
BEV sales in April rose 58.4 percent year-on-year, higher than the 21.9 percent growth rate for PHEVs.
NEV exports were a record 200,000 units in April, up 76 percent year-on-year and up 27 percent from March.

BEV sales in April rose 58.4 percent year-on-year, higher than the 21.9 percent growth rate for PHEVs.
NEV exports were a record 200,000 units in April, up 76 percent year-on-year and up 27 percent from March.

The project has a floor area of over 15,000 square meters and is scheduled to officially open in October 2025.
It will be the largest flagship Xiaomi EV center in Shanghai, adjacent to the largest Tesla Center in China.

Models with lower price tags contributed more to Li Auto’s monthly deliveries.
Li L6 contributed 49.37 percent of Li Auto deliveries in April.

The Mona M03 and P7+ sedans continue to be Xpeng’s top sellers, though the G6 and G9 SUVs saw significant sales growth.
April deliveries for both the Mona M03 and P7+ were down from March.

In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year.
The Model Y exported 13,976 units in April, up 149.30 percent year-on-year.

The ET9 is Nio’s highest-priced model and one of the few luxury sedans built by a Chinese carmaker.
The ES6 continues to be the highest delivered Nio-branded model, with 6,866 units delivered in April.

CATL vice chairman Li Ping, a Fudan University alumnus, is donating to establish a research fund.
Li’s stake in CATL will be reduced from 4.58 percent to 4.48 percent.

CATL plans to use about 90 percent of the proceeds for its project in Hungary.
Trading of CATL shares in Hong Kong will begin on Tuesday, May 20.

In January-April, Tesla’s retail sales in China’s domestic market amounted to 163,338 units, down 0.31 percent year-on-year.
Tesla’s retail share of the Chinese BEV market was 5.14 percent in April, down from 11.47 percent in March.

Retail sales of China’s passenger NEVs saw year-on-year growth last month, despite a decline from March.
Retail penetration of NEVs was 51.5 percent in April, above 50 percent for the second consecutive month.

The delivery of this 700,000th vehicle means that the Nio main brand has delivered 2,615 vehicles so far this month.
The Nio brand delivered 19,269 vehicles in April, a year-on-year increase of 23.36 percent.

Li Auto launched its updated L-series EREVs on May 8, and deliveries began yesterday.
In March, the Li L7 delivered 8,707 units, contributing 23.74 percent of Li Auto’s monthly deliveries.

The official launch of the updated ES6 and EC6 will take place on May 16, and show cars are already available at Nio showrooms.
The updated ET5 and ET5 Touring will be launched on May 25, with show cars to be available on May 22.

The adjustments focus on Onvo, which remains a sub-brand but will operate as a first-tier division of Nio.
Nio is also reducing management compensation costs.

Tesla’s Shanghai Gigafactory completed the capacity ramp-up for the updated Model Y in six weeks, setting a new record for it.
Factories are Tesla’s best products, it said.

The partnership includes the new Xiaomi curve on the Grand Prix circuit and a new advertising installation on the Nordschleife.
The Xiaomi SU7 Ultra production version is on a challenge at the Nürburgring track.

Nio will start accepting pre-orders for the updated ES6 and EC6 on Saturday, May 10.
Show cars of the updated ES6 and EC6 will be available at Nio’s showrooms in China starting May 10.

Xpeng Aeroht said its mass-production factory for flying cars is now 70 percent complete and is scheduled for completion in the fourth quarter.
Xpeng Aeroht submitted its Type Certificate application in March 2024, which is still under review.

Leapmotor began pre-sales of the updated C10 at the end of last month at a starting price of RMB 129,800 ($17,900).
The C10 delivered 12,255 units in March, contributing 33 percent of Leapmotor’s monthly deliveries.

Li Auto’s updated L-series EREVs are now available in showrooms, with deliveries set to begin next week.
These updated models are priced the same as before but bring feature upgrades.
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