long-range battery pack and features a larger body size compared to its predecessor.
Nio hits 9 million battery swaps in Shanghai
Shanghai is the city with the most Nio battery swap stations, currently totaling 190.
William Li said in February that Nio’s battery swap stations in Shanghai were close to breaking even.
Model Y L now available at all Tesla showrooms in China
The Model Y L has arrived at all Tesla showrooms in China following its launch yesterday.
Deliveries of the six-seat SUV in China will begin in September, and it is expected to improve the Model Y’s sales performance in China.
Li Auto begins deliveries of i8 electric SUV with goal of up to 10,000 units by end of Sept
Li Auto aims to deliver 8,000 to 10,000 Li i8 units by the end of September.
Analysts estimate that Li Auto has secured more than 12,000 cancellable orders for the Li i8, which should support an optimistic delivery scenario by the end of September.
BYD partners with Finnish distributor Veho to upgrade local sales network
BYD plans to add retail outlets in multiple Finnish cities to establish a nationwide sales and service network.
Since entering the Finnish passenger vehicle market in 2023, BYD has launched eight models locally.
China NEV retail at 502,000 in Aug 1-17, up 9% year-on-year
In the first 17 days of August, China’s total passenger vehicle retail sales came in at 866,000 units, up 2 percent year-on-year.
The penetration rate of NEVs in retail sales reached 58.0 percent from August 1 to 17, and 51.12 percent year-to-date.
Nio to report Q2 2025 earnings on Sept 2
In the second quarter, Nio Inc delivered 72,056 vehicles, within the guidance range of 72,000 to 75,000 units.
In the first quarter, Nio reported a net loss of RMB 6.75 billion, an increase of 30.19 percent year-on-year.
FAW plans to acquire 10% stake in Leapmotor, report says
FAW plans to acquire about 10 percent of Leapmotor’s shares and become a strategic shareholder.
The first jointly developed model project between the two companies is actively moving forward.
GAC Hyptec launches EREV version of Hyptec HL with 350 km battery range
The Hyptec HL EREV is equipped with a 60-kWh Freevoy Battery provided by CATL, with a CLTC battery range of 350 km.
The starting price for this model is RMB 269,800 ($37,540), and it supports 800V 5C ultra-fast charging.
Xiaomi plans entry into European EV market in 2027
Xiaomi delivered a record 81,302 cars in the second quarter and is currently struggling to meet delivery demand in China.
Xiaomi’s efforts to enter the European EV market are currently in the research and preparation phase.
Xiaomi plans entry into European EV market in 2027
Xiaomi delivered a record 81,302 cars in the second quarter and is currently struggling to meet delivery demand in China.
Xiaomi’s efforts to enter the European EV market are currently in the research and preparation phase.
Huawei-SAIC joint brand Shangjie to begin pre-sales first model on Aug 25, releases official interior images
Shangjie H5 will be officially launched in September, and is expected to be the lowest-priced model under Huawei’s HIMA business.
The model will offer BEV and EREV variants, with a starting price expected to be below $25,000.
Xiaomi’s EV business delivers $2.87 billion in revenue in Q2, up 232% year-on-year
The gross margin for innovative businesses, including EV and AI, was 26.4 percent in the second quarter, higher than 23.2 percent in the first quarter.
In the second quarter, Xiaomi delivered a record 81,302 vehicles, an increase of 7.16 percent from the first quarter.
Huawei-backed Stelato S9T wagon gets over 20,000 pre-orders in 24 hours
Stelato began accepting pre-orders for the S9T on August 18, with a pre-sales price of RMB 328,000 ($45,670).
Within the first hour of pre-sales, the S9T received over 10,000 pre-orders.
Xpeng Q2 2025 earnings call: Live updates
Xpeng’s new generation P7 sedan will be launched next week. Read more…
Zeekr launches 7X SUV in Thailand
The Zeekr 7X is the third model launched by Zeekr in Thailand, following the Zeekr 009 MPV and the Zeekr X compact SUV.
The Zeekr 7X is the best-selling model of the Zeekr brand, accounting for 40.77 percent of its deliveries in July.
BYD Fang Cheng Bao shares interior of Tai 7 SUV as Q4 launch nears
The Tai 7’s interior design adopts a softer overall style, targeting the family car market, differing from the harder-edged style of the Bao 8.
Fang Cheng Bao sold 14,180 vehicles in July, a year-on-year increase of 669.82 percent.