Li Auto has launched a limited time 0 down payment car purchase program with a gift package of up to RMB 7,196, while the previous RMB 10,000 worth of benefits continue to be available. Read more…
Category: CnEVPost
China NEV retail at 864,000 in Jun, up 6% from May, preliminary CPCA data show
China’s NEV penetration at retail stood at 49.23 percent in June and 41.91 percent year-to-date. Read more…
Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world’s largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share. Read more…
Xpeng Mona M03 sedan makes debut, official launch set for Aug
Xpeng said the Mona M03 will be priced under RMB 200,000 yuan ($27,500) and will have the strongest smart driving capabilities in its class. Read more…
BYD’s BEV sales to overtake Tesla in 2024, says Counterpoint
BYD’s BEV market share is set to surge in 2024, the year it is expected to overtake Tesla in BEV sales. This shift underscores the dynamic nature of the global EV market, said Counterpoint. Read more…
Sunwoda expects all-solid-state battery costs to fall to levels near semi-solid-state batteries by 2026
Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000. Read more…
Huawei to transfer Aito trademarks and patents it holds to Seres for $340 million
Aito is a premium car brand launched by Seres with Huawei on December 2, 2021, and is the first new brand launched by Huawei in partnership with a carmaker. Read more…
Li Auto plans to open its 1st overseas after-sales service store in Kazakhstan this month, report says
Li Auto said its vehicle fleet has reached over 1,000 units in Kazakhstan, and the local after-sales service is in high demand. Read more…
Canada launches 30-day consultation to consider tariffs on EVs imported from China
The only China-made EVs currently imported into Canada are from Tesla, and local Chinese branded EVs have yet to be sold in Canada. Read more…
IPO-bound Hozon tempts investors with overseas drive
Neta Auto parent Hozon has filed to list in Hong Kong, targeting customers at home and abroad with its affordably priced vehicles. Read more…
Tesla beats estimates with 443,956 vehicles delivered globally in Q2
This article is being updated, please refresh later for more content. Read more…
BYD signs deal with French car leasing firm Ayvens to expand in Europe
BYD has signed a memorandum of understanding with Ayvens to distribute electric passenger cars and light commercial vehicles for European customers. Read more…
Eve Energy’s US JV breaks ground on battery plant in Mississippi
The joint venture will produce square LFP batteries for selected North American commercial vehicle applications with an annual capacity of about 21 GWh. Read more…
China Jun NEV wholesale at 970,000, up 8% from May, CPCA estimates show
In June, price wars in China’s auto market cooled down, spurring consumer sentiment among groups that had been on the sidelines, the CPCA said. Read more…
Xiaomi EV to make new round of production line optimization to boost capacity
Deliveries of the Xiaomi SU7 have been further accelerated since July 1, with expected delivery lead times reduced by up to five weeks after orders are locked in, Xiaomi EV said. Read more…
Tesla China sells 71,007 cars in Jun, down 2.16% from May
Tesla China sold 71,007 vehicles in June, down 24.20 percent year-on-year. Read more…
BYD to celebrate Thailand plant inauguration and 8 millionth NEV rollout on Jul 4
BYD just saw its 7 millionth NEV roll off the line on March 25. Read more…
China EV insurance registrations for week ending Jun 30: Nio 6,800, Tesla 14,100, BYD 75,800, Xiaomi 3,200
Xpeng was 3,100, Zeekr was 4,300, Leapmotor was 4,800. Read more…
‘World’s largest’ sodium-ion battery energy storage project goes into operation in China
The energy storage station can store 100,000 kWh of electricity on a single charge, which can meet the needs of around 12,000 households for a day. Read more…
BYD launches 5 models in Tunisia
BYD has launched three BEV models in Tunisia — Tang EV, Dolphin and Atto 3, and two PHEV models — King and Song Plus DM-i. Read more…
